Company registration number: 13852379
Unaudited financial statements
for the year ended 31 January 2025
for
Lime Flooring Ltd
Pages for filing with the Registrar
Company registration number: 13852379
Lime Flooring Ltd
Balance sheet
as at 31 January 2025
31 Jan 25 31 Jan 24
Note £ £ £ £
Fixed assets
Tangible assets 4 21,267 19,126
21,267 19,126
Current assets
Debtors 44,158 48,595
Cash at bank and in hand 86,109 96,429
130,267 145,024
Creditors: amounts falling due within one
year
(90,210) (100,340)
Net current assets 40,057 44,684
Total assets less current liabilities 61,324 63,810
NET ASSETS 61,324 63,810
Capital and reserves
Called up share capital 5 5
Profit and loss account 61,319 63,805
TOTAL EQUITY 61,324 63,810
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13852379
Lime Flooring Ltd
Balance sheet - continued
as at 31 January 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 8 May 2025 and signed on its behalf by:
Mr G Aspeling, Director
8 May 2025
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Lime Flooring Ltd
Notes to the financial statements
for the year ended 31 January 2025
1 Company information
Lime Flooring Ltd is a private company registered in England and Wales. Its registered number is 13852379. The company is limited by shares. Its registered office is Lytchett House, 13 Freeland Park, Poole, Dorset, BH16 6FA.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and equipment - 10% straight line
Computer equipment - 25% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, 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.
3
Lime Flooring Ltd
Notes to the financial statements - continued
for the year ended 31 January 2025
3 Average number of employees
During the year the average number of employees was 5 (2024 - 5).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 February 2024 23,436
Additions 6,099
At 31 January 2025 29,535
Depreciation
At 1 February 2024 4,310
Charge for year 3,958
At 31 January 2025 8,268
Net book value
At 31 January 2025 21,267
At 31 January 2024 19,126
5 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 January 2025 and 31 January 2024.
31 Jan 25 31 Jan 24
£ £
Doug Aspeling
Balance outstanding at start of year (645) -
Amounts advanced 51,814 -
Amounts repaid (52,700) (645)
Balance outstanding at end of year (1,531) (645)
31 Jan 25 31 Jan 24
£ £
Oscar Aspeling
Balance outstanding at start of year (645) -
Amounts advanced 51,814 -
Amounts repaid (52,700) (645)
Balance outstanding at end of year (1,531) (645)
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Lime Flooring Ltd
Notes to the financial statements - continued
for the year ended 31 January 2025
5 Advances, credit and guarantees granted to directors - continued
31 Jan 25 31 Jan 24
£ £
Fraser Aspeling
Balance outstanding at start of year (645) -
Amounts advanced 51,814 -
Amounts repaid (52,700) (645)
Balance outstanding at end of year (1,531) (645)
31 Jan 25 31 Jan 24
£ £
Erik Aspeling-Louw
Balance outstanding at start of year (645) -
Amounts advanced 51,814 -
Amounts repaid (52,700) (645)
Balance outstanding at end of year (1,531) (645)
31 Jan 25 31 Jan 24
£ £
Greg Aspeling
Balance outstanding at start of year (645) -
Amounts advanced 51,814 -
Amounts repaid (52,700) (645)
Balance outstanding at end of year (1,531) (645)
6 Dividends
During the year the company declared dividends of £204,500 (2024: £212,300)
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