Awesome_Lishy_Ltd_31_Mar_2025_companies_house_set_of

Awesome Lishy Ltd

Statement of Financial Position

31 March 2025

		31 Mar 2025		31 Mar 2024
	Note	£		£
Fixed assets
Tangible assets	5	24,930		29,330
Current assets
Debtors	6	7,053		33,362
Cash at bank and in hand		2,998		48,812
		10,051		82,174
Creditors: amounts falling due within one year	7	(34,980	)	(46,987	)
Net current (liabilities)/assets		(24,929	)	35,187
Total assets less current liabilities		1		64,517
Capital and reserves
Called up share capital		1		1
Profit and loss account		-		64,516
Shareholders funds		1		64,517

For the period ending

31 March 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 financial statements for the period in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

financial statements

have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.

These

financial statements

were approved by the board of directors and authorised for issue on

17 November 2025

, and are signed on behalf of the board by:

Mr A Evans

Director

Company registration number:

09496346

Awesome Lishy Ltd

Notes to the Financial Statements

Period ended

31 March 2025

1 General information

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor vehicles

15% Reducing Balance

4 Average number of employees

The average number of persons employed by the company during the period was

(2024:

1.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2024 and 31 March 2025	47,759
Depreciation
At 1 April 2024	18,429
Charge	4,400
At 31 March 2025	22,829
Carrying amount
At 31 March 2025	24,930
At 31 March 2024	29,330

6 Debtors

	31 Mar 2025	31 Mar 2024
	£	£
Trade debtors	-	33,362
Other debtors	7,053	-
	7,053	33,362

7 Creditors: amounts falling due within one year

	31 Mar 2025		31 Mar 2024
	£		£
Taxation and social security	34,980		46,987

8 Director's advances, credit and guarantees

During the financial year Awesome Lishy Ltd made an unsecured, interest free loan to Mr A Evans.. The sum of the loan at the reporting period was £7,053. The loan is repayable on demand and in full.