Company Registration No. 10730310 (England and Wales)
Lavish Box Ltd
Unaudited accounts
for the year ended 30 April 2021
Lavish Box Ltd
Unaudited accounts
Contents
Lavish Box Ltd
Company Information
for the year ended 30 April 2021
Company Number
10730310 (England and Wales)
Registered Office
88 Vallance Road
London
E1 5BW
Accountants
TOA LTD t/a The Online Accountancy
Kemp House
152 - 160 City Road
London
EC1V 2NX
Lavish Box Ltd
Statement of financial position
as at 30 April 2021
Cash at bank and in hand
800
779
Creditors: amounts falling due within one year
(12,800)
(3,500)
Net current assets
5,809
15,283
Total assets less current liabilities
6,208
16,082
Creditors: amounts falling due after more than one year
(27,738)
(27,034)
Net liabilities
(21,530)
(10,952)
Called up share capital
1
1
Profit and loss account
(21,531)
(10,953)
Shareholders' funds
(21,530)
(10,952)
For the year ending 30 April 2021 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 her 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 25 January 2022 and were signed on its behalf by
Farhana Begum
Director
Company Registration No. 10730310
Lavish Box Ltd
Notes to the Accounts
for the year ended 30 April 2021
Lavish Box Ltd is a private company, limited by shares, registered in England and Wales, registration number 10730310. The registered office is 88 Vallance Road, London, E1 5BW.
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 year, 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.
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
over 5 years
Lavish Box Ltd
Notes to the Accounts
for the year ended 30 April 2021
4
Tangible fixed assets
Plant & machinery
Finished goods
3,409
3,604
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
6
Debtors: amounts falling due within one year
2021
2020
Other debtors
14,400
14,400
7
Creditors: amounts falling due within one year
2021
2020
8
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
27,738
27,034
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
