Lollaire Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07899569

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		14,053		838

			14,053		838
CURRENT ASSETS
Debtors	5	570		23,121
Investments	6	60,000		-
Cash at bank and in hand		41,796		108,013

		102,366		131,134
Creditors: Amounts Falling Due Within One Year	7	(10,849 )		(41,974 )

NET CURRENT ASSETS (LIABILITIES)			91,517		89,160

TOTAL ASSETS LESS CURRENT LIABILITIES			105,570		89,998

NET ASSETS			105,570		89,998

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			105,569		89,997

SHAREHOLDERS' FUNDS			105,570		89,998

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Lollaire Ltd.

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Dirk Parker

Director

28th May 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Lollaire Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07899569 . The registered office is 55 Crown Street, Brentwood, Essex, CM14 4BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	10% of cost per year
Computer Equipment	1/3 of cost per year

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Lollaire Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	-	1,257	1,257
Additions	15,146	-	15,146

As at 31 March 2025	15,146	1,257	16,403

Depreciation
As at 1 April 2024	-	419	419
Provided during the period	1,512	419	1,931

As at 31 March 2025	1,512	838	2,350

Net Book Value
As at 31 March 2025	13,634	419	14,053

As at 1 April 2024	-	838	838

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	15,648
VAT recoverable	570	1,473
Amounts owed by associates	-	6,000

	570	23,121

6. Current Asset Investments

	2025	2024
	£	£
Short term deposits	60,000	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	8,294	27,698
Other taxes and social security	434	-
VAT	-	4,608
Accruals and deferred income	1,612	1,133
Director's loan account	509	8,535

	10,849	41,974

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Lollaire Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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