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REGISTERED NUMBER: 07846440 (England and Wales)









Unaudited Financial Statements

for the Period 1 December 2023 to 31 March 2025

for

THE LAZY TRADER LTD

THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Contents of the Financial Statements
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LAZY TRADER LTD

Company Information
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025







DIRECTOR: R Colville





REGISTERED OFFICE: 3 Southernhay West
Exeter
EX1 1JG





REGISTERED NUMBER: 07846440 (England and Wales)





ACCOUNTANTS: Gravita Western Limited
3 Southernhay West
Exeter
Devon
EX1 1JG

THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Balance Sheet
31 MARCH 2025

2025 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 11,295
Tangible assets 5 - 3,142
- 14,437

CURRENT ASSETS
Debtors 6 3,633 2,589
Cash at bank 2,261 27,191
5,894 29,780
CREDITORS
Amounts falling due within one year 7 (2,938 ) (11,884 )
NET CURRENT ASSETS 2,956 17,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,956

32,333

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,955 32,332
2,956 32,333

THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Balance Sheet - continued
31 MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 18 August 2025 and were signed by:





R Colville - Director


THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Notes to the Financial Statements
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025


1. COMPANY INFORMATION

The Lazy Trader Ltd 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.

The principal activity of the company during the period under review was financial markets education.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
The director has determined that the company is no longer a going concern due to the decision to cease trading and formally wind up the business. As such, it is no longer appropriate to prepare the accounts on a going concern basis. Instead, the financial statements have been prepared on a break-up basis, which reflects the intention to realise assets and settle liabilities in the course of closing down the company’s operations.

Turnover
Turnover represents amounts chargeable in respect of the sale of services to customers.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Cash and cash equivalents
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

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 period 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 period was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Website
costs
£   
COST
At 1 December 2023
and 31 March 2025 15,402
AMORTISATION
At 1 December 2023 4,107
Amortisation for period 11,295
At 31 March 2025 15,402
NET BOOK VALUE
At 31 March 2025 -
At 30 November 2023 11,295

THE LAZY TRADER LTD (REGISTERED NUMBER: 07846440)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2023 1,208 34,651 35,859
Disposals (1,208 ) (34,651 ) (35,859 )
At 31 March 2025 - - -
DEPRECIATION
At 1 December 2023 148 32,569 32,717
Charge for period 398 499 897
Eliminated on disposal (546 ) (33,068 ) (33,614 )
At 31 March 2025 - - -
NET BOOK VALUE
At 31 March 2025 - - -
At 30 November 2023 1,060 2,082 3,142

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade debtors - 2,069
Other debtors - 520
Directors' current accounts 2,404 -
Tax 1,229 -
3,633 2,589

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade creditors - 87
Social security and other taxes (66 ) -
AMEX Platinum card - 392
Directors' current accounts - 7,487
Accruals and deferred income 3,004 3,918
2,938 11,884