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Company Registration No. 10005770 (England and Wales)
LILIAN DAVIS GROUP LIMITED Unaudited accounts for the year ended 29 February 2024
LILIAN DAVIS GROUP LIMITED Unaudited accounts Contents
Page
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LILIAN DAVIS GROUP LIMITED Company Information for the year ended 29 February 2024
Directors
Lionel J Grant Donna M Cole-Grant
Company Number
10005770 (England and Wales)
Registered Office
43 SUTHERLAND HOUSE SUTHERLAND ROAD LONDON E17 6BU UNITED KINGDOM
Accountants
TLC Accounting Ltd 53 Tupwood Lane Caterham Surrey CR3 6DB
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of LILIAN DAVIS GROUP LIMITED for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LILIAN DAVIS GROUP LIMITED for the year ended 29 February 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of LILIAN DAVIS GROUP LIMITED, as a body, in accordance with the terms of our engagement letter dated 23 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of LILIAN DAVIS GROUP LIMITED and state those matters that we have agreed to state to the Board of Directors of LILIAN DAVIS GROUP LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LILIAN DAVIS GROUP LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that LILIAN DAVIS GROUP LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of LILIAN DAVIS GROUP LIMITED. You consider that LILIAN DAVIS GROUP 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 accounts of LILIAN DAVIS GROUP 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 accounts.
TLC Accounting Ltd Chartered Certified Accountants 53 Tupwood Lane Caterham Surrey CR3 6DB 11 February 2025
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LILIAN DAVIS GROUP LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,669 
12,499 
Current assets
Debtors
353,859 
421,618 
Cash at bank and in hand
2,711 
16,514 
356,570 
438,132 
Creditors: amounts falling due within one year
(167,141)
(254,756)
Net current assets
189,429 
183,376 
Total assets less current liabilities
222,098 
195,875 
Creditors: amounts falling due after more than one year
(209,568)
(192,710)
Net assets
12,530 
3,165 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
(3,343)
(3,343)
Profit and loss account
15,773 
6,408 
Shareholders' funds
12,530 
3,165 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Lionel J Grant Director Company Registration No. 10005770
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LILIAN DAVIS GROUP LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
LILIAN DAVIS GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10005770. The registered office is 43 SUTHERLAND HOUSE, SUTHERLAND ROAD, LONDON, E17 6BU, UNITED KINGDOM.
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 on a reducing balance basis.
Plant & machinery
Depreciated on 18% reducing balance basis
Motor vehicles
Depreciated on 18% reducing balance basis
Fixtures & fittings
Depreciated on 18% reducing balance basis
Computer equipment
Depreciated on 18% reducing balance basis
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
10,115 
6,595 
10,649 
27,359 
Additions
27,341 
- 
- 
27,341 
At 29 February 2024
37,456 
6,595 
10,649 
54,700 
Depreciation
At 1 March 2023
6,717 
3,002 
5,141 
14,860 
Charge for the year
5,533 
647 
991 
7,171 
At 29 February 2024
12,250 
3,649 
6,132 
22,031 
Net book value
At 29 February 2024
25,206 
2,946 
4,517 
32,669 
At 28 February 2023
3,398 
3,593 
5,508 
12,499 
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LILIAN DAVIS GROUP LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
254,476 
329,848 
Accrued income and prepayments
35,743 
27,630 
Other debtors
63,640 
64,140 
353,859 
421,618 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
55,179 
51,097 
Taxes and social security
23,034 
87,512 
Other creditors
88,928 
104,106 
Accruals
- 
12,041 
167,141 
254,756 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
73,873 
59,987 
Loans from directors
135,695 
132,723 
209,568 
192,710 
For the year ended Feb 2024, the company recorded a long term loan of £209,568 of which £135,000 is long term loan made from the directors to the company. The Directors have no intension of recouping this loan in the near future.
8
Average number of employees
During the year the average number of employees was 40 (2023: 53).
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