2023-07-01 14970018 2024-06-30 14970018 2023-07-01 2024-06-30 14970018 uk-core:WithinOneYear 2024-06-30 14970018 uk-core:ShareCapital 2024-06-30 14970018 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 14970018 uk-bus:Director1 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure 14970018 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14970018 uk-bus:FRS102 2023-07-01 2024-06-30 14970018 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 14970018 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Lofty Creations Apparel Limited
Registered Number:14970018
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Lofty Creations Apparel Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14970018
As at 30 June 2024
Lofty Creations Apparel Limited
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
2,399
2
2,399
Current assets
Cash and cash equivalents
35,253
35,253
Trade and other payables: amounts falling due within one
year
(32,583)
3
2,670
Net current assets
Total assets less current liabilities
5,069
5,069
Net assets/liabilities
Capital and reserves
Called up share capital
2
Retained earnings
5,067
5,069
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Jason Beevor Director
These financial statements were approved and authorised for issue by the Board on 21 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Lofty Creations Apparel Limited
Notes to the Financial Statements
Statutory Information
Lofty Creations Apparel Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 14970018.
Registered address:
Summit House
Horsecroft Road
Harlow
CM19 5BN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
2,999
Additions
At 30 June 2024
2,999
Provision for depreciation and impairment
Charge for year
600
At 30 June 2024
600
At 30 June 2024
Net book value
2,399
2 of 3
5
For the year ended 30 June 2024
Lofty Creations Apparel Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2024
£
Trade creditors
(1)
Taxation and social security
4,379
Other creditors
28,205
32,583
4. Average number of persons employed
During the year the average number of employees was 0
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