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Registered number: 14131947
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LOL Capital Limited
Financial statements
Information for filing with the registrar
31 March 2025
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Balance sheet
At 31 March 2025
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Total assets less current liabilities
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1
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Balance sheet (continued)
At 31 March 2025
The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 December 2025.
Company registered number: 14131947
The notes on pages 3 to 5 form part of these financial statements.
2
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Notes to the financial statements
Year ended 31 March 2025
LOL Capital Ltd is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The registered office and principal place of business is 71 Henslowe Road, London, United Kingdom SE22 0AS.
2.Accounting policies
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
Interest income is recognised in profit or loss using the effective interest method.
Investments in associates are measured at cost less accumulated impairment.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
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Associates and joint ventures
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Associates and joint ventures are held at cost less impairment.
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The company has no employees other than the directors, who did not receive any remuneration.
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3
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Notes to the financial statements
Year ended 31 March 2025
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Investments in associates
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Included in investments is a 50% joint holding in Water St Limited and a 25% holding in Venuscare Limited.
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Prepayments and accrued income
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Accruals and deferred income
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Allotted, called up and fully paid
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632,530 (2024 - 632,530) ordinary shares of £1.00 each
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4
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Notes to the financial statements
Year ended 31 March 2025
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Related party transactions
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During the year the company engaged in transactions with its directors. The balance owed by the director at the year end, and is included in other debtors is £10,746 (2024 : £2,228 owed to the directors). The loan is unsecured, interest free and repayable on demand
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5
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