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LOAF PLUS LIMITED

Registered Number
12150257
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

LOAF PLUS LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

GAY, Gary Alvin
MILLER, Jacqueline
MILLER, Thomas Frederick John

Registered Address

45 High Street
Sherington
Newport Pagnell
MK16 9NU

Registered Number

12150257 (England and Wales)
LOAF PLUS LIMITED
Statement of Financial Position
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets339,45453,714
39,45453,714
Current assets
Debtors42,85735,946
Cash at bank and on hand-2,602
2,85738,548
Creditors amounts falling due within one year5(286,807)(270,229)
Net current assets (liabilities)(283,950)(231,681)
Total assets less current liabilities(244,496)(177,967)
Net assets(244,496)(177,967)
Capital and reserves
Called up share capital100100
Profit and loss account(244,596)(178,067)
Shareholders' funds(244,496)(177,967)
The financial statements were approved and authorised for issue by the Board of Directors on 10 April 2025, and are signed on its behalf by:
MILLER, Thomas Frederick John
Director
Registered Company No. 12150257
LOAF PLUS LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Fixtures and fittings25
Office Equipment25
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year14
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 January 2471,04520771,252
At 31 December 2471,04520771,252
Depreciation and impairment
At 01 January 2417,5162217,538
Charge for year14,2095114,260
At 31 December 2431,7257331,798
Net book value
At 31 December 2439,32013439,454
At 31 December 2353,52918553,714
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,156-
Other debtors1,70135,663
Prepayments and accrued income-283
Total2,85735,946
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,7777,367
Bank borrowings and overdrafts25-
Taxation and social security-976
Other creditors278,595257,308
Accrued liabilities and deferred income6,4104,578
Total286,807270,229
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.