1 June 2023 false No description of principal activity Taxfiler 2024.6.1 true 11365991business:PrivateLimitedCompanyLtd2023-06-012024-05-31 113659912023-05-31 113659912023-06-012024-05-31 11365991business:AuditExemptWithAccountantsReport2023-06-012024-05-31 11365991business:FilletedAccounts2023-06-012024-05-31 113659912024-05-31 11365991business:Director12023-06-012024-05-31 11365991business:RegisteredOffice2023-06-012024-05-31 113659912023-05-31 11365991core:WithinOneYear2024-05-31 11365991core:WithinOneYear2023-05-31 11365991core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 11365991core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 11365991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 11365991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 11365991core:PreviouslyStatedAmount2024-05-31 11365991core:PreviouslyStatedAmount2023-05-31 11365991business:SmallEntities2023-06-012024-05-31 11365991countries:EnglandWales2023-06-012024-05-31 11365991core:FurnitureFittings2023-06-012024-05-31 11365991core:ComputerEquipment2023-06-012024-05-31 11365991core:Goodwill2023-05-31 11365991core:Goodwill2024-05-31 11365991core:FurnitureFittings2023-05-31 11365991core:ComputerEquipment2023-05-31 11365991core:FurnitureFittings2024-05-31 11365991core:ComputerEquipment2024-05-31 11365991core:WithinOneYear2023-06-012024-05-31 113659912022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11365991 (England and Wales)
Lauren Aston Designs Limited Unaudited accounts for the year ended 31 May 2024
Lauren Aston Designs Limited Unaudited accounts Contents
Page
- 2 -
Lauren Aston Designs Limited Company Information for the year ended 31 May 2024
Director
Lauren Aston
Company Number
11365991 (England and Wales)
Registered Office
27 COMMERCIAL ROAD EXETER EX2 4AE ENGLAND
Accountants
Adder Bookkeeping Ltd Unit 20 Craycombe Farm Evesham Road Fladbury Worcestershire WR10 2QS
- 3 -
Lauren Aston Designs Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,939 
1,637 
Current assets
Inventories
25,806 
41,991 
Debtors
9,746 
23,118 
Cash at bank and in hand
137,394 
137,324 
172,946 
202,433 
Creditors: amounts falling due within one year
(45,991)
(38,453)
Net current assets
126,955 
163,980 
Net assets
128,894 
165,617 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
128,794 
165,517 
Shareholders' funds
128,894 
165,617 
For the year ending 31 May 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 6 February 2025 and were signed on its behalf by
Lauren Aston Director Company Registration No. 11365991
- 4 -
Lauren Aston Designs Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Lauren Aston Designs Limited is a private company, limited by shares, registered in England and Wales, registration number 11365991. The registered office is 27 COMMERCIAL ROAD, EXETER, EX2 4AE, 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.
Going concern
The director believes the company continues to experience good levels of sales and it well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, she continues to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation on a 4 year straight line basis.
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:
Fixtures & fittings
4 years straight line
Computer equipment
4 years straight line
- 5 -
Lauren Aston Designs Limited Notes to the Accounts for the year ended 31 May 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
12,000 
At 31 May 2024
12,000 
Amortisation
At 1 June 2023
12,000 
At 31 May 2024
12,000 
Net book value
At 31 May 2024
- 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
1,627 
1,666 
3,293 
Additions
579 
922 
1,501 
At 31 May 2024
2,206 
2,588 
4,794 
Depreciation
At 1 June 2023
407 
1,249 
1,656 
Charge for the year
552 
647 
1,199 
At 31 May 2024
959 
1,896 
2,855 
Net book value
At 31 May 2024
1,247 
692 
1,939 
At 31 May 2023
1,220 
417 
1,637 
6
Inventories
2024 
2023 
£ 
£ 
Raw materials
25,806 
41,991 
25,806 
41,991 
Stocks are valued at the lower of cost and net realisable value.
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
7,252 
Accrued income and prepayments
1,770 
4,753 
Other debtors
7,976 
11,113 
9,746 
23,118 
- 6 -
Lauren Aston Designs Limited Notes to the Accounts for the year ended 31 May 2024
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
95 
- 
Trade creditors
1,049 
8,643 
Taxes and social security
- 
1,487 
Other creditors
87 
- 
Loans from directors
43,359 
28,323 
Accruals
1,401 
- 
45,991 
38,453 
The director's loan from Lauren Aston to Lauren Aston Designs Limited is interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 3 (2023: 1).
- 7 -