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REGISTERED NUMBER: 14483232 (England and Wales)















Unaudited Financial Statements

for the Period 14 November 2022 to 30 November 2023

for

Lay Bare Limited

Lay Bare Limited (Registered number: 14483232)






Contents of the Financial Statements
for the Period 14 November 2022 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lay Bare Limited

Company Information
for the Period 14 November 2022 to 30 November 2023







DIRECTORS: Miss R E Hanson
Miss L M Johnson





REGISTERED OFFICE: 42 Hale Road
Altincham
Greater Manchester
WA14 2EX





REGISTERED NUMBER: 14483232 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

Lay Bare Limited (Registered number: 14483232)

Balance Sheet
30 November 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 101,094

CURRENT ASSETS
Debtors 5 48,703
Cash at bank 8,678
57,381
CREDITORS
Amounts falling due within one year 6 179,269
NET CURRENT LIABILITIES (121,888 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,794

)

RESERVES
Retained earnings (20,794 )
(20,794 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Lay Bare Limited (Registered number: 14483232)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





Miss R E Hanson - Director


Lay Bare Limited (Registered number: 14483232)

Notes to the Financial Statements
for the Period 14 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

Lay Bare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Lay Bare Limited (Registered number: 14483232)

Notes to the Financial Statements - continued
for the Period 14 November 2022 to 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
Additions 67,823 40,072 107,895
At 30 November 2023 67,823 40,072 107,895
DEPRECIATION
Charge for period 5,862 939 6,801
At 30 November 2023 5,862 939 6,801
NET BOOK VALUE
At 30 November 2023 61,961 39,133 101,094

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
£   
Other debtors 48,703

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
£   
Trade creditors 1,821
Other creditors 177,448
179,269