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Registered Number: 14607401


 

 

 

LYBZA LTD


Abridged Accounts
 


Period of accounts

Start date: 20 January 2023

End date: 31 January 2024
 
 
Notes
 
2024
£
Current assets    
Stocks 2,782 
Cash at bank and in hand 288 
3,070 
Creditors: amount falling due within one year (4,354)
Net current liabilities (1,284)
 
Total assets less current liabilities (1,284)
Net liabilities (1,284)
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account (1,384)
Shareholder's funds (1,284)
 


For the period ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 13 February 2024 and were signed by:


-------------------------------
Aleeza TASAWAR
Director
1
General Information
LYBZA LTD is a private company, limited by shares, registered in , registration number 14607401, registration address 125 ST. AWDRYS ROAD, BARKING , ENGLAND, IG11 7QE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Basis of Preparation
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the period was 1.
2