Lily Jacobs Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13234974

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,500		1,327

			1,500		1,327
CURRENT ASSETS
Stocks	5	53,000		-
Debtors	6	248		675
Cash at bank and in hand		8,822		5,936

		62,070		6,611
Creditors: Amounts Falling Due Within One Year	7	(121,763 )		(123,361 )

NET CURRENT ASSETS (LIABILITIES)			(59,693 )		(116,750 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(58,193 )		(115,423 )

NET LIABILITIES			(58,193 )		(115,423 )

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			(58,194 )		(115,424 )

SHAREHOLDERS' FUNDS			(58,193)		(115,423)

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Lily Jacobs Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mrs Tanya Pearman

Director

9 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lily Jacobs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13234974 . The registered office is 73 High Street, East Grinstead, RH19 3DD.

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:

Plant & Machinery	25% Straight line
Fixtures & Fittings	25% Straight line
Computer Equipment	33.33% Straight line

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 2)

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Lily Jacobs Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	714	2,350	482	3,546
Additions	891	160	-	1,051

As at 31 March 2026	1,605	2,510	482	4,597

Depreciation
As at 1 April 2025	673	1,225	321	2,219
Provided during the period	264	453	161	878

As at 31 March 2026	937	1,678	482	3,097

Net Book Value
As at 31 March 2026	668	832	-	1,500

As at 1 April 2025	41	1,125	161	1,327

5. Stocks

	2026	2025
	£	£
Stock	53,000	-

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	248	-
Other debtors	-	675

	248	675

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	3,498	399
Other creditors	113,023	119,279
Taxation and social security	5,242	3,683

	121,763	123,361

8. Related Party Transactions

At 31 March 2026, the company owed £72,523 to the director and £40,000 to a close family member of the director. The director’s loan account had movements during the year. The balances are included within other creditors, are unsecured and interest-free, and no interest was charged during the year.

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