LEMON PLAICE (AXMINSTER) LIMITED

Company Registration Number:
09160728 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

LEMON PLAICE (AXMINSTER) LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

LEMON PLAICE (AXMINSTER) LIMITED

Balance sheet

As at 30 November 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 50,981 61,177
Tangible assets: 4 16,368 18,422
Investments:   0 0
Total fixed assets: 67,349 79,599
Current assets
Stocks: 4,300 4,250
Debtors:   7,150 12,487
Cash at bank and in hand: 566 2,588
Investments:     0
Total current assets: 12,016 19,325
Creditors: amounts falling due within one year: 5 (246,275) (149,751)
Net current assets (liabilities): (234,259) (130,426)
Total assets less current liabilities: (166,910) (50,827)
Creditors: amounts falling due after more than one year: 6 (28,556) (45,423)
Provision for liabilities: 0 0
Total net assets (liabilities): (195,466) (96,250)
Capital and reserves
Called up share capital: 3 3
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (195,469) (96,253)
Shareholders funds: (195,466) (96,250)

The notes form part of these financial statements

LEMON PLAICE (AXMINSTER) LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 October 2025
and signed on behalf of the board by:

Name: Ann Tarratt
Status: Director

The notes form part of these financial statements

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write each asset over its estimated useful life: Improvements to property - 15% on reducing balance Plant and machinery - 25% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 25% on reducing balance

Intangible fixed assets and amortisation policy

The economic life of the goodwill acquired on 1st December 2015 was reviewed and extended to 30 November 2029 following the director's review at the end of November 2020. The annual provision was reassessed with a remaining life of ten years.

Other accounting policies

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 13 13

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Intangible Assets

Total
Cost £
At 01 December 2023 135,000
At 30 November 2024 135,000
Amortisation
At 01 December 2023 73,823
Charge for year 10,196
At 30 November 2024 84,019
Net book value
At 30 November 2024 50,981
At 30 November 2023 61,177

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible Assets

Total
Cost £
At 01 December 2023 43,411
Additions 1,880
At 30 November 2024 45,291
Depreciation
At 01 December 2023 24,989
Charge for year 3,934
At 30 November 2024 28,923
Net book value
At 30 November 2024 16,368
At 30 November 2023 18,422

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

Bank overdrafts and loans 34859 Trade creditors 11327 Funding circle loans 27426 Social security and other taxes 42919 HMRC VAT 112610 Accruals 17134 TOTAL 246275

LEMON PLAICE (AXMINSTER) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due after more than one year note

Bank loans - 1-2 years 6158 Funding circle loan 22398