Registered number
14505943
Lof Limited
Filleted Financial Statements
30 November 2023
Lof Limited
Registered number: 14505943
Balance Sheet
as at 30 November 2023
Notes 2023
£
Current assets
Debtors 3 2
Cash at bank and in hand 227,406
227,408
Creditors: amounts falling due within one year 4 (27,871)
Net current assets 199,537
Total assets less current liabilities 199,537
Creditors: amounts falling due after more than one year 5 (200,000)
Net liabilities (463)
Capital and reserves
Called up share capital 2
Profit and loss account (465)
Shareholders' funds (463)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Filippou-Drennen
Director
Approved by the board on 6 August 2024
Lof Limited
Notes to the Accounts
for the period from 25 November 2022 to 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of veterinary services. Turnover is recognised in the financial statements in the period the services are provided.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is not recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments as this is considered immaterial to the true and fair view of the financial statements.
2 Employees 2023
Number
Average number of persons employed by the company 1
3 Debtors 2023
£
Other debtors 2
4 Creditors: amounts falling due within one year 2023
£
Taxation and social security costs 2,086
Other creditors 25,785
27,871
5 Creditors: amounts falling due after one year 2023
£
Bank loans 200,000
6 Other information
Lof Limited is a private company limited by shares and incorporated in England. Its registered office is:
Central House
124 High Street
Hampton Hill
Middlesex
Tw12 1NS
Lof Limited 14505943 false 2022-11-25 2023-11-30 2023-11-30 VT Final Accounts April 2024 A Filippou-Drennen No description of principal activity 14505943 2022-11-25 2023-11-30 14505943 bus:PrivateLimitedCompanyLtd 2022-11-25 2023-11-30 14505943 bus:AuditExempt-NoAccountantsReport 2022-11-25 2023-11-30 14505943 bus:Director40 2022-11-25 2023-11-30 14505943 1 2022-11-25 2023-11-30 14505943 2 2022-11-25 2023-11-30 14505943 countries:England 2022-11-25 2023-11-30 14505943 bus:FRS102 2022-11-25 2023-11-30 14505943 bus:FilletedAccounts 2022-11-25 2023-11-30 14505943 2023-11-30 14505943 core:WithinOneYear 2023-11-30 14505943 core:AfterOneYear 2023-11-30 14505943 core:ShareCapital 2023-11-30 14505943 core:RetainedEarningsAccumulatedLosses 2023-11-30 14505943 2022-11-24 iso4217:GBP xbrli:pure