Company Registration No. 13392144 (England and Wales)
LY VIDEO LTD
Unaudited accounts
for the year ended 31 May 2025
LY VIDEO LTD
Unaudited accounts
Contents
LY VIDEO LTD
Company Information
for the year ended 31 May 2025
Company Number
13392144 (England and Wales)
Registered Office
34 LEE VIEW
WHITLEY
GOOLE
DN14 0FH
ENGLAND
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
LY VIDEO LTD
Statement of financial position
as at 31 May 2025
Tangible assets
6,820
8,524
Cash at bank and in hand
5,557
8,694
Creditors: amounts falling due within one year
(6,904)
(8,209)
Net current assets
103
1,535
Called up share capital
1
1
Profit and loss account
6,922
10,058
Shareholders' funds
6,923
10,059
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 September 2025 and were signed on its behalf by
Mrs Laura Yoxall
Director
Company Registration No. 13392144
LY VIDEO LTD
Notes to the Accounts
for the year ended 31 May 2025
LY VIDEO LTD is a private company, limited by shares, registered in England and Wales, registration number 13392144. The registered office is 34 LEE VIEW, WHITLEY, GOOLE, DN14 0FH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2024
5,782
3,428
9,210
At 31 May 2025
5,782
3,428
9,210
Charge for the year
1,156
548
1,704
At 31 May 2025
1,156
1,234
2,390
At 31 May 2025
4,626
2,194
6,820
At 31 May 2024
5,782
2,742
8,524
Amounts falling due within one year
LY VIDEO LTD
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,916
1,634
Loans from directors
598
6,190
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).