LAOTEK LIMITED - Accounts

LAOTEK LIMITED
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

LAOTEK LIMITED Accountants' Report For the year ended 28 February 2025
Report to the directors on the preparation of the unaudited statutory accounts of LAOTEK LIMITED year ended 28 February 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LAOTEK LIMITED for the year ended 28 February 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. This report is made solely to the Directors of LAOTEK LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of LAOTEK LIMITED To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LAOTEK LIMITED and its Directors as a body for our work or for this report. It is your duty to ensure that LAOTEK LIMITED 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 LAOTEK LIMITED. You consider that LAOTEK LIMITED is exempt from the statutory audit requirement for the year ended 28 February 2025. We have not been instructed to carry out an audit or a review of the accounts of LAOTEK LIMITED. 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. .................................................... LIGHTHALL CONSULT LTD UNIT 128 FIRST FLOOR 415 HIGH STREET LONDON E15 4QZ 20 June 2025 1

LAOTEK LIMITED
Accountants' Report
For the year ended 28 February 2025

Report to the directors on the preparation of the unaudited statutory accounts of LAOTEK LIMITED year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LAOTEK LIMITED for the year ended 28 February 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Directors of LAOTEK LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of LAOTEK LIMITED

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LAOTEK LIMITED and its Directors as a body for our work or for this report.

It is your duty to ensure that LAOTEK LIMITED 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 LAOTEK LIMITED.

You consider that LAOTEK LIMITED is exempt from the statutory audit requirement for the year ended 28 February 2025. We have not been instructed to carry out an audit or a review of the accounts of LAOTEK LIMITED. 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.

....................................................
LIGHTHALL CONSULT LTD
UNIT 128 FIRST FLOOR
415 HIGH STREET
LONDON
E15 4QZ
20 June 2025

1

LAOTEK LIMITED
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Current assets
Cash at bank and in hand		44,843	77,076
Creditors: amount falling due within one year		(17,119)	(27,706)
Net current assets		27,724	49,370

Total assets less current liabilities		27,724	49,370
Net assets		27,724	49,370

Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		26,724	48,370
Shareholders' funds		27,724	49,370

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 June 2025 and were signed on its behalf by:

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BABAJIDE OKE
Director

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EMILY OKE
Director

2

LAOTEK LIMITED
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

LAOTEK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06188845, registration address 5 WEIRBROOK, RAYLEIGH , ESSEX, SS6 7GX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

The Turnover represents the amount derived from the principal activity of the company which is the provision of hardware consultancy services.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation was provided for and was charged on the profit realised by the company as the company qualifies as a small company

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

4 Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 March 2024	879	879
Additions	-	-
Disposals	(879)	(879)
At 28 February 2025	-	-
Depreciation
At 01 March 2024	879	879
Charge for year	-	-
On disposals	(879)	(879)
At 28 February 2025	-	-
Net book values
Closing balance as at 28 February 2025	-	-
Opening balance as at 01 March 2024	-	-

4.

Share Capital

Authorised
1,000 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
1,000 Class A shares of £1.00 each	1,000		1,000
	1,000		1,000

3

Registered Number: 06188845
England and Wales
LAOTEK LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025