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REGISTERED NUMBER: 11851916 (England and Wales)















Unaudited Financial Statements for the Year Ended 27th February 2024

for

Loft Canterbury Limited

Loft Canterbury Limited (Registered number: 11851916)






Contents of the Financial Statements
for the Year Ended 27th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Loft Canterbury Limited

Company Information
for the Year Ended 27th February 2024







DIRECTOR: Miss A J Long





SECRETARY:





REGISTERED OFFICE: 5-6 St. Margaret'S Street
Canterbury
Kent
CT1 2TP





REGISTERED NUMBER: 11851916 (England and Wales)





ACCOUNTANTS: Richmond Barnes Limited
Bayspace
153 Mortimer Street
Herne Bay
Kent
CT6 5HA

Loft Canterbury Limited (Registered number: 11851916)

Balance Sheet
27th February 2024

27.2.24 27.2.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,679 6,950

CURRENT ASSETS
Debtors 5 135,099 150,934
Cash at bank and in hand 45,915 (2,027 )
181,014 148,907
CREDITORS
Amounts falling due within one year 6 162,886 127,184
NET CURRENT ASSETS 18,128 21,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,807

28,673

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,707 28,573
23,807 28,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st August 2025 and were signed by:





Miss A J Long - Director


Loft Canterbury Limited (Registered number: 11851916)

Notes to the Financial Statements
for the Year Ended 27th February 2024

1. STATUTORY INFORMATION

Loft Canterbury Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

Loft Canterbury Limited (Registered number: 11851916)

Notes to the Financial Statements - continued
for the Year Ended 27th February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 28th February 2023 12,106
Additions 623
At 27th February 2024 12,729
DEPRECIATION
At 28th February 2023 5,156
Charge for year 1,894
At 27th February 2024 7,050
NET BOOK VALUE
At 27th February 2024 5,679
At 27th February 2023 6,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Amounts owed by group undertakings 132,723 150,934
Other debtors 2,376 -
135,099 150,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Bank loans and overdrafts 14,791 14,894
Trade creditors 41,058 50,415
Amounts owed to group undertakings 14,799 5,850
Taxation and social security 88,567 48,901
Other creditors 3,671 7,124
162,886 127,184