Registration number: 13892691

Lilypad Homes Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Lilypad Homes Limited

(Registration number: 13892691)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	4		87,147		114,059
Current assets
Debtors	5	-		3,621
Cash at bank and in hand		10,029		2,741
		10,029		6,362
Creditors: Amounts falling due within one year	6	(44,007)		(42,987)
Net current liabilities			(33,978)		(36,625)
Total assets less current liabilities			53,169		77,434
Provisions for liabilities			(11,128)		(14,693)
Net assets			42,041		62,741
Capital and reserves
Called up share capital		100		100
Profit and loss account		41,941		62,641
Total equity			42,041		62,741

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 July 2026 and signed on its behalf by:
 

......................................... Mr P. Thompson Director

Lilypad Homes Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 11 Fusion Court
Aberford Road
Garforth
Leeds
LS25 2GH

The principal place of business is:
White House
Main Street
Church Langton
Market Harborough
Leicestershire
LE16 7SY

These financial statements were authorised for issue by the Board on 8 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefit will flow to the company.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Lilypad Homes Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20% Reducing balance
Motor vehicles	25% Reducing balance

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	8,880	109,233	118,113
Additions	1,559	-	1,559
At 31 March 2026	10,439	109,233	119,672
Depreciation
At 1 April 2025	1,778	2,276	4,054
Charge for the year	1,732	26,739	28,471
At 31 March 2026	3,510	29,015	32,525
Carrying amount
At 31 March 2026	6,929	80,218	87,147
At 31 March 2025	7,102	106,957	114,059

Lilypad Homes Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

5

Debtors

Current	2026 £	2025 £
Other debtors	-	3,621
	-	3,621

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Other creditors	44,007	42,987