1 March 2022 false No description of principal activity Taxfiler 2023.10 08415766business:PrivateLimitedCompanyLtd2022-03-012023-02-28 084157662022-02-28 084157662022-03-012023-02-28 08415766business:AuditExemptWithAccountantsReport2022-03-012023-02-28 08415766business:FilletedAccounts2022-03-012023-02-28 084157662023-02-28 08415766business:Director12022-03-012023-02-28 08415766business:RegisteredOffice2022-03-012023-02-28 084157662022-02-28 08415766core:WithinOneYear2023-02-28 08415766core:WithinOneYear2022-02-28 08415766core:AfterOneYear2023-02-28 08415766core:AfterOneYear2022-02-28 08415766core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08415766core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08415766core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08415766core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08415766core:PreviouslyStatedAmount2023-02-28 08415766core:PreviouslyStatedAmount2022-02-28 08415766business:SmallEntities2022-03-012023-02-28 08415766countries:EnglandWales2022-03-012023-02-28 08415766core:PlantMachinery2022-03-012023-02-28 08415766core:PlantMachinery2022-02-28 08415766core:PlantMachinery2023-02-28 08415766business:OrdinaryShareClass12022-03-012023-02-28 08415766business:OrdinaryShareClass12021-03-012022-02-28 084157662021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08415766 (England and Wales)
LILMACC LTD Unaudited accounts for the year ended 28 February 2023
LILMACC LTD Unaudited accounts Contents
Page
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LILMACC LTD Company Information for the year ended 28 February 2023
Director
John Ifeanyi UWALAKA
Company Number
08415766 (England and Wales)
Registered Office
5A NORTHEND TRADING ESTATE ERITH DA8 3PP ENGLAND
Accountants
Johnson Olanrewaju High Glory Associates 61 Sherbourne Close Dartford Dartford, Kent DA1 5WQ
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LILMACC LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,333 
2,667 
Current assets
Inventories
20,862 
42,651 
Debtors
15,987 
- 
Cash at bank and in hand
1,051 
139 
37,900 
42,790 
Creditors: amounts falling due within one year
(10,731)
(10,508)
Net current assets
27,169 
32,282 
Total assets less current liabilities
28,502 
34,949 
Creditors: amounts falling due after more than one year
(27,223)
(34,167)
Net assets
1,279 
782 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
1,129 
632 
Shareholders' funds
1,279 
782 
For the year ending 28 February 2023 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 his 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 29 November 2023 and were signed on its behalf by
John Ifeanyi UWALAKA Director Company Registration No. 08415766
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LILMACC LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
LILMACC LTD is a private company, limited by shares, registered in England and Wales, registration number 08415766. The registered office is 5A NORTHEND TRADING ESTATE, ERITH, DA8 3PP, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
5,665 
At 28 February 2023
5,665 
Depreciation
At 1 March 2022
2,998 
Charge for the year
1,334 
At 28 February 2023
4,332 
Net book value
At 28 February 2023
1,333 
At 28 February 2022
2,667 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
15,987 
- 
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LILMACC LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,333 
8,333 
Taxes and social security
- 
975 
Other creditors
1,198 
- 
Accruals
1,200 
1,200 
10,731 
10,508 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,223 
34,167 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150 
150 
9
Average number of employees
During the year the average number of employees was 3 (2022: 5).
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