Company Registration No. 07526943 (England)
LJ Blizard Limited
Unaudited accounts
for the year ended 29 February 2024
LJ Blizard Limited
Unaudited accounts
Contents
LJ Blizard Limited
Company Information
for the year ended 29 February 2024
Director
Liam John Blizard
Company Number
07526943 (England)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
Arran Accountancy Limited
Alexanders
Brodick
Isle of Arran
KA27 8HF
LJ Blizard Limited
Statement of financial position
as at 29 February 2024
Tangible assets
4,860
6,171
Cash at bank and in hand
10,931
59,773
Creditors: amounts falling due within one year
(1,620)
(23,197)
Net current assets
18,931
50,864
Total assets less current liabilities
23,791
57,035
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
22,767
55,762
Shareholders' funds
22,867
55,862
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 18 November 2024 and were signed on its behalf by
Liam John Blizard
Director
Company Registration No. 07526943
LJ Blizard Limited
Notes to the Accounts
for the year ended 29 February 2024
LJ Blizard Limited is a private company, limited by shares, registered in England, registration number 07526943. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
LJ Blizard Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
7,329
6,845
14,174
At 29 February 2024
7,775
8,332
16,107
At 1 March 2023
4,756
3,247
8,003
Charge for the year
682
2,562
3,244
At 29 February 2024
5,438
5,809
11,247
At 29 February 2024
2,337
2,523
4,860
At 28 February 2023
2,573
3,598
6,171
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
600
16,055
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 1 (2023: 1).