1 May 2023 v2025.6.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP090157822023-05-012024-04-30090157822024-04-30090157822023-04-3009015782core:WithinOneYear2024-04-3009015782core:WithinOneYear2023-04-3009015782core:ShareCapital2024-04-3009015782core:ShareCapital2023-04-3009015782core:RetainedEarningsAccumulatedLosses2024-04-3009015782core:RetainedEarningsAccumulatedLosses2023-04-3009015782bus:Director12023-05-012024-04-3009015782bus:RegisteredOffice2023-05-012024-04-3009015782core:OfficeEquipment2023-05-012024-04-3009015782core:FurnitureFittings2023-05-012024-04-30090157822022-05-012023-04-3009015782core:IntangibleAssetsOtherThanGoodwill2023-05-0109015782core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3009015782core:IntangibleAssetsOtherThanGoodwill2024-04-3009015782core:PlantMachinery2023-05-0109015782core:PlantMachinery2023-05-012024-04-3009015782core:PlantMachinery2024-04-3009015782core:PlantMachinery2023-04-3009015782core:CostValuation2023-05-0109015782core:CostValuation2024-04-300901578212023-05-012024-04-3009015782countries:EnglandWales2023-05-012024-04-3009015782bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3009015782bus:PrivateLimitedCompanyLtd2023-05-012024-04-3009015782bus:SmallEntities2023-05-012024-04-3009015782bus:FullAccounts2023-05-012024-04-30
Company registration number:
09015782
Lacteal Services Ltd
Unaudited Filleted Financial Statements for the period ended
30 April 2024
Lacteal Services Ltd
Statement of Financial Position
30 April 2024
30 Apr 202430 Apr 2023
Note££
Fixed assets    
Intangible assets 5
18,900
  -  
Tangible assets 6
1,695
 
530
 
Investments 7
35,000
 
35,000
 
55,595
 
35,530
 
Current assets    
Debtors 8
100,917
 
66,481
 
Cash at bank and in hand
121,802
 
132,025
 
222,719
 
198,506
 
Creditors: amounts falling due within one year 9
(54,164
)
(28,216
)
Net current assets
168,555
 
170,290
 
Total assets less current liabilities 224,150   205,820  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
224,050
 
205,720
 
Shareholders funds
224,150
 
205,820
 
For the period ending
30 April 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
31 January 2025
, and are signed on behalf of the board by:
Mr. A Akoh-Arrey
Director
Company registration number:
09015782
Lacteal Services Ltd
Notes to the Financial Statements
Period ended
30 April 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House
,
14 Ack Lane East
,
Bramhall
,
Stockport
,
SK7 2BY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% straight line
Fixtures and fittings
20% straight line

4 Average number of employees

The average number of persons employed by the company during the period was
1
(2023:
1.00
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 May 2023
2,061
 
Additions
20,000
 
At
30 April 2024
22,061
 
Amortisation  
At
1 May 2023
2,061
 
Charge
1,100
 
At
30 April 2024
3,161
 
Carrying amount  
At
30 April 2024
18,900
 
At 30 April 2023 -  

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2023
9,756
 
Additions
1,830
 
At
30 April 2024
11,586
 
Depreciation  
At
1 May 2023
9,226
 
Charge
665
 
At
30 April 2024
9,891
 
Carrying amount  
At
30 April 2024
1,695
 
At 30 April 2023
530
 

7 Investments

Other investments other than loans
£
Cost  
At
1 May 2023
35,000
 
At
30 April 2024
35,000
 
Impairment  
At
1 May 2023
and
30 April 2024
-  
Carrying amount  
At
30 April 2024
35,000
 
At 30 April 2023
35,000
 

8 Debtors

30 Apr 202430 Apr 2023
££
Other debtors
100,917
 
66,481
 

9 Creditors: amounts falling due within one year

30 Apr 202430 Apr 2023
££
Taxation and social security
54,164
 
28,216