LONTEX EXPORTS LIMITED

Company Registration Number:
02776227 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

LONTEX EXPORTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

LONTEX EXPORTS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,347,495 1,279,313
Total fixed assets: 1,347,495 1,279,313
Current assets
Stocks: 80,000 90,000
Debtors:   4,999 34,742
Cash at bank and in hand: 30,142 22,039
Total current assets: 115,141 146,781
Creditors: amounts falling due within one year: 4 (179,517) (221,963)
Net current assets (liabilities): (64,376) (75,182)
Total assets less current liabilities: 1,283,119 1,204,131
Creditors: amounts falling due after more than one year:   (915,000) (724,000)
Total net assets (liabilities): 368,119 480,131
Capital and reserves
Called up share capital: 20,000 20,000
Profit and loss account: 348,119 460,131
Shareholders funds: 368,119 480,131

The notes form part of these financial statements

LONTEX EXPORTS LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: YOUSUF AL-MINJI
Status: Director

The notes form part of these financial statements

LONTEX EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LONTEX EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 9 9

LONTEX EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 1,917,576
Additions 133,800
At 31 January 2024 2,051,376
Depreciation
At 01 February 2023 638,263
Charge for year 65,618
At 31 January 2024 703,881
Net book value
At 31 January 2024 1,347,495
At 31 January 2023 1,279,313

LONTEX EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

Short term Creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method