Lucy Victoria Ltd

Lucy Victoria Ltd
Statement of Financial Position
As at 30 April 2025

	2025		2024
	£	£	£	£
Fixed assets		1,250		1,500
Creditors: amount falling due within one year	(829)		(760)
Net current assets		(829)		(760)
Total assets less current liabilities		421		740
Creditors: amount falling due after more than one year		(15,968)		(17,684)
Net assets		(15,547)		(16,944)


Capital and reserves		(15,547)		(16,944)

NOTES TO THE ACCOUNTS

General Information

Lucy Victoria Ltd is a private company, limited by shares, registered in England and Wales, registration number 07397224, registration address 16 CRENDON STREET, HIGH WYCOMBE BUCKINGHAMSHIRE, HP13 6LW.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 May 2024	3,500	3,500
Additions	-	-
Disposals	-	-
At 30 April 2025	3,500	3,500
Amortisation
At 01 May 2024	2,000	2,000
Charge for year	250	250
On disposals	-	-
At 30 April 2025	2,250	2,250
Net book values
At 30 April 2025	1,250	1,250
At 30 April 2024	1,500	1,500

3.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 02 November 2025 and were signed by:

--------------------------------
Lucy Victoria Spear
Director

Registered Number: 07397224
England and Wales
LUCY VICTORIA LTD

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025