1 May 2023 false No description of principal activity Taxfiler 2024.6 04111441business:PrivateLimitedCompanyLtd2023-05-012024-04-30 041114412023-04-30 041114412023-05-012024-04-30 04111441business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 04111441business:FilletedAccounts2023-05-012024-04-30 041114412024-04-30 04111441business:Director12023-05-012024-04-30 04111441business:RegisteredOffice2023-05-012024-04-30 041114412023-04-30 04111441core:WithinOneYear2024-04-30 04111441core:WithinOneYear2023-04-30 04111441core:AfterOneYear2024-04-30 04111441core:AfterOneYear2023-04-30 04111441core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 04111441core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 04111441core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 04111441core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 04111441core:PreviouslyStatedAmount2024-04-30 04111441core:PreviouslyStatedAmount2023-04-30 04111441business:SmallEntities2023-05-012024-04-30 04111441countries:EnglandWales2023-05-012024-04-30 04111441core:LandBuildings2023-04-30 04111441core:PlantMachinery2023-04-30 04111441core:LandBuildings2024-04-30 04111441core:PlantMachinery2024-04-30 041114412022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 04111441 (England and Wales)
Lai's Limited Unaudited accounts for the year ended 30 April 2024
Lai's Limited Unaudited accounts Contents
Page
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Lai's Limited Company Information for the year ended 30 April 2024
Director
Yuk Leong Lai
Company Number
04111441 (England and Wales)
Registered Office
C/O 1 COWICK STREET ST. THOMAS BUILDING EXETER EX4 1AF ENGLAND
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Lai's Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
428,641 
428,641 
Current assets
Debtors
25,225 
25,225 
Cash at bank and in hand
452 
452 
25,677 
25,677 
Creditors: amounts falling due within one year
(195,649)
(195,208)
Net current liabilities
(169,972)
(169,531)
Total assets less current liabilities
258,669 
259,110 
Creditors: amounts falling due after more than one year
(205,364)
(205,364)
Provisions for liabilities
Deferred tax
(32,207)
(32,207)
Net assets
21,098 
21,539 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
20,798 
21,239 
Shareholders' funds
21,098 
21,539 
For the year ending 30 April 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 17 January 2025 and were signed on its behalf by
Yuk Leong Lai Director Company Registration No. 04111441
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Lai's Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Lai's Limited is a private company, limited by shares, registered in England and Wales, registration number 04111441. The registered office is C/O 1 COWICK STREET, ST. THOMAS BUILDING, EXETER, EX4 1AF, 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.
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.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
262,256 
900,015 
1,162,271 
At 30 April 2024
262,256 
900,015 
1,162,271 
Depreciation
At 1 May 2023
72,266 
661,364 
733,630 
At 30 April 2024
72,266 
661,364 
733,630 
Net book value
At 30 April 2024
189,990 
238,651 
428,641 
At 30 April 2023
189,990 
238,651 
428,641 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
25,225 
25,225 
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Lai's Limited Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
194,685 
194,685 
Loans from directors
964 
523 
195,649 
195,208 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
205,364 
205,364 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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