REGISTERED NUMBER: 07632078 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Lillyvale 2 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C S Defeo

SECRETARY:

C S Defeo

REGISTERED OFFICE:

Unit 7 -8

College Farm Industrial Estate

Duloe Road

St Neots

Cambridgeshire

PE19 5HQ

REGISTERED NUMBER:

07632078 (England and Wales)

ACCOUNTANTS:

Edwards and associates

28a Bedford Road

Barton Le Clay

Bedford

Bedfordshire

MK45 4PP

CURRENT ASSETS

Stocks

20,356

15,320

Debtors

4

6,500

28,952

Cash at bank

5,560

14,673

32,416

58,945

CREDITORS

Amounts falling due within one year

5

37,994

40,463

NET CURRENT (LIABILITIES)/ASSETS

(5,578

)

18,482

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,578

)

18,482

CREDITORS

Amounts falling due after more than one year

6

20,828

22,059

NET LIABILITIES

(26,406

)

(3,577

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(26,407

)

(3,578

)

(26,406

)

(3,577

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2026 and were signed by:

C S Defeo - Director

1.	STATUTORY INFORMATION

Lillyvale 2 Ltd 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

6,500

20,611

Other debtors

-

8,341

6,500

28,952

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans and overdrafts

5,934

5,934

Trade creditors

17,118

10,705

Taxation and social security

14,087

15,263

Other creditors

855

8,561

37,994

40,463

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans

20,828

22,059

7.	ULTIMATE CONTROLLING PARTY

The controlling party is C S Defeo.

The ultimate controlling party is C S Defeo.