LOVE LIMITED

LOVE LIMITED

LOVE LIMITED - Company Information

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LOVE LIMITED

Company Registration Number:
03769210 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2021

Period of accounts

Start date: 29 February 2020

End date: 28 February 2021

LOVE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2021

Balance sheet
Notes

LOVE LIMITED

Balance sheet

As at 28 February 2021


Notes
2021
9 months to 28 February 2020


£
£
Fixed assets
Intangible assets: 3 720,000 800,000
Tangible assets: 4 13,904 15,956
Investments: 5 1 1
Total fixed assets: 733,905 815,957
Current assets
Debtors:   22,463 32,209
Cash at bank and in hand: 105,061 171,403
Total current assets: 127,524 203,612
Creditors: amounts falling due within one year:   (12,201) (96,022)
Net current assets (liabilities): 115,323 107,590
Total assets less current liabilities: 849,228 923,547
Creditors: amounts falling due after more than one year:   (50,000) (786,000)
Total net assets (liabilities): 799,228 137,547
Capital and reserves
Called up share capital: 800,102 102
Profit and loss account: (874) 137,445
Shareholders funds: 799,228 137,547

The notes form part of these financial statements

LOVE LIMITED

Balance sheet statements

For the year ending 28 February 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2021
and signed on behalf of the board by:

Name: M Lord-Castle
Status: Director

The notes form part of these financial statements

LOVE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LOVE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2021

2. Employees

2021 9 months to 28 February 2020
Average number of employees during the period 2 2

LOVE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2021

3. Intangible Assets

Total
Cost £
At 29 February 2020 800,000
At 28 February 2021 800,000
Amortisation
At 29 February 2020 0
Charge for year 80,000
At 28 February 2021 80,000
Net book value
At 28 February 2021 720,000
At 28 February 2020 800,000

LOVE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2021

4. Tangible Assets

Total
Cost £
At 29 February 2020 17,260
At 28 February 2021 17,260
Depreciation
At 29 February 2020 1,304
Charge for year 2,052
At 28 February 2021 3,356
Net book value
At 28 February 2021 13,904
At 28 February 2020 15,956

LOVE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2021

5. Fixed investments

Shares in group undertakings £1 (2020 - £1)