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COMPANY REGISTRATION NUMBER: 11134162
Limefold Limited
Filleted Unaudited Financial Statements
31 December 2023
Limefold Limited
Statement of Financial Position
31 December 2023
31 Dec 23
31 Jan 23
Note
£
£
Fixed assets
Investments
4
1
1
Current assets
Debtors
5
2,488,611
5,799,272
Cash at bank and in hand
537,406
1,132,189
------------
------------
3,026,017
6,931,461
Creditors: amounts falling due within one year
6
783,939
1,064,418
------------
------------
Net current assets
2,242,078
5,867,043
------------
------------
Total assets less current liabilities
2,242,079
5,867,044
Creditors: amounts falling due after more than one year
7
2,247,155
5,870,891
------------
------------
Net liabilities
( 5,076)
( 3,847)
------------
------------
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 5,077)
( 3,848)
-------
-------
Shareholders deficit
( 5,076)
( 3,847)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Limefold Limited
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 24 April 2025 , and are signed on behalf of the board by:
Mrs S Friedman
Director
Company registration number: 11134162
Limefold Limited
Notes to the Financial Statements
Period from 1 February 2023 to 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Investments
Shares in group undertakings
£
Cost
At 1 February 2023 and 31 December 2023
1
----
Impairment
At 1 February 2023 and 31 December 2023
----
Carrying amount
At 31 December 2023
1
----
At 31 January 2023
1
----
5. Debtors
31 Dec 23
31 Jan 23
£
£
Other debtors
2,488,611
5,799,272
------------
------------
6. Creditors: amounts falling due within one year
31 Dec 23
31 Jan 23
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
385,582
385,581
Other creditors
398,357
678,837
---------
------------
783,939
1,064,418
---------
------------
7. Creditors: amounts falling due after more than one year
31 Dec 23
31 Jan 23
£
£
Other creditors
2,247,155
5,870,891
------------
------------