General Information
LOTUS WELLBEING SPA LTD is a private company, limited by shares, registered in England and Wales, registration number 12209125, registration address 51 TWEEDY ROAD, BROMLEY, KENT, BR1 3NH.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.
| Fixtures, Fittings & Equipment |
20% Straight Line
|
|
| 2. |
Average number of employees
There are no employees in the company.
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures, Fittings & Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 January 2025 |
198,314 |
|
198,314 |
| Additions |
269 |
|
269 |
| Disposals |
- |
|
- |
| At 31 December 2025 |
198,583 |
|
198,583 |
| Depreciation |
| At 01 January 2025 |
125,089 |
|
125,089 |
| Charge for year |
14,870 |
|
14,870 |
| On disposals |
- |
|
- |
| At 31 December 2025 |
139,959 |
|
139,959 |
| Net book values |
| Closing balance as at 31 December 2025 |
58,624 |
|
58,624 |
| Opening balance as at 01 January 2025 |
73,225 |
|
73,225 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
0 |
|
142 |
| Prepayments & Accrued Income |
1,480 |
|
1,309 |
| Other Debtors |
229,148 |
|
137,304 |
|
230,628 |
|
138,755 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
38,267 |
|
32,672 |
| Corporation Tax |
97,734 |
|
38,690 |
| Accrued Expenses |
720 |
|
720 |
|
136,721 |
|
72,082 |
|
| 6. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2025
£ | | 2024
£ | | 2025
£ | | 2024
£ |
|---|
| Lee Fatt Yeow and Mee Lian Chong | (171,326) | | 0 | | 171,326 | | 0 |
During the year the company made a loan of £171,326 to the above directors, which is included in the Other Debtors figure in the company accounts. Section 455 Corporation Tax has been computed and charged at £57,822. which is also included in the Other Debtors figures. It is the intention of the directors to repay this loan during the year to 31 December 2026 and an application to repay the Section 455 tax will be made in that Corporaiton Tax return.
The Other Debtors figure is shown in note 6 of the accounts £229,148 |
2
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