Company registration number 14545646 (England and Wales)
NOTHING TO LOU'S LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
NOTHING TO LOU'S LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
NOTHING TO LOU'S LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
Notes
£
£
Fixed assets
Tangible assets
3
925
Current assets
Debtors
4
19,850
Cash at bank and in hand
12
19,862
Creditors: amounts falling due within one year
5
(20,686)
Net current liabilities
(824)
Net assets
101
Capital and reserves
Called up share capital
6
100
Profit and loss reserves
1
Total equity
101

For the financial Period ended 31 December 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 of its financial statements for the Period in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 13 September 2024
Mrs L J Harris
Director
Company registration number 14545646 (England and Wales)
NOTHING TO LOU'S LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information

Nothing to Lou's Limited is a private company limited by shares incorporated in England and Wales. The registered office is 88 Hill Village Road, Sutton Coldfield, England, B75 5BE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

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

 

1.3
Tangible fixed assets
Computers
33% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

NOTHING TO LOU'S LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2023
Number
Total
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 16 December 2022
-
0
Additions
1,380
At 31 December 2023
1,380
Depreciation and impairment
At 16 December 2022
-
0
Depreciation charged in the Period
455
At 31 December 2023
455
Carrying amount
At 31 December 2023
925
4
Debtors
2023
Amounts falling due within one year:
£
Trade debtors
7,991
Other debtors
11,859
19,850
5
Creditors: amounts falling due within one year
2023
£
Taxation and social security
12,886
Other creditors
7,800
20,686
NOTHING TO LOU'S LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 4 -
6
Called up share capital
2023
2023
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
100
100

During the year, 100 Ordinary £1 shares were issued at par.

7
Directors' transactions
Description
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Louise Harris
-
-
11,125
11,125
-
11,125
11,125
2023-12-312022-12-16false13 September 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMrs L J Harrisfalsefalse145456462022-12-162023-12-31145456462023-12-3114545646core:OtherPropertyPlantEquipment2023-12-3114545646core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3114545646core:CurrentFinancialInstruments2023-12-3114545646core:ShareCapital2023-12-3114545646core:RetainedEarningsAccumulatedLosses2023-12-3114545646bus:Director12022-12-162023-12-3114545646core:ComputerEquipment2022-12-162023-12-3114545646core:OtherPropertyPlantEquipment2022-12-1514545646core:OtherPropertyPlantEquipment2022-12-162023-12-3114545646core:WithinOneYear2023-12-3114545646bus:PrivateLimitedCompanyLtd2022-12-162023-12-3114545646bus:SmallCompaniesRegimeForAccounts2022-12-162023-12-3114545646bus:FRS1022022-12-162023-12-3114545646bus:AuditExemptWithAccountantsReport2022-12-162023-12-3114545646bus:FullAccounts2022-12-162023-12-31xbrli:purexbrli:sharesiso4217:GBP