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Company Registration No. 07544821 (England and Wales)
BALTIKANA LTD Unaudited accounts for the year ended 29 February 2024
BALTIKANA LTD Unaudited accounts Contents
Page
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BALTIKANA LTD Company Information for the year ended 29 February 2024
Director
Lijana Vegeliene
Company Number
07544821 (England and Wales)
Registered Office
37 Spring Bank Hull England HU3 1AG
Accountants
Eurofirma Ltd 59 Devons Road London E3 3DW
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BALTIKANA LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,848 
3,473 
Current assets
Inventories
46,825 
21,823 
Debtors
33,097 
32,924 
Cash at bank and in hand
4,473 
39,956 
84,395 
94,703 
Creditors: amounts falling due within one year
(62,929)
(68,267)
Net current assets
21,466 
26,436 
Net assets
24,314 
29,909 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
24,214 
29,809 
Shareholders' funds
24,314 
29,909 
For the year ending 29 February 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 her 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 21 October 2024 and were signed on its behalf by
Lijana Vegeliene Director Company Registration No. 07544821
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BALTIKANA LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
BALTIKANA LTD is a private company, limited by shares, registered in England and Wales, registration number 07544821. The registered office is 37 Spring Bank, Hull, England, HU3 1AG.
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 remained unchanged from the previous year, and also 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:
Motor vehicles
18% on reduce cost
Fixtures & fittings
18% on reduce cost
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
13,300 
2,888 
16,188 
At 29 February 2024
13,300 
2,888 
16,188 
Depreciation
At 1 March 2023
10,506 
2,209 
12,715 
Charge for the year
503 
122 
625 
At 29 February 2024
11,009 
2,331 
13,340 
Net book value
At 29 February 2024
2,291 
557 
2,848 
At 28 February 2023
2,794 
679 
3,473 
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BALTIKANA LTD Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,226 
11,146 
Accrued income and prepayments
771 
1,678 
Other debtors
20,100 
20,100 
33,097 
32,924 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
33,945 
40,490 
Trade creditors
157 
1,934 
Taxes and social security
8,764 
9,712 
Other creditors
9,794 
16,131 
Loans from directors
10,269 
- 
62,929 
68,267 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 7 (2023: 10).
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