I'm wondering how much prep we can do

So I am using love2D (Hopefully with more than 12 hours lol) and I was wondering how much baseplate code we can have. Here is what I have right now.

 >LD53
   >conf.lua
   >main.lua
   >assets
     >img
     >sounds
     >music

main and conf just set up the exe and set the title to LD53. If I used this format, would I be allowed to participate in the compo? thanks!