Company Registration No. 13634567 (England and Wales)
Lilada Limited
Unaudited accounts
for the year ended 31 March 2024
Lilada Limited
Unaudited accounts
Contents
Lilada Limited
Company Information
for the year ended 31 March 2024
Company Number
13634567 (England and Wales)
Registered Office
214 Baker Street
Enfield
EN1 3JT
United Kingdom
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Lilada Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
6,024
9,745
Creditors: amounts falling due within one year
(9,441)
(19,112)
Net current assets
2,856
218
Called up share capital
100
100
Profit and loss account
3,050
560
Shareholders' funds
3,150
660
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 August 2024 and were signed on its behalf by
Mr M Y Simsek
Director
Company Registration No. 13634567
Lilada Limited
Notes to the Accounts
for the year ended 31 March 2024
Lilada Limited is a private company, limited by shares, registered in England and Wales, registration number 13634567. The registered office is 214 Baker Street, Enfield, EN1 3JT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 years - straight line basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Lilada Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,849
4,755
Loans from directors
767
2,638
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is a balance of £767 (2023: £2,638) owed to the director and shareholder of the company. The balance has been provided unsecured, interest free and is repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).