Company Registration No. 05442388 (England and Wales)
LAYCRAFT LTD
Unaudited accounts
for the year ended 31 May 2024
LAYCRAFT LTD
Unaudited accounts
Contents
LAYCRAFT LTD
Company Information
for the year ended 31 May 2024
Directors
Mohammud Yousouf Meeajun
Nathalie Meeajun
Oliver Meeajun
Company Number
05442388 (England and Wales)
Registered Office
Laurentian, Purbeck Drive
Shores Road
Woking
Surrey
GU21 4HJ
England
Accountants
EPIC Taxation Services Limited
Audrey House
16-20 Ely Place
London
EC1N 6SN
LAYCRAFT LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
103
2,958
Creditors: amounts falling due within one year
(5,813)
(6,015)
Net current liabilities
(5,710)
(3,057)
Total assets less current liabilities
(5,422)
(2,535)
Creditors: amounts falling due after more than one year
(28,547)
(14,277)
Net liabilities
(33,969)
(16,812)
Called up share capital
100
100
Profit and loss account
(34,069)
(16,912)
Shareholders' funds
(33,969)
(16,812)
For the year ending 31 May 2024 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 30 May 2025 and were signed on its behalf by
Mohammud Yousouf Meeajun
Director
Company Registration No. 05442388
LAYCRAFT LTD
Notes to the Accounts
for the year ended 31 May 2024
LAYCRAFT LTD is a private company, limited by shares, registered in England and Wales, registration number 05442388. The registered office is Laurentian, Purbeck Drive, Shores Road, Woking, Surrey, GU21 4HJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
The estimated life of furniture and fixtures is 5 years
Computer equipment
The estimated life of computer and equipment is 3 years
During the preparation of the financial statements, complete details and supporting documentation which was required to reconcile the difference were not provided and available.
As a result, an adjustment has been recorded under Sundry Expenses to account for the unexplained difference. This treatment has been adopted to present a true and fair view of the financial position of the entity as of 31/05/2024.
We will rectify the discrepancy in the subsequent financial period upon availability of full information.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
4,620
1,537
6,157
At 31 May 2024
4,620
1,537
6,157
At 1 June 2023
4,098
1,537
5,635
Charge for the year
234
-
234
At 31 May 2024
4,332
1,537
5,869
LAYCRAFT LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(208)
(8)
Other creditors
6,021
6,023
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
28,547
14,277
7
Average number of employees
During the year the average number of employees was 0 (2023: 12).