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REGISTERED NUMBER: 11178030 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

LILAJ LIMITED

LILAJ LIMITED (Registered number: 11178030)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LILAJ LIMITED

Company Information
for the Year Ended 28 February 2024







DIRECTOR: Mrs S J METLO





SECRETARY:





REGISTERED OFFICE: 40
GOLDBEATERS GROVE
LONDON
London
HA8 0QD





REGISTERED NUMBER: 11178030 (England and Wales)





ACCOUNTANTS: Certax Accounting Fitzrovia Limited
85
Tottenham Court Road
London
W1T 4TQ

LILAJ LIMITED (Registered number: 11178030)

Balance Sheet
28 February 2024

28/2/24 28/2/23
Notes £    £   
CURRENT ASSETS
Stocks 31,759 31,044
Debtors 5 23,594 19,455
Cash in hand 955 4,376
56,308 54,875
CREDITORS
Amounts falling due within one year 6 36,540 23,117
NET CURRENT ASSETS 19,768 31,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,768

31,758

CREDITORS
Amounts falling due after more than one
year

7

12,226

25,246
NET ASSETS 7,542 6,512

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,442 6,412
7,542 6,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2024 and were signed by:



Mrs S J METLO - Director


LILAJ LIMITED (Registered number: 11178030)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

LILAJ LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

LILAJ LIMITED (Registered number: 11178030)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 3,182
Disposals (3,182 )
At 28 February 2024 -
DEPRECIATION
At 1 March 2023 3,182
Eliminated on disposal (3,182 )
At 28 February 2024 -
NET BOOK VALUE
At 28 February 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
£    £   
Trade debtors 20,594 16,455
Other debtors 3,000 3,000
23,594 19,455

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
£    £   
Trade creditors 13,516 7,616
Taxation and social security 23,024 15,501
36,540 23,117

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28/2/24 28/2/23
£    £   
Other creditors 12,226 25,246