REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
FOR |
LET LOOSE YORKSHIRE LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
FOR |
LET LOOSE YORKSHIRE LIMITED |
LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
LET LOOSE YORKSHIRE LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12 Abbey Road |
GRIMSBY |
DN32 0HL |
BANKERS: |
The Team at Virgin Money |
Sunderland |
SR43 4JB |
LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438) |
BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Allotted, called up and |
fully paid share capital |
Profit and loss account | ( |
) |
( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Let Loose Yorkshire Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Property and Activity equipment | - |
Improvements to property | - |
Fixtures, fittings & equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises of current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is not included on the basis the Company has an obligation to donate any taxable profits to Revive Church. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | TANGIBLE FIXED ASSETS |
Property |
and | Improvements | Fixtures, |
Activity | to | fittings |
equipment | property | & equipment | Totals |
£ | £ | £ | £ |
COST |
Additions |
Disposals | ( |
) | ( |
) |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024 |
4. | TANGIBLE FIXED ASSETS - continued |
The payments toward the post year end installation of the Dome Insulation have been capitalised within Improvements to property and will be depreciated from the date the asset was installed and was brought into use. |
5. | STOCKS |
£ |
Stocks |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
8. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
£ |
Within one year |
9. | RELATED PARTY DISCLOSURES |
Let Loose Yorkshire Limited is the wholly owned subsidiary of Revive Church. |
The total amount due from Let Loose Yorkshire Limited to Revive Church at 31st March 2024 was £534,075. |
10. | ULTIMATE CONTROLLING PARTY |
Ultimate control of the company lies with its parent, Revive Church. |