Company Registration No. 12145585 (England and Wales)
LOL'S CAFE LTD
Unaudited accounts
for the year ended 31 August 2022
LOL'S CAFE LTD
Unaudited accounts
Contents
LOL'S CAFE LTD
Company Information
for the year ended 31 August 2022
Directors
Mrs Amanda Jane Sullivan
Mrs Lorraine Fenn
Company Number
12145585 (England and Wales)
Registered Office
21 MINSTER ROAD
MINSTER ON SEA
SHEERNESS
KENT
ME12 3JE
UNITED KINGDOM
Accountants
KPM Accounts Limited
10 Sherwood House
Walderslade Centre
Chatham
Kent
ME5 9UD
LOL'S CAFE LTD
Statement of financial position
as at
31 August 2022
Intangible assets
11,855
14,457
Tangible assets
8,577
8,909
Cash at bank and in hand
8,203
20,806
Net current assets
8,733
21,336
Called up share capital
4
4
Capital contribution reserve
50,360
50,360
Profit and loss account
(21,199)
(5,662)
Shareholders' funds
29,165
44,702
For the year ending 31 August 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 25 February 2023 and were signed on its behalf by
Mrs Amanda Jane Sullivan
Director
Company Registration No. 12145585
LOL'S CAFE LTD
Notes to the Accounts
for the year ended 31 August 2022
LOL'S CAFE LTD is a private company, limited by shares, registered in England and Wales, registration number 12145585. The registered office is 21 MINSTER ROAD, MINSTER ON SEA, SHEERNESS, KENT, ME12 3JE, UNITED KINGDOM.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2021
21,500
At 1 September 2021
7,043
Charge for the year
2,602
LOL'S CAFE LTD
Notes to the Accounts
for the year ended 31 August 2022
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2021
13,228
At 1 September 2021
4,319
Charge for the year
1,883
Amounts falling due within one year
Accrued income and prepayments
450
450
7
Average number of employees
During the year the average number of employees was 2 (2021: 3).