LACE LABS SHOELACES LLP

Company Registration Number
NC001765
(Northern Ireland)

Dormant Company Micro-Entity Accounts

For the 12 Month Period Ended 31 January 2025

This company was dormant throughout the accounting period

Prepared in accordance with the micro-entity provisions
of the Companies Act 2006 and FRS 105

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LACE LABS SHOELACES LLP

Contents

Dormant Company Statement 3
Balance Sheet 4
Statement of Compliance 5
Notes to the Financial Statements 6-7
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LACE LABS SHOELACES LLP

Dormant Company Statement

For the 12 months ended 31 January 2025, the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' Statement

The directors confirm that:

Definition of Dormant Company
A company is dormant during a period in which no significant accounting transactions occur. For this purpose, the following are not regarded as significant accounting transactions:

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LACE LABS SHOELACES LLP

Balance sheet

As at 31 January 2025

2025
£
Current assets 5,800
Creditors: amounts falling due within one year 0
Net current assets (liabilities) 5,800
Total assets less current liabilities 5,800
Creditors: amounts falling due after more than one year (3,000)
 
Total net assets (liabilities) 2,800
 
Capital and reserves 2,800
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LACE LABS SHOELACES LLP

Balance sheet continued

For the period ending 31 January 2025 the LLP was entitled to exemption under section 480 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

Members' responsibilities:

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Members and authorised for issue on 24 November 2025.

other
Member

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LACE LABS SHOELACES LLP

Notes to the Financial Statements

for the 12 Month Period Ended 31 January 2025

1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

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LACE LABS SHOELACES LLP

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

This is the company's first period of trading. As permitted by the Small Companies (Micro-Entities' Accounts) Regulations 2013, no comparative figures are presented.

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