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Company Registration No. 14015053 (England and Wales)
Lot Franchise Ltd Unaudited accounts for the year ended 31 March 2025
Lot Franchise Ltd Unaudited accounts Contents
Page
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Lot Franchise Ltd Company Information for the year ended 31 March 2025
Directors
Sacha John Bright Neda Khodaienamin
Company Number
14015053 (England and Wales)
Registered Office
The Townhouse 114-116 Fore Street Hertford SG14 1AJ England
Accountants
Project H Limited Accountants Beadle House Bull Plain Hertford Hertfordshire SG14 1DT
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Lot Franchise Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
130,000 
130,000 
Tangible assets
62,443 
51,423 
192,443 
181,423 
Current assets
Debtors
59,335 
1,500 
Cash at bank and in hand
9,913 
39,204 
69,248 
40,704 
Creditors: amounts falling due within one year
(24,393)
(4,633)
Net current assets
44,855 
36,071 
Total assets less current liabilities
237,298 
217,494 
Provisions for liabilities
Other provisions
(32,500)
(32,500)
Net assets
204,798 
184,994 
Capital and reserves
Called up share capital
246,362 
131,362 
Fair value reserve
97,500 
97,500 
Profit and loss account
(139,064)
(43,868)
Shareholders' funds
204,798 
184,994 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
Sacha John Bright Director Company Registration No. 14015053
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Lot Franchise Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Lot Franchise Ltd is a private company, limited by shares, registered in England and Wales, registration number 14015053. The registered office is The Townhouse, 114-116 Fore Street, Hertford, SG14 1AJ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% Straight line
Fixtures & fittings
20% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Lot Franchise Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
130,000 
At 31 March 2025
130,000 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
130,000 
At 31 March 2024
130,000 
Lot Franchise Ltd operates in the laser hair removal industry, specialising in providing innovative solutions for delivering laser hair removal services directly to clients' homes. Recognizing the lack of regulation, the company has developed systems and processes that adhere to the principles of the Health and Safety Act. By creating a comprehensive framework for safe home-based laser treatments, the company has set a new standard for safety and compliance, which could potentially influence future regulatory guidelines. The company has embarked on several R&D projects to develop ground-breaking solutions that address unique challenges in this emerging market. The company considers this intellectual property right has a fair value of £130,000. This valuation has been determined by the market value, considering the sale or licensing of similar products within the market, which provides a useful benchmark.
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
70,111 
137 
70,248 
Additions
27,726 
300 
28,026 
At 31 March 2025
97,837 
437 
98,274 
Depreciation
At 1 April 2024
18,818 
7 
18,825 
Charge for the year
16,980 
26 
17,006 
At 31 March 2025
35,798 
33 
35,831 
Net book value
At 31 March 2025
62,039 
404 
62,443 
At 31 March 2024
51,293 
130 
51,423 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
527 
- 
Trade debtors
57,090 
1,500 
Accrued income and prepayments
417 
- 
Other debtors
1,301 
- 
59,335 
1,500 
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Lot Franchise Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
12,030 
- 
Taxes and social security
343 
- 
Other creditors
8,371 
984 
Loans from directors
3,649 
3,649 
24,393 
4,633 
8
Provisions for liabilities
£ 
At 1 April 2024
32,500 
At 31 March 2025
32,500 
tax arising from fair valuation of Intellectual Property
9
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
9,644 
Later than one year and not later than five years
- 
26,522 
- 
36,166 
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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