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Company Registration No. 11135502 (England and Wales)
London Hit Ltd Unaudited accounts for the year ended 31 January 2024
London Hit Ltd Unaudited accounts Contents
Page
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London Hit Ltd Company Information for the year ended 31 January 2024
Director
Sung Hye Kim
Company Number
11135502 (England and Wales)
Registered Office
Unit 17/18 Bicester Business Park Telford Road Bicester England OX26 4LD United Kingdom
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London Hit Ltd Statement of financial position as at 31 January 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
31,389 
Current assets
Inventories
265,653 
Debtors
119,912 
Cash at bank and in hand
92,131 
477,696 
Creditors: amounts falling due within one year
(80,776)
Net current assets
396,920 
Total assets less current liabilities
428,309 
Creditors: amounts falling due after more than one year
(25,597)
Net assets
402,712 
Capital and reserves
Called up share capital
1 
Profit and loss account
402,711 
Shareholders' funds
402,712 
For the year ending 31 January 2024 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 11 October 2024 and were signed on its behalf by
Sung Hye Kim Director Company Registration No. 11135502
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London Hit Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
London Hit Ltd is a private company, limited by shares, registered in England and Wales, registration number 11135502. The registered office is Unit 17/18 Bicester Business Park, Telford Road, Bicester, England, OX26 4LD, United Kingdom.
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 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
5 years Straight-line
Motor vehicles
15% Reducing balance
Fixtures & fittings
5 years Straight-line
Computer equipment
3 years Straight-line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
- 
39,207 
- 
- 
39,207 
Additions
337 
- 
1,117 
1,865 
3,319 
At 31 January 2024
337 
39,207 
1,117 
1,865 
42,526 
Depreciation
At 1 February 2023
- 
5,694 
- 
- 
5,694 
Charge for the year
55 
5,027 
165 
196 
5,443 
At 31 January 2024
55 
10,721 
165 
196 
11,137 
Net book value
At 31 January 2024
282 
28,486 
952 
1,669 
31,389 
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London Hit Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
21,833 
Trade debtors
87,129 
Accrued income and prepayments
10,950 
119,912 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
2,520 
Other creditors
64,644 
Accruals
13,612 
80,776 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
25,597 
8
Average number of employees
During the year the average number of employees was 5.
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