LAZY TOAD INVESTMENTS LIMITED
REGISTERED NUMBER: 10012618
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2019
Notes
Lazy Toad Invesments Limited is a private company limited by shares incorporated in England and Wales in the United Kingdom.
The address of the registered office is 71 New Dover Road, Canterbury, Kent, CT1 3DZ.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £1.
The accounts have been restated to incorporate the share premium paid on the additional allotment of share capital. A premium of £99,999 was paid on the £1 nominal share capital which was alloted on 25 August 2016. This has resulted in an increase in current assets and capital and reserves.
The accounts have also been restated to incorporate the investment of 173 Ordinary £1 shares in Phinsys Limited at par on 25 August 2016. This has resulted in an increase in fixed assets and creditors falling due within one year.
Average number of employees
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The average monthly number of employees, including directors, during the year was 2 (2018 - 2).
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on page 2 form part of these financial statements.
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