IRIS Accounts Production v24.3.2.46 07714473 director 1.9.23 31.8.24 31.8.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077144732023-08-31077144732024-08-31077144732023-09-012024-08-31077144732022-08-31077144732022-09-012023-08-31077144732023-08-3107714473ns15:EnglandWales2023-09-012024-08-3107714473ns14:PoundSterling2023-09-012024-08-3107714473ns10:Director12023-09-012024-08-3107714473ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107714473ns10:SmallEntities2023-09-012024-08-3107714473ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3107714473ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107714473ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107714473ns10:FullAccounts2023-09-012024-08-310771447312023-09-012024-08-3107714473ns10:RegisteredOffice2023-09-012024-08-3107714473ns5:CurrentFinancialInstruments2024-08-3107714473ns5:CurrentFinancialInstruments2023-08-3107714473ns5:ShareCapital2024-08-3107714473ns5:ShareCapital2023-08-3107714473ns5:RetainedEarningsAccumulatedLosses2024-08-3107714473ns5:RetainedEarningsAccumulatedLosses2023-08-3107714473ns5:NetGoodwill2023-09-012024-08-3107714473ns5:ComputerEquipment2023-09-012024-08-3107714473ns5:NetGoodwill2023-08-3107714473ns5:NetGoodwill2024-08-3107714473ns5:NetGoodwill2023-08-3107714473ns5:ComputerEquipment2023-08-3107714473ns5:ComputerEquipment2024-08-3107714473ns5:ComputerEquipment2023-08-31
REGISTERED NUMBER: 07714473 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LIA TOBY LIMITED

LIA TOBY LIMITED (REGISTERED NUMBER: 07714473)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

LIA TOBY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: L Toby





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 07714473 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

LIA TOBY LIMITED (REGISTERED NUMBER: 07714473)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,373 4,502
5,373 4,502

CURRENT ASSETS
Cash at bank 14,247 9,991

CREDITORS
Amounts falling due within one year 6 4,593 3,133
NET CURRENT ASSETS 9,654 6,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,027

11,360

PROVISIONS FOR LIABILITIES 1,021 855
NET ASSETS 14,006 10,505

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 14,005 10,504
SHAREHOLDERS' FUNDS 14,006 10,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





L Toby - Director


LIA TOBY LIMITED (REGISTERED NUMBER: 07714473)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Lia Toby Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover
Turnover represents gross invoiced sales. Turnover is recognised when the services has been provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

LIA TOBY LIMITED (REGISTERED NUMBER: 07714473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 10,000
AMORTISATION
At 1 September 2023
and 31 August 2024 10,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2023 34,301
Additions 4,610
At 31 August 2024 38,911
DEPRECIATION
At 1 September 2023 29,799
Charge for year 3,739
At 31 August 2024 33,538
NET BOOK VALUE
At 31 August 2024 5,373
At 31 August 2023 4,502

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Tax 3,566 2,146
Social security and other taxes - (43 )
Directors' current accounts 86 87
Accrued expenses 941 943
4,593 3,133

7. RELATED PARTY DISCLOSURES

At the year end, the company owed the director £86 (2023: £87). This is interest free and has no terms attached.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LIA TOBY LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lia Toby Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lia Toby Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lia Toby Limited and state those matters that we have agreed to state to the director of Lia Toby Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lia Toby Limited and its director for our work or for this report.

It is your duty to ensure that Lia Toby Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lia Toby Limited. You consider that Lia Toby Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lia Toby Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


21 January 2025