1 July 2023 false No description of principal activity Taxfiler 2024.6 08580144business:PrivateLimitedCompanyLtd2023-07-012024-06-30 085801442023-06-30 085801442023-07-012024-06-30 08580144business:AuditExemptWithAccountantsReport2023-07-012024-06-30 08580144business:FilletedAccounts2023-07-012024-06-30 085801442024-06-30 08580144business:Director12023-07-012024-06-30 08580144business:RegisteredOffice2023-07-012024-06-30 085801442023-06-30 08580144core:WithinOneYear2024-06-30 08580144core:WithinOneYear2023-06-30 08580144core:AfterOneYear2024-06-30 08580144core:AfterOneYear2023-06-30 08580144core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 08580144core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 08580144core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 08580144core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 08580144core:PreviouslyStatedAmount2024-06-30 08580144core:PreviouslyStatedAmount2023-06-30 08580144business:SmallEntities2023-07-012024-06-30 08580144countries:EnglandWales2023-07-012024-06-30 08580144core:PlantMachinery2023-07-012024-06-30 08580144core:PlantMachinery2023-06-30 08580144core:PlantMachinery2024-06-30 085801442022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 08580144 (England and Wales)
Sweet Lizzy Limited Unaudited accounts for the year ended 30 June 2024
Sweet Lizzy Limited Unaudited accounts Contents
Page
- 2 -
Sweet Lizzy Limited Company Information for the year ended 30 June 2024
Director
Elizabeth Fearnley
Company Number
08580144 (England and Wales)
Registered Office
IONA WOOTTON ROAD TIPTOE LYMINGTON HAMPSHIRE SO41 6FU ENGLAND
Accountants
Easy Accountants New Forest Enterprise Centre Rushington Business Park Totton Hampshire SO40 9LA
- 3 -
Sweet Lizzy Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,361 
1,814 
Current assets
Inventories
13,500 
16,000 
Cash at bank and in hand
18,867 
14,374 
32,367 
30,374 
Creditors: amounts falling due within one year
(11,999)
(8,181)
Net current assets
20,368 
22,193 
Total assets less current liabilities
21,729 
24,007 
Creditors: amounts falling due after more than one year
(13,917)
(22,195)
Net assets
7,812 
1,812 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,811 
1,811 
Shareholders' funds
7,812 
1,812 
For the year ending 30 June 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.
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 5 December 2024 and were signed on its behalf by
Elizabeth Fearnley Director Company Registration No. 08580144
- 4 -
Sweet Lizzy Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Sweet Lizzy Limited is a private company, limited by shares, registered in England and Wales, registration number 08580144. The registered office is IONA WOOTTON ROAD, TIPTOE, LYMINGTON, HAMPSHIRE, SO41 6FU, 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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
23,464 
At 30 June 2024
23,464 
Depreciation
At 1 July 2023
21,650 
Charge for the year
453 
At 30 June 2024
22,103 
Net book value
At 30 June 2024
1,361 
At 30 June 2023
1,814 
- 5 -
Sweet Lizzy Limited Notes to the Accounts for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
2 
VAT
1,763 
2,052 
Taxes and social security
2,843 
1,203 
Loans from directors
1,105 
340 
Accruals
6,288 
4,584 
11,999 
8,181 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,917 
22,195 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -