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Registered number: 10970388
Lark & Berry Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Aster & Trujillo
3-7 Temple Avenue
Suite 140 Temple Chambers
London
EC4Y 0DA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10970388
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,072 60,129
Investments 5 10 10
46,082 60,139
CURRENT ASSETS
Stocks 6 167,202 257,594
Debtors 7 83,467 77,857
Cash at bank and in hand 44,336 40,283
295,005 375,734
Creditors: Amounts Falling Due Within One Year 8 (5,110,770 ) (5,000,808 )
NET CURRENT ASSETS (LIABILITIES) (4,815,765 ) (4,625,074 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,769,683 ) (4,564,935 )
NET LIABILITIES (4,769,683 ) (4,564,935 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (4,769,684 ) (4,564,936 )
SHAREHOLDERS' FUNDS (4,769,683) (4,564,935)
Page 1
Page 2
For the year ending 31 December 2024 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 her 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
Ms Laura Chavez Campero
Director
30/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lark & Berry Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10970388 . The registered office is 52a George Street, London, UK, W1U 7EA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Leasehold 10% SLM
Plant & Machinery 20% SLM
Computer Equipment 20% SLM
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 118,628 16,251 3,337 138,216
As at 31 December 2024 118,628 16,251 3,337 138,216
Depreciation
As at 1 January 2024 67,426 7,991 2,670 78,087
Provided during the period 11,863 1,660 534 14,057
As at 31 December 2024 79,289 9,651 3,204 92,144
Net Book Value
As at 31 December 2024 39,339 6,600 133 46,072
As at 1 January 2024 51,202 8,260 667 60,129
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 10
As at 31 December 2024 10
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 10
As at 1 January 2024 10
6. Stocks
2024 2023
£ £
Finished goods 167,202 257,594
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,295 5,806
Other debtors 72,172 72,051
83,467 77,857
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 184,634 183,134
Other taxes and social security 10,418 14,333
VAT 5,072 4,169
Accruals and deferred income - 5,376
Director's loan account 4,910,646 4,793,796
5,110,770 5,000,808
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5