REGISTERED NUMBER: 10409661 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LISA PAUNOVITCH DESIGN LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L Paunovitch

REGISTERED OFFICE:

The Tower

Daltongate Business Centre

Ulverston

Cumbria

LA12 7AJ

REGISTERED NUMBER:

10409661 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

FIXED ASSETS

Tangible assets

4

1,334

1,772

CURRENT ASSETS

Debtors

-

8,749

CREDITORS

Amounts falling due within one year

9,309

8,433

NET CURRENT (LIABILITIES)/ASSETS

(9,309

)

316

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,975

)

2,088

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

(7,976

)

2,087

SHAREHOLDERS' FUNDS

(7,975

)

2,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

Mrs L Paunovitch - Director

1.	STATUTORY INFORMATION

Lisa Paunovitch Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Computer equipment

-

33% on cost

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

6,867

Additions

658

Disposals

(595

)

At 31 December 2025

6,930

DEPRECIATION

At 1 January 2025

5,095

Charge for year

1,095

Eliminated on disposal

(594

)

At 31 December 2025

5,596

NET BOOK VALUE

At 31 December 2025

1,334

At 31 December 2024

1,772

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

Ordinary

£1

1

1

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mrs L Paunovitch

Balance outstanding at start of year

6,110

13,340

Amounts advanced

-

6,110

Amounts repaid

(6,110

)

(13,340

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

6,110

7.	RELATED PARTY DISCLOSURES

During the year Mrs L Paunovitch, the director & beneficial owner, had on an interest-free basis advanced £2,849 (2024: £NIL) to the company. This amount is unsecured and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Paunovitch.