Registration number: 09382228

Lilypod Retreats Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Lilypod Retreats Limited

Company Information

Directors

Mrs J S Guyat Mr S K Guyat

Registered office

28 Alexandra Terrace Exmouth Devon EX8 1BD

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Lilypod Retreats Limited

(Registration number: 09382228)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	442	505
Tangible assets	5	117,298	88,922
		117,740	89,427
Current assets
Debtors	6	290	1,417
Cash at bank and in hand		19,574	2,264
		19,864	3,681
Creditors: Amounts falling due within one year	7	(65,943)	(73,212)
Net current liabilities		(46,079)	(69,531)
Total assets less current liabilities		71,661	19,896
Creditors: Amounts falling due after more than one year	7	(127,600)	(65,459)
Net liabilities		(55,939)	(45,563)
Capital and reserves
Called up share capital		100	100
Retained earnings		(56,039)	(45,663)
Shareholders' deficit		(55,939)	(45,563)

Lilypod Retreats Limited

(Registration number: 09382228)
Balance Sheet as at 31 January 2025

For the financial year ending 31 January 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 October 2025 and signed on its behalf by:
 

......................................... Mrs J S Guyat Director

Lilypod Retreats Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The director has acknowledged the negative reserves at the balance sheet date and pledged to continue to support to company so it can meet its obligations as they arise. Therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Lilypod Retreats Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Property, plant and equipment	5% straight line basis
Computer equipment	25% straight line basis
Motor vehicles	20% straight line basis
Fixtures, fittings and equipment	20% straignt line basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website	10% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Lilypod Retreats Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Lilypod Retreats Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Intangible assets

	Website costs £	Total £
Cost or valuation
At 1 February 2024	631	631
At 31 January 2025	631	631
Amortisation
At 1 February 2024	126	126
Amortisation charge	63	63
At 31 January 2025	189	189
Carrying amount
At 31 January 2025	442	442
At 31 January 2024	505	505

5	Tangible assets

	Property, plant and equipment £	Computer equipment £	Motor vehicles  £	Fixtures, fittings and equipment £	Total £
Cost or valuation
At 1 February 2024	91,614	1,667	5,400	6,616	105,297
Additions	32,083	-	-	5,201	37,284
At 31 January 2025	123,697	1,667	5,400	11,817	142,581
Depreciation
At 1 February 2024	7,448	945	5,400	2,582	16,375
Charge for the year	6,184	361	-	2,363	8,908
At 31 January 2025	13,632	1,306	5,400	4,945	25,283
Carrying amount
At 31 January 2025	110,065	361	-	6,872	117,298
At 31 January 2024	84,166	722	-	4,034	88,922

Lilypod Retreats Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Debtors

	2025 £	2024 £
Other debtors	-	1,321
Prepayments and accrued income	290	96
Total current trade and other debtors	290	1,417

7

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	1,800	1,800
Taxation and social security		283	-
Other creditors		59,219	68,862
Accrued expenses		4,641	2,550
		65,943	73,212

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	127,600	65,459

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,800	1,800

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	900	2,759
Other borrowings	126,700	62,700
	127,600	65,459