Company Registration No. 15176506 (England and Wales)
GILDING THE LILY LIMITED
Unaudited accounts
for the year ended 30 September 2025
GILDING THE LILY LIMITED
Unaudited accounts
Contents
GILDING THE LILY LIMITED
Company Information
for the year ended 30 September 2025
Directors
Isaac William Kingsland Shepherd
Edward Charles Kingsland Shepherd
Company Number
15176506 (England and Wales)
Registered Office
20 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
GILDING THE LILY LIMITED
Statement of financial position
as at 30 September 2025
Cash at bank and in hand
196,875
-
Creditors: amounts falling due within one year
(1,966,352)
3
Net current (liabilities)/assets
(1,544,571)
3
Total assets less current liabilities
(1,454,640)
3
Creditors: amounts falling due after more than one year
(188,838)
-
Net (liabilities)/assets
(1,643,478)
3
Called up share capital
3
3
Profit and loss account
(1,643,481)
-
Shareholders' funds
(1,643,478)
3
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by
Edward Charles Kingsland Shepherd
Director
Company Registration No. 15176506
GILDING THE LILY LIMITED
Notes to the Accounts
for the year ended 30 September 2025
GILDING THE LILY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15176506. The registered office is 20 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
These financial statements for the year ended 30 September 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
GILDING THE LILY LIMITED
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings
At 30 September 2025
89,931
At 30 September 2025
89,931
Amounts falling due within one year
Accrued income and prepayments
4,570
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
472,037
-
Trade creditors
1,338,376
-
Amounts owed to group undertakings and other participating interests
26,692
-
Loans from directors
128,997
(3)
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).