Love From Lemonade Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07509894 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Love From Lemonade Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L A Bracey

L V Bracey

Ms S J Britton

Miss C Haworth

M Thomson

REGISTERED OFFICE:

Silverthorne Lane

St Phillips

Bristol

BS2 0QD

REGISTERED NUMBER:

07509894 (England and Wales)

ACCOUNTANTS:

Clay Knox Ltd

Clay Barn

Ipsley Court

Berrington Close

Redditch

Worcestershire

B98 0TJ

CURRENT ASSETS

Debtors

5

-

2,896

Cash at bank and in hand

529

1,737

529

4,633

CREDITORS

Amounts falling due within one year

6

520

4,624

NET CURRENT ASSETS

9

9

TOTAL ASSETS LESS CURRENT LIABILITIES

9

9

CAPITAL AND RESERVES

Called up share capital

7

9

9

SHAREHOLDERS' FUNDS

9

9

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 January 2018 and were signed on its behalf by:

M Thomson - Director

1.	STATUTORY INFORMATION

Love From Lemonade Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

and 30 April 2017

5,633

DEPRECIATION

At 1 May 2016

and 30 April 2017

5,633

NET BOOK VALUE

At 30 April 2017

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

2,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

176

Taxation and social security

-

1,666

Other creditors

520

2,782

520

4,624

Included in other creditors is £500 (2016: £500) in relation to accruals and deferred income.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

9

Ordinary

£1

9

9

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from directors subsisted during the years ended 30 April 2017 and

30 April 2016:

2017

2016

£

£

L V Bracey

Balance outstanding at start of year

180

-

Amounts advanced

-

1,000

Amounts repaid

-

(820

)

Amounts written off

(180

)

-

Amounts waived

-

-

Balance outstanding at end of year

-

180

M L A Bracey

Balance outstanding at start of year

180

-

Amounts advanced

-

1,000

Amounts repaid

-

(820

)

Amounts written off

(180

)

-

Amounts waived

-

-

Balance outstanding at end of year

-

180

M Thomson

Balance outstanding at start of year

180

-

Amounts advanced

-

1,000

Amounts repaid

-

(820

)

Amounts written off

(180

)

-

Amounts waived

-

-

Balance outstanding at end of year

-

180

Ms S J Britton

Balance outstanding at start of year

(1,141

)

-

Amounts advanced

-

1,320

Amounts repaid

-

(2,461

)

Amounts written off

1,141

-

Amounts waived

-

-

Balance outstanding at end of year

-

(1,141

)

Miss C Haworth

Balance outstanding at start of year

(1,141

)

-

Amounts advanced

-

1,320

Amounts repaid

-

(2,461

)

Amounts written off

1,141

-

Amounts waived

-

-

Balance outstanding at end of year

-

(1,141

)

9.	ULTIMATE CONTROLLING PARTY