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Company Registration No. 04955706 (England and Wales)
Ladesmunic Ltd Unaudited accounts for the year ended 30 November 2024
Ladesmunic Ltd Unaudited accounts Contents
Page
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Ladesmunic Ltd Company Information for the year ended 30 November 2024
Director
COKER, Olumuyiwa Adegoke
Company Number
04955706 (England and Wales)
Registered Office
61 Bridge Street Bridge Street Kington HR5 3DJ United Kingdom
Accountants
Ease Accounting Associates UK Limited Chartered Accountants Base Point Dartford Business Park 54 Victoria Road DARTFORD Kent DA1 5FS
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Ladesmunic Ltd for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ladesmunic Ltd for the year ended 30 November 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Ladesmunic Ltd, as a body, in accordance with the terms of our engagement letter dated 1 June 2025. Our work has been undertaken solely to prepare for your approval the accounts of Ladesmunic Ltd and state those matters that we have agreed to state to the Board of Directors of Ladesmunic Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ladesmunic Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ladesmunic Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ladesmunic Ltd. You consider that Ladesmunic Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ladesmunic Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ease Accounting Associates UK Limited Chartered Accountants Chartered Accountants Base Point Dartford Business Park 54 Victoria Road DARTFORD Kent DA1 5FS 23 June 2025
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Ladesmunic Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
527 
50 
Current assets
Debtors
695 
23 
Cash at bank and in hand
148 
1,227 
843 
1,250 
Creditors: amounts falling due within one year
(10,832)
(12,477)
Net current liabilities
(9,989)
(11,227)
Net liabilities
(9,462)
(11,177)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(10,462)
(12,177)
Shareholders' funds
(9,462)
(11,177)
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 23 June 2025 and were signed on its behalf by
COKER, Olumuyiwa Adegoke Director Company Registration No. 04955706
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Ladesmunic Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Ladesmunic Ltd is a private company, limited by shares, registered in England and Wales, registration number 04955706. The registered office is 61 Bridge Street Bridge Street, Kington, HR5 3DJ, United Kingdom.
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:
Computer equipment
12.25% Reducing Balance
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Ladesmunic Ltd Notes to the Accounts for the year ended 30 November 2024
Going concern
The financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As at 30 November 2024, the company had net liabilities of £9,462. This condition does not indicates the existence of a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern and, therefore, that it may be unable to realize its assets and discharge its liabilities in the normal course of business. However, the directors have obtained assurance from the company's creditors that they will not demand payment of their debts for at least twelve months from the 30 November 2024. The directors believe that this support provides a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future, thus justifying the use of the going concern basis in the preparation of the financial statements. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or to the amounts and classification of liabilities that might be necessary should the company be unable to continue as a going concern. The directors continue to adopt the going concern basis of accounting in preparing the annual financial statements in accordance with Section 1A of Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (FRS 102).
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
50 
Additions
551 
At 30 November 2024
601 
Depreciation
Charge for the year
74 
At 30 November 2024
74 
Net book value
At 30 November 2024
527 
At 30 November 2023
50 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
668 
23 
Accrued income and prepayments
27 
- 
695 
23 
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Ladesmunic Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
10,832 
12,477 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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