Company Registration No. 07544821 (England and Wales)
BALTIKANA LTD
Unaudited accounts
for the year ended 29 February 2024
BALTIKANA LTD
Unaudited accounts
Contents
BALTIKANA LTD
Company Information
for the year ended 29 February 2024
Company Number
07544821 (England and Wales)
Registered Office
37 Spring Bank
Hull
England
HU3 1AG
Accountants
Eurofirma Ltd
59 Devons Road
London
E3 3DW
BALTIKANA LTD
Statement of financial position
as at 29 February 2024
Tangible assets
2,848
3,473
Cash at bank and in hand
4,473
39,956
Creditors: amounts falling due within one year
(62,929)
(68,267)
Net current assets
21,466
26,436
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
BALTIKANA LTD
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 29 February 2024
2,291
557
2,848
At 28 February 2023
2,794
679
3,473
BALTIKANA LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
771
1,678
Other debtors
20,100
20,100
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
33,945
40,490
Taxes and social security
8,764
9,712
Other creditors
9,794
16,131
Loans from directors
10,269
-
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).