LAYFE LIMITED


Director	LINDFALK, Thomas Leif


Registered Address	1 Gemini Court
	42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	15659733 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025
		£	£
Current assets
Debtors	4	20,364
Cash at bank and on hand		24,165
		44,529
Creditors amounts falling due within one year	5	(29,079)
Net current assets (liabilities)			15,450
Total assets less current liabilities			15,450
Net assets			15,450
Capital and reserves
Called up share capital			1
Profit and loss account			15,449
Shareholders' funds			15,450

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 December 2025, and are signed on its behalf by:

LINDFALK, Thomas Leif
Director
Registered Company No. 15659733

LAYFE LIMITED

Notes to the Financial Statements
for the period ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	These financial statements have been prepared on a non-going-concern basis due to the cessation of trading on 29th August 2025. As a result, assets have been measured at their net realisable and liabilities have been stated at the amount expected to be settled.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Tangible fixed assets

4.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	18,100
	Other debtors	2,264
	Total	20,364

5.	Creditors: amounts due within one year

		2025
		£
	Bank borrowings and overdrafts	361
	Taxation and social security	21,056
	Accrued liabilities and deferred income	7,662
	Total	29,079

6.	Further information regarding the company's financial position
	The company ceased trading on 29th August 2025. Following the cessation of trade, the company has settled all known liabilities and realised its remaining assets. No further trading activity is anticipated.