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Registered number: 05767084
Lilly Pad Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2026
Dodgson Matty Partnership
22 The Tything
Worcester
WR1 1HD
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05767084
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,019 23,237
17,019 23,237
CURRENT ASSETS
Stocks 501,500 501,500
Debtors 21,484 10,383
Cash at bank and in hand 295,778 435,037
818,762 946,920
Creditors: Amounts Falling Due Within One Year (20,556 ) (86,402 )
NET CURRENT ASSETS (LIABILITIES) 798,206 860,518
TOTAL ASSETS LESS CURRENT LIABILITIES 815,225 883,755
Creditors: Amounts Falling Due After More Than One Year (2,277 ) (12,305 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,225 ) (4,250 )
NET ASSETS 809,723 867,200
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 809,721 867,198
SHAREHOLDERS' FUNDS 809,723 867,200
Page 1
Page 2
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Y Jaremko
Director
13 September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Lilly Pad Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05767084 . The registered office is English Mutual House, 22 The Tything, Worcester, England, WR1 1HD.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. 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% on cost
Motor Vehicles 20% reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 April 2025 61,351
As at 31 March 2026 61,351
Depreciation
As at 1 April 2025 38,114
Provided during the period 6,218
As at 31 March 2026 44,332
Net Book Value
As at 31 March 2026 17,019
As at 1 April 2025 23,237
5. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
6. Ultimate Controlling Party
The company is controlled by the Directors.
Page 4