29 February 2024 false No description of principal activity Taxfiler 2024.6 11218801 business:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 11218801 2024-02-28 11218801 2024-02-29 2025-02-28 11218801 business:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 11218801 business:FilletedAccounts 2024-02-29 2025-02-28 11218801 2025-02-28 11218801 business:Director1 2024-02-29 2025-02-28 11218801 business:RegisteredOffice 2024-02-29 2025-02-28 11218801 2024-02-28 11218801 core:WithinOneYear 2025-02-28 11218801 core:WithinOneYear 2024-02-28 11218801 core:AfterOneYear 2025-02-28 11218801 core:AfterOneYear 2024-02-28 11218801 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 11218801 core:ShareCapital core:PreviouslyStatedAmount 2024-02-28 11218801 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 11218801 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-28 11218801 core:PreviouslyStatedAmount 2025-02-28 11218801 core:PreviouslyStatedAmount 2024-02-28 11218801 business:SmallEntities 2024-02-29 2025-02-28 11218801 countries:EnglandWales 2024-02-29 2025-02-28 11218801 core:PlantMachinery 2024-02-29 2025-02-28 11218801 core:IntangibleAssetsOtherThanGoodwill 2024-02-28 11218801 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 11218801 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 2025-02-28 11218801 core:PlantMachinery 2024-02-28 11218801 core:PlantMachinery 2025-02-28 11218801 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11218801 (England and Wales)
LASHINGS WORLD XI LTD Unaudited accounts for the period from 29 February 2024 to 28 February 2025
LASHINGS WORLD XI LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LASHINGS WORLD XI LTD Company Information for the period from 29 February 2024 to 28 February 2025
Director
David Brian Fitzgerald
Company Number
11218801 (England and Wales)
Registered Office
Unit 27 Station Hill Thurston Bury St. Edmunds Suffolk IP31 3QU England
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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LASHINGS WORLD XI LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
118,594
121,174
Tangible assets
5
2,712
2,390
121,306
123,564
Current assets
Inventories
8,500
33,000
Debtors
6
46,740
60,003
55,240
93,003
Creditors: amounts falling due within one year
7
(134,325)
(206,998)
Net current liabilities
(79,085)
(113,995)
Total assets less current liabilities
42,221
9,569
Creditors: amounts falling due after more than one year
8
(63,582)
(33,378)
Net liabilities
(21,361)
(23,809)
Capital and reserves
Called up share capital
200
200
Profit and loss account
(21,561)
(24,009)
Shareholders' funds
(21,361)
(23,809)
For the period ending 28 February 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 his 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 28 February 2025 and were signed on its behalf by
David Brian Fitzgerald Director Company Registration No. 11218801
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LASHINGS WORLD XI LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
LASHINGS WORLD XI LTD is a private company, limited by shares, registered in England and Wales, registration number 11218801. The registered office is Unit 27 Station Hill, Thurston, Bury St. Edmunds, Suffolk, IP31 3QU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% on reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 29 February 2024
129,000
At 28 February 2025
129,000
Amortisation
At 29 February 2024
7,826
Charge for the period
2,580
At 28 February 2025
10,406
Net book value
At 28 February 2025
118,594
At 28 February 2024
121,174
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LASHINGS WORLD XI LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 29 February 2024
6,298
Additions
1,000
At 28 February 2025
7,298
Depreciation
At 29 February 2024
3,908
Charge for the period
678
At 28 February 2025
4,586
Net book value
At 28 February 2025
2,712
At 28 February 2024
2,390
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
42,520
55,795
Accrued income and prepayments
220
208
Other debtors
4,000
4,000
46,740
60,003
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
50,657
27,866
VAT
6,387
17,220
Trade creditors
26,369
5,926
Taxes and social security
5,122
1,168
Other creditors
8,364
44,507
Loans from directors
37,426
89,891
Deferred income
-
20,420
134,325
206,998
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
63,582
33,378
9
Average number of employees
During the period the average number of employees was 1 (2024: 1).
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