REGISTERED NUMBER: 12302771 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Lolipop Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Ormerod

REGISTERED OFFICE:

19 Donnington Court

Dudley

DY1 2RW

REGISTERED NUMBER:

12302771 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

2,675

950

CURRENT ASSETS

Debtors

5

19,813

9,810

Cash at bank

1,323

37,132

21,136

46,942

CREDITORS

Amounts falling due within one year

6

34,981

32,719

NET CURRENT (LIABILITIES)/ASSETS

(13,845

)

14,223

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,170

)

15,173

CREDITORS

Amounts falling due after more than one year

7

19,004

21,473

NET LIABILITIES

(30,174

)

(6,300

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(30,176

)

(6,302

)

(30,174

)

(6,300

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 30 September 2025 and were signed by:

D Ormerod - Director

1.	STATUTORY INFORMATION

Lolipop 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 presentation currency of the financial statements is the Pound Sterling (£).

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 - 25% on cost

Fixtures and fittings - 25% on cost

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.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholder will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2023

787

886

1,673

Additions

2,360

-

2,360

At 30 November 2024

3,147

886

4,033

DEPRECIATION

At 1 December 2023

415

221

636

Charge for year

308

414

722

At 30 November 2024

723

635

1,358

NET BOOK VALUE

At 30 November 2024

2,424

251

2,675

At 30 November 2023

372

665

1,037

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

10

8,760

Other debtors

4,969

-

Directors' loan accounts

14,723

-

Prepayments and accrued income

111

1,050

19,813

9,810

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

4,370

3,838

Trade creditors

4,183

523

Tax

1,995

7,836

Social security and other taxes

3,416

2,011

VAT

19,815

17,311

Directors' current accounts

-

101

Accrued expenses

1,202

1,099

34,981

32,719

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans - 2-5 years

19,004

21,473

8.	RELATED PARTY DISCLOSURES

At the year end the balance of £14,723 was due from the director to the company.