1 March 2023 false No description of principal activity Taxfiler 2024.6 10594058business:PrivateLimitedCompanyLtd2023-03-012024-02-29 105940582023-02-28 105940582023-03-012024-02-29 10594058business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 10594058business:FilletedAccounts2023-03-012024-02-29 105940582024-02-29 10594058business:Director12023-03-012024-02-29 10594058business:RegisteredOffice2023-03-012024-02-29 105940582023-02-28 10594058core:WithinOneYear2024-02-29 10594058core:WithinOneYear2023-02-28 10594058core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10594058core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10594058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10594058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10594058core:PreviouslyStatedAmount2024-02-29 10594058core:PreviouslyStatedAmount2023-02-28 10594058business:SmallEntities2023-03-012024-02-29 10594058countries:EnglandWales2023-03-012024-02-29 10594058core:ComputerEquipment2023-03-012024-02-29 10594058core:ComputerEquipment2023-02-28 10594058core:ComputerEquipment2024-02-29 105940582022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10594058 (England and Wales)
LOFT MAKERS LONDON LTD Unaudited accounts for the year ended 29 February 2024
LOFT MAKERS LONDON LTD Unaudited accounts Contents
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LOFT MAKERS LONDON LTD Company Information for the year ended 29 February 2024
Director
Craig Christopher Darrach
Company Number
10594058 (England and Wales)
Registered Office
18 Tetherdown Road London N10 1NB United Kingdom
Accountants
Multiplus Tax Solutions Ltd Suite 1 Chantal House 13-17 High Beech Road Loughton Essex IG10 4BN
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LOFT MAKERS LONDON LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,118 
3,857 
Current assets
Debtors
47,929 
30,675 
Cash at bank and in hand
3,745 
4,343 
51,674 
35,018 
Creditors: amounts falling due within one year
(54,088)
(29,697)
Net current (liabilities)/assets
(2,414)
5,321 
Net assets
1,704 
9,178 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,703 
9,177 
Shareholders' funds
1,704 
9,178 
For the year ending 29 February 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 22 November 2024 and were signed on its behalf by
Craig Christopher Darrach Director Company Registration No. 10594058
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LOFT MAKERS LONDON LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
LOFT MAKERS LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 10594058. The registered office is 18 Tetherdown Road, London, N10 1NB, United Kingdom.
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
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
6,063 
Additions
1,291 
At 29 February 2024
7,354 
Depreciation
At 1 March 2023
2,206 
Charge for the year
1,030 
At 29 February 2024
3,236 
Net book value
At 29 February 2024
4,118 
At 28 February 2023
3,857 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,960 
23,507 
Other debtors
2,969 
7,168 
47,929 
30,675 
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LOFT MAKERS LONDON LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
20,378 
11,057 
Taxes and social security
35,133 
27,333 
Other creditors
358 
207 
Loans from directors
(3,214)
(9,500)
Accruals
1,433 
600 
54,088 
29,697 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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