Company Registration No. 12727333 (England and Wales)
Loyly Health Recovery & Resilience Ltd
Unaudited accounts
for the year ended 31 July 2024
Loyly Health Recovery & Resilience Ltd
Unaudited accounts
Contents
Loyly Health Recovery & Resilience Ltd
Company Information
for the year ended 31 July 2024
Company Number
12727333 (England and Wales)
Registered Office
7 Harmony Terrace
Paynters Lane End
Redruth
Cornwall
TR16 4SS
England
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Loyly Health Recovery & Resilience Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
2,037
1
Creditors: amounts falling due within one year
(2,483)
(301)
Net current assets
1,389
75
Total assets less current liabilities
1,389
10,242
Creditors: amounts falling due after more than one year
(86,003)
(81,572)
Net liabilities
(84,614)
(71,330)
Called up share capital
1
1
Profit and loss account
(84,615)
(71,331)
Shareholders' funds
(84,614)
(71,330)
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 September 2024 and were signed on its behalf by
Simon Dumbrell
Director
Company Registration No. 12727333
Loyly Health Recovery & Resilience Ltd
Notes to the Accounts
for the year ended 31 July 2024
Loyly Health Recovery & Resilience Ltd is a private company, limited by shares, registered in England and Wales, registration number 12727333. The registered office is 7 Harmony Terrace, Paynters Lane End, Redruth, Cornwall, TR16 4SS, 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.
Going Concern: The Director continues to provide his financial support to the Company. In the near future there is no intention to repay either the Inter-company loan, (owed to TREVELYAN PROJECT MANAGEMENT LTD (a company owned under common control) ) or the Directors Loan account.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4 Years straight Line
Plant & machinery
4 Years Straight Line
Fixtures & fittings
4 Years Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
10,393
27,691
2,438
40,522
At 31 July 2024
10,393
27,691
2,438
40,522
At 1 August 2023
7,795
20,731
1,829
30,355
Charge for the year
2,598
6,960
609
10,167
At 31 July 2024
10,393
27,691
2,438
40,522
At 31 July 2023
2,598
6,960
609
10,167
Loyly Health Recovery & Resilience Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
301
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
42,713
43,430
Loans from directors
43,290
38,142
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).