Company Registration No. 10299926 (England and Wales)
LoyB Ltd
Unaudited accounts
for the year ended 31 July 2025
LoyB Ltd
Unaudited accounts
Contents
LoyB Ltd
Company Information
for the year ended 31 July 2025
Director
Francis Sunday Jolayemi
Company Number
10299926 (England and Wales)
Registered Office
61 Plodder Lane
Farnworth
BL4 0BX
LoyB Ltd
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
49
40
Creditors: amounts falling due within one year
(2,893)
(2,683)
Net current liabilities
(2,844)
(2,643)
Net liabilities
(2,844)
(2,643)
Called up share capital
1
1
Profit and loss account
(2,845)
(2,644)
Shareholders' funds
(2,844)
(2,643)
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 April 2026 and were signed on its behalf by
Francis Sunday Jolayemi
Director
Company Registration No. 10299926
LoyB Ltd
Notes to the Accounts
for the year ended 31 July 2025
LoyB Ltd is a private company, limited by shares, registered in England and Wales, registration number 10299926. The registered office is 61 Plodder Lane, Farnworth, BL4 0BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
2,713
2,353
LoyB Ltd
Notes to the Accounts
for the year ended 31 July 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).