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Company Registration No. 09727313 (England and Wales)
LY Nadlan Ltd Unaudited filleted accounts for the year ended 31 August 2023
LY Nadlan Ltd Unaudited filleted accounts Contents
Page
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LY Nadlan Ltd Company Information for the year ended 31 August 2023
Directors
Yoav Ben-Yoav Lital Liann Ben-Yoav
Company Number
09727313 (England and Wales)
Registered Office
72 Charteris Road London London NW6 7EX England
Accountants
1g Accountants Churchill House 137-139 Brent Street London NW4 4DJ
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LY Nadlan Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
1,617,573 
1,617,573 
Current assets
Debtors
29,550 
32,916 
Cash at bank and in hand
3,033 
3,339 
32,583 
36,255 
Creditors: amounts falling due within one year
(329,494)
(312,262)
Net current liabilities
(296,911)
(276,007)
Total assets less current liabilities
1,320,662 
1,341,566 
Creditors: amounts falling due after more than one year
(1,083,645)
(1,083,645)
Provisions for liabilities
Deferred tax
(65,627)
(65,627)
Net assets
171,390 
192,294 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
169,390 
190,294 
Shareholders' funds
171,390 
192,294 
For the year ending 31 August 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Yoav Ben-Yoav Director Company Registration No. 09727313
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LY Nadlan Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
LY Nadlan Ltd is a private company, limited by shares, registered in England and Wales, registration number 09727313. The registered office is 72 Charteris Road, London, London, NW6 7EX, England.
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.
3
Accounting policies
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
4,440 
At 31 August 2023
4,440 
Depreciation
At 1 September 2022
4,440 
At 31 August 2023
4,440 
Net book value
At 31 August 2023
- 
5
Investments
Other investments 
£ 
Valuation at 1 September 2022
1,617,573 
Valuation at 31 August 2023
1,617,573 
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LY Nadlan Ltd Notes to the Accounts for the year ended 31 August 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,800 
28,800 
Other debtors
750 
4,116 
29,550 
32,916 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
380 
Other creditors
3,572 
- 
Loans from directors
324,962 
310,962 
Accruals
960 
920 
329,494 
312,262 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,083,645 
1,083,645 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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