Company Registration No. 10837512 (England and Wales)
LAVENDER PRO LIMITED
Unaudited accounts
for the year ended 30 June 2024
LAVENDER PRO LIMITED
Unaudited accounts
Contents
LAVENDER PRO LIMITED
Company Information
for the year ended 30 June 2024
Company Number
10837512 (England and Wales)
Registered Office
40 Willoughby Road
LONDON
N8 0JG
UNITED KINGDOM
LAVENDER PRO LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
12,508
6,758
Cash at bank and in hand
1,606
28,033
Creditors: amounts falling due within one year
(7,765)
(18,964)
Net current assets
15,302
20,295
Total assets less current liabilities
27,810
27,053
Creditors: amounts falling due after more than one year
(26,920)
(33,386)
Net assets/(liabilities)
890
(6,333)
Called up share capital
12
12
Profit and loss account
878
(6,345)
Shareholders' funds
890
(6,333)
For the year ending 30 June 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 24 March 2025 and were signed on its behalf by
Yeliz Polat
Director
Company Registration No. 10837512
LAVENDER PRO LIMITED
Notes to the Accounts
for the year ended 30 June 2024
LAVENDER PRO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10837512. The registered office is 40 Willoughby Road, LONDON, N8 0JG, 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 over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
LAVENDER PRO LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
10,164
450
2,950
13,564
At 30 June 2024
18,415
450
2,950
21,815
At 1 July 2023
4,298
332
2,176
6,806
Charge for the year
2,322
24
155
2,501
At 30 June 2024
6,620
356
2,331
9,307
At 30 June 2024
11,795
94
619
12,508
At 30 June 2023
5,866
118
774
6,758
Amounts falling due within one year
Accrued income and prepayments
1,430
1,430
Other debtors
16,630
5,905
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,465
6,466
Taxes and social security
-
11,198
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
12 Ordinary shares of £1 each
12
12
LAVENDER PRO LIMITED
Notes to the Accounts
for the year ended 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances and credits
4,416
25,843
30,259
-
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).