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Company Registration No. 12855787 (England and Wales)
Love From Lola Limited Unaudited accounts for the year ended 30 September 2024
Love From Lola Limited Unaudited accounts Contents
Page
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Love From Lola Limited Company Information for the year ended 30 September 2024
Directors
James Paul Clifford Stait Lorraine Marion Stait
Company Number
12855787 (England and Wales)
Registered Office
10 PARKSIDE CLOSE EAST HORSLEY LEATHERHEAD KT24 5BY ENGLAND
Accountants
Golding & Co Accounting Services Limited 29 Blackwood Close West Byfleet Surrey KT14 6PP
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Love From Lola Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,454 
5,112 
Tangible assets
186 
900 
4,640 
6,012 
Current assets
Inventories
19,800 
27,900 
Debtors
2,621 
4,816 
Cash at bank and in hand
1,003 
176 
23,424 
32,892 
Creditors: amounts falling due within one year
(61,738)
(55,349)
Net current liabilities
(38,314)
(22,457)
Net liabilities
(33,674)
(16,445)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(33,676)
(16,447)
Shareholders' funds
(33,674)
(16,445)
For the year ending 30 September 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 24 June 2025 and were signed on its behalf by
Lorraine Marion Stait Director Company Registration No. 12855787
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Love From Lola Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Love From Lola Limited is a private company, limited by shares, registered in England and Wales, registration number 12855787. The registered office is 10 PARKSIDE CLOSE, EAST HORSLEY, LEATHERHEAD, KT24 5BY, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
16.67%
Computer equipment
33.33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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Love From Lola Limited Notes to the Accounts for the year ended 30 September 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2023
6,575 
At 30 September 2024
6,575 
Amortisation
At 1 October 2023
1,463 
Charge for the year
658 
At 30 September 2024
2,121 
Net book value
At 30 September 2024
4,454 
At 30 September 2023
5,112 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
1,872 
3,748 
5,620 
At 30 September 2024
1,872 
3,748 
5,620 
Depreciation
At 1 October 2023
1,568 
3,152 
4,720 
Charge for the year
249 
465 
714 
At 30 September 2024
1,817 
3,617 
5,434 
Net book value
At 30 September 2024
55 
131 
186 
At 30 September 2023
304 
596 
900 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,621 
4,816 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
10,616 
- 
Loans from directors
50,222 
54,449 
Accruals
900 
900 
61,738 
55,349 
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Love From Lola Limited Notes to the Accounts for the year ended 30 September 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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