Company Registration No. 13218891 (England and Wales)
Lola Digital Media Ltd
Unaudited accounts
for the year ended 29 February 2024
Lola Digital Media Ltd
Unaudited accounts
Contents
Lola Digital Media Ltd
Company Information
for the year ended 29 February 2024
Company Number
13218891 (England and Wales)
Registered Office
Office 8, North Court The Courtyard
Woodlands
Bradley Stoke
Bristol
BS32 4NQ
Accountants
Munn Accounting Ltd
64 Coed Meiri
Tyla Garw
Pontyclun
RCT
CF72 9UW
Lola Digital Media Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
174,444
188,858
Creditors: amounts falling due within one year
(23,306)
(25,431)
Net current assets
159,502
166,537
Net assets
160,060
167,218
Called up share capital
1
1
Profit and loss account
160,059
167,217
Shareholders' funds
160,060
167,218
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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 28 November 2024 and were signed on its behalf by
Olivia Hale
Director
Company Registration No. 13218891
Lola Digital Media Ltd
Notes to the Accounts
for the year ended 29 February 2024
Lola Digital Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 13218891. The registered office is Office 8, North Court The Courtyard, Woodlands, Bradley Stoke, Bristol, BS32 4NQ.
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.
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:
Plant & machinery
50% Straight Line
Computer equipment
50% Straight Line
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).