Company Registration No. 08415766 (England and Wales)
LILMACC LTD
Unaudited accounts
for the year ended 28 February 2023
LILMACC LTD
Unaudited accounts
Contents
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
LILMACC LTD
Statement of financial position
as at 28 February 2023
Tangible assets
1,333
2,667
Cash at bank and in hand
1,051
139
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)
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
LILMACC LTD
Notes to the Accounts
for the year ended 28 February 2023
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.
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
25% Straight line
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
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).