1 May 2023 false No description of principal activity Taxfiler 2024.6 true 08497311business:PrivateLimitedCompanyLtd2023-05-012024-04-30 084973112023-04-30 084973112023-05-012024-04-30 08497311business:AuditExemptWithAccountantsReport2023-05-012024-04-30 08497311business:FilletedAccounts2023-05-012024-04-30 084973112024-04-30 08497311business:Director12023-05-012024-04-30 08497311business:RegisteredOffice2023-05-012024-04-30 084973112023-04-30 08497311core:WithinOneYear2024-04-30 08497311core:WithinOneYear2023-04-30 08497311core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 08497311core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 08497311core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 08497311core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 08497311core:PreviouslyStatedAmount2024-04-30 08497311core:PreviouslyStatedAmount2023-04-30 08497311business:SmallEntities2023-05-012024-04-30 08497311countries:EnglandWales2023-05-012024-04-30 08497311core:PlantMachinery2023-05-012024-04-30 08497311core:PlantMachinery2023-04-30 08497311core:PlantMachinery2024-04-30 084973112022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 08497311 (England and Wales)
Laurels Florists Limited Unaudited accounts for the year ended 30 April 2024
Laurels Florists Limited Unaudited accounts Contents
Page
- 2 -
Laurels Florists Limited Company Information for the year ended 30 April 2024
Director
Natasha Taylor Preston
Company Number
08497311 (England and Wales)
Registered Office
75 St. Philip Street London SW8 3SS
Accountants
MIB Accountants Limited Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
- 3 -
Laurels Florists Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,223 
1,529 
Current assets
Cash at bank and in hand
4,503 
3,592 
Creditors: amounts falling due within one year
(76,703)
(90,372)
Net current liabilities
(72,200)
(86,780)
Net liabilities
(70,977)
(85,251)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(70,978)
(85,252)
Shareholders' funds
(70,977)
(85,251)
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 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 26 January 2025 and were signed on its behalf by
Natasha Taylor Preston Director Company Registration No. 08497311
- 4 -
Laurels Florists Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Laurels Florists Limited is a private company, limited by shares, registered in England and Wales, registration number 08497311. The registered office is 75 St. Philip Street, London, SW8 3SS.
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.
Going concern
The company has net liabilities of £85,251 at the year end, including £52,076 due to the director. The director believes that the company will be able to continue in business and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements. On this basis, the director considers it appropriate for the accounts to be prepared on a going concern basis.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoice sales of goods.
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
20% reducing balance
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company?s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Laurels Florists Limited Notes to the Accounts for the year ended 30 April 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
15,156 
At 30 April 2024
15,156 
Depreciation
At 1 May 2023
13,627 
Charge for the year
306 
At 30 April 2024
13,933 
Net book value
At 30 April 2024
1,223 
At 30 April 2023
1,529 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,645 
1,419 
Other creditors
36,942 
36,877 
Loans from directors
35,116 
52,076 
76,703 
90,372 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -