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Company Registration No. 11836127 (England and Wales)
LUSSON LTD Unaudited accounts for the year ended 29 February 2024
LUSSON LTD Unaudited accounts Contents
Page
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LUSSON LTD Company Information for the year ended 29 February 2024
Director
Saulius Lucka
Company Number
11836127 (England and Wales)
Registered Office
347 Barking Road London E13 8EE ENGLAND
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LUSSON LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
212,056 
249,692 
Investment property
618,000 
- 
830,056 
249,692 
Current assets
Inventories
200,046 
- 
Debtors
64,288 
44,136 
Cash at bank and in hand
72,085 
38,609 
336,419 
82,745 
Creditors: amounts falling due within one year
(262,321)
(756)
Net current assets
74,098 
81,989 
Net assets
904,154 
331,681 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
618,000 
- 
Profit and loss account
286,054 
331,581 
Shareholders' funds
904,154 
331,681 
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 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 8 February 2024 and were signed on its behalf by
Saulius Lucka Director Company Registration No. 11836127
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LUSSON LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
LUSSON LTD is a private company, limited by shares, registered in England and Wales, registration number 11836127. The registered office is 347, Barking Road, London, E13 8EE, ENGLAND.
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
20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
239,440 
At 29 February 2024
239,440 
Depreciation
At 1 March 2023
(10,252)
Charge for the year
37,636 
At 29 February 2024
27,384 
Net book value
At 29 February 2024
212,056 
At 28 February 2023
249,692 
5
Investment property
2024 
£ 
Additions
618,000 
At 29 February 2024
618,000 
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LUSSON LTD Notes to the Accounts for the year ended 29 February 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
21,175 
13,324 
Trade debtors
- 
30,812 
Other debtors
43,113 
- 
64,288 
44,136 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
82,321 
- 
Taxes and social security
- 
756 
Other creditors
180,000 
- 
262,321 
756 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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