Company No: 06585955 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	3,373		233
		3,373		233
Current assets
Debtors	4	68,701		78,977
Cash at bank and in hand		5,066		8,815
		73,767		87,792
Creditors: amounts falling due within one year	5	( 47,603)		( 49,574)
Net current assets		26,164		38,218
Total assets less current liabilities		29,537		38,451
Creditors: amounts falling due after more than one year	6	( 10,719)		( 10,582)
Net assets		18,818		27,869
Capital and reserves
Called-up share capital		10		10
Profit and loss account		18,808		27,859
Total shareholders' funds		18,818		27,869

For the financial year 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 financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Lanyard Factory Limited (registered number: 06585955) were approved and authorised for issue by the Director on 24 December 2025. They were signed on its behalf by:

Ikram Ellahi Arif Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Lanyard Factory Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

4 - 5 years straight line

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2024	266		266
Additions	3,617		3,617
At 31 March 2025	3,883		3,883
Accumulated depreciation
At 01 April 2024	33		33
Charge for the financial year	477		477
At 31 March 2025	510		510
Net book value
At 31 March 2025	3,373		3,373
At 31 March 2024	233		233

4. Debtors

	2025		2024
	£		£
Trade debtors	5,907		29,904
Other debtors	62,794		49,073
	68,701		78,977

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	18,114		8,085
Trade creditors	13,937		13,470
Taxation and social security	13,191		25,555
Other creditors	2,361		2,464
	47,603		49,574

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	10,719		10,582

There are no amounts included above in respect of which any security has been given by the small entity.

7. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts Advanced	78,123		81,203
Amounts Repaid	(64,407)		(56,926)

The above advances and credits to a director subsisted during the year ended 31 March 2025 and the year ended 31 March 2024.
The loan to the director is repayable on demand. Interest is charged on all loans at the official rate of interest set by HMRC.