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REGISTERED NUMBER: 06030278 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Liefde Limited

Liefde Limited (Registered number: 06030278)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Liefde Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs K J Cadman
Mr R N Cadman





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY





REGISTERED NUMBER: 06030278 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Liefde Limited (Registered number: 06030278)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200 568
Investment property 5 970,677 970,677
970,877 971,245

CURRENT ASSETS
Debtors 6 659 3,430
Cash at bank 11 4,599
670 8,029
CREDITORS
Amounts falling due within one year 7 442,990 730,864
NET CURRENT LIABILITIES (442,320 ) (722,835 )
TOTAL ASSETS LESS CURRENT LIABILITIES 528,557 248,410

CREDITORS
Amounts falling due after more than one year 8 285,624 285,600
NET ASSETS/(LIABILITIES) 242,933 (37,190 )

CAPITAL AND RESERVES
Called up share capital 10 140 140
Share premium 11 1,734 1,734
Retained earnings 11 241,059 (39,064 )
SHAREHOLDERS' FUNDS 242,933 (37,190 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by:




Mrs K J Cadman - Director


Liefde Limited (Registered number: 06030278)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Liefde 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.
Computer equipment - Straight line over 3 years

Investment property
The investment property is currently being developed and is therefore shown at costs incurred to date.

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.

3. EMPLOYEES AND DIRECTORS

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

Liefde Limited (Registered number: 06030278)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 December 2024 1,238
DEPRECIATION
At 1 January 2024 670
Charge for year 368
At 31 December 2024 1,038
NET BOOK VALUE
At 31 December 2024 200
At 31 December 2023 568

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 970,677
NET BOOK VALUE
At 31 December 2024 970,677
At 31 December 2023 970,677


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 113 -
Deferred tax asset - 2,973
Prepayments 546 457
659 3,430

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 13 11
Amounts owed to group undertakings - 291,569
Other creditors 693 402
Directors' current accounts 441,175 437,826
Accrued expenses 1,109 1,056
442,990 730,864

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans more 5 yr by instal 285,624 285,600

Liefde Limited (Registered number: 06030278)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 285,624 285,600

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 285,624 285,600

The loan is secured by a fixed charge on the investment property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100
40 Ordinary B £1 40 40
140 140

11. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 January 2024 (39,064 ) 1,734 (37,330 )
Profit for the year 280,123 280,123
At 31 December 2024 241,059 1,734 242,793