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REGISTERED NUMBER: 10253061 (England and Wales)












Lica Scientific Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024






Lica Scientific Limited (Registered number: 10253061)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Lica Scientific Limited

Company Information
for the Year Ended 30 June 2024







Director: M Rollinson





Registered office: Stockport Business And Innovation Centre
Broadstone Mill
Broadstone Road
Stockport
Manchester
SK5 7DL





Registered number: 10253061 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Lica Scientific Limited (Registered number: 10253061)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 820 2,662

Current assets
Debtors 5 18,113 39,310
Cash at bank 31,887 14,222
50,000 53,532
Creditors
Amounts falling due within one year 6 42,527 42,867
Net current assets 7,473 10,665
Total assets less current liabilities 8,293 13,327

Creditors
Amounts falling due after more than one year 7 7,500 13,501
Net assets/(liabilities) 793 (174 )

Capital and reserves
Called up share capital 100 100
Retained earnings 693 (274 )
793 (174 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Lica Scientific Limited (Registered number: 10253061)

Balance Sheet - continued
30 June 2024


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 30 August 2024 and were signed by:





M Rollinson - Director


Lica Scientific Limited (Registered number: 10253061)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

Lica Scientific 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.
Plant and machinery etc - 33% on cost

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.

Lica Scientific Limited (Registered number: 10253061)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. Employees and directors

The average number of employees during the year was 5 (2023 - 10 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 July 2023 8,997
Additions 399
Disposals (1,492 )
At 30 June 2024 7,904
Depreciation
At 1 July 2023 6,335
Charge for year 1,283
Eliminated on disposal (534 )
At 30 June 2024 7,084
Net book value
At 30 June 2024 820
At 30 June 2023 2,662

5. Debtors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Trade debtors 14,589 31,431
Other debtors 3,524 7,879
18,113 39,310

6. Creditors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 6,000 6,000
Taxation and social security 30,059 27,345
Other creditors 6,468 9,522
42,527 42,867

Lica Scientific Limited (Registered number: 10253061)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. Creditors: amounts falling due after more than one year
30.6.24 30.6.23
£    £   
Bank loans 7,500 13,501

8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
M Rollinson
Balance outstanding at start of year - -
Amounts advanced 3,524 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,524 -

The loan is unsecured, interest free and repayable on demand.