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
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
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
LILIAN DAVIS GROUP LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
32,669
12,499
Cash at bank and in hand
2,711
16,514
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)
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
LILIAN DAVIS GROUP LIMITED
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 29 February 2024
25,206
2,946
4,517
32,669
At 28 February 2023
3,398
3,593
5,508
12,499
LILIAN DAVIS GROUP LIMITED
Notes to the Accounts
for the year ended 29 February 2024
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
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
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
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).