IRIS Accounts Production v24.2.0.383 08444881 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084448812023-03-31084448812024-03-31084448812023-04-012024-03-31084448812022-03-31084448812022-04-012023-03-31084448812023-03-3108444881ns15:EnglandWales2023-04-012024-03-3108444881ns14:PoundSterling2023-04-012024-03-3108444881ns10:Director12023-04-012024-03-3108444881ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108444881ns10:SmallEntities2023-04-012024-03-3108444881ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108444881ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108444881ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108444881ns10:FullAccounts2023-04-012024-03-310844488112023-04-012024-03-3108444881ns10:RegisteredOffice2023-04-012024-03-3108444881ns5:CurrentFinancialInstruments2024-03-3108444881ns5:CurrentFinancialInstruments2023-03-3108444881ns5:ShareCapital2024-03-3108444881ns5:ShareCapital2023-03-3108444881ns5:RetainedEarningsAccumulatedLosses2024-03-3108444881ns5:RetainedEarningsAccumulatedLosses2023-03-3108444881ns5:NetGoodwill2023-04-012024-03-3108444881ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108444881ns5:PlantMachinery2023-04-012024-03-3108444881ns5:NetGoodwill2023-03-3108444881ns5:NetGoodwill2024-03-3108444881ns5:NetGoodwill2023-03-3108444881ns5:PlantMachinery2023-03-3108444881ns5:PlantMachinery2024-03-3108444881ns5:PlantMachinery2023-03-3108444881ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3108444881ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31084448811ns10:Director12023-03-31084448811ns10:Director12022-03-31084448811ns10:Director12023-04-012024-03-31084448811ns10:Director12022-04-012023-03-31084448811ns10:Director12024-03-31084448811ns10:Director12023-03-31
REGISTERED NUMBER: 08444881 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LOVE PAPERWORK LTD

LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOVE PAPERWORK LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: G Turner





REGISTERED OFFICE: 42-44 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BL





REGISTERED NUMBER: 08444881 (England and Wales)





ACCOUNTANTS: Beeley Hawley & Co. Ltd
Chartered Accountants
42-44 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BL

LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 188
- 188

CURRENT ASSETS
Debtors 6 1,841 2,841
Cash at bank and in hand 2,683 9,885
4,524 12,726
CREDITORS
Amounts falling due within one year 7 2,409 13,155
NET CURRENT ASSETS/(LIABILITIES) 2,115 (429 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,115

(241

)

PROVISIONS FOR LIABILITIES - 36
NET ASSETS/(LIABILITIES) 2,115 (277 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,114 (278 )
SHAREHOLDERS' FUNDS 2,115 (277 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)

BALANCE SHEET - continued
31 March 2024


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 director and authorised for issue on 23 August 2024 and were signed by:





G Turner - Director


LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Love Paperwork Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 9,000
AMORTISATION
At 1 April 2023
and 31 March 2024 9,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 1,647
DEPRECIATION
At 1 April 2023 1,459
Charge for year 188
At 31 March 2024 1,647
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 188

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,369 2,561
Other debtors 472 280
1,841 2,841

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 27 -
Tax 1,398 2,635
Directors' loan accounts - 9,645
Accrued expenses 984 875
2,409 13,155

LOVE PAPERWORK LTD (REGISTERED NUMBER: 08444881)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
G Turner
Balance outstanding at start of year (9,645 ) (6,565 )
Amounts advanced 14,780 10,000
Amounts repaid (4,663 ) (13,080 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 472 (9,645 )