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
Lai's Limited
Company Information
for the year ended 30 April 2024
Company Number
04111441 (England and Wales)
Registered Office
C/O 1 COWICK STREET
ST. THOMAS BUILDING
EXETER
EX4 1AF
ENGLAND
Lai's Limited
Statement of financial position
as at 30 April 2024
Tangible assets
428,641
428,641
Cash at bank and in hand
452
452
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)
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
Lai's Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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:
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
At 1 May 2023
72,266
661,364
733,630
At 30 April 2024
72,266
661,364
733,630
At 30 April 2024
189,990
238,651
428,641
At 30 April 2023
189,990
238,651
428,641
Amounts falling due within one year
Other debtors
25,225
25,225
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
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).