Company Registration No. 14483772 (England and Wales)
Lily's Wholefoods Ltd
Unaudited accounts
for the period from 1 December 2024 to 31 December 2025
Lily's Wholefoods Ltd
Unaudited accounts
Contents
Lily's Wholefoods Ltd
Company Information
for the period from 1 December 2024 to 31 December 2025
Director
Mr Taner Belkiran
Company Number
14483772 (England and Wales)
Registered Office
The Gate
11 Albion Road
London
N16 9PS
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JY
Lily's Wholefoods Ltd
Statement of financial position
as at 31 December 2025
Intangible assets
51,000
54,000
Tangible assets
69,437
71,256
Cash at bank and in hand
14,901
12,944
Creditors: amounts falling due within one year
(160,064)
(195,859)
Net current liabilities
(84,316)
(133,053)
Net assets/(liabilities)
36,121
(7,797)
Called up share capital
3
3
Profit and loss account
36,118
(7,800)
Shareholders' funds
36,121
(7,797)
For the period ending 31 December 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 May 2026 and were signed on its behalf by
Mr Taner Belkiran
Director
Company Registration No. 14483772
Lily's Wholefoods Ltd
Notes to the Accounts
for the period from 1 December 2024 to 31 December 2025
Lily's Wholefoods Ltd is a private company, limited by shares, registered in England and Wales, registration number 14483772. The registered office is The Gate, 11 Albion Road, London, N16 9PS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% - Reducing balance method
Fixtures & fittings
18% - Reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Lily's Wholefoods Ltd
Notes to the Accounts
for the period from 1 December 2024 to 31 December 2025
4
Intangible fixed assets
Goodwill
At 31 December 2025
60,000
Charge for the period
3,000
At 31 December 2025
51,000
At 30 November 2024
54,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
12,406
-
84,797
97,203
Additions
-
9,643
1,057
10,700
At 31 December 2025
12,406
9,643
85,854
107,903
At 1 December 2024
-
-
25,947
25,947
Charge for the period
-
1,736
10,783
12,519
At 31 December 2025
-
1,736
36,730
38,466
At 31 December 2025
12,406
7,907
49,124
69,437
At 30 November 2024
12,406
-
58,850
71,256
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
450
4,078
Loans from directors
158,382
190,084
Lily's Wholefoods Ltd
Notes to the Accounts
for the period from 1 December 2024 to 31 December 2025
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Included within other creditors is an amount of £158,382 (2024;£190,084) due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the period the average number of employees was 10 (2024: 8).