LITSS LIMITED

Company Registration Number:
13194237 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

LITSS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

LITSS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 799 1,982
Total fixed assets: 799 1,982
Current assets
Cash at bank and in hand: 46,314 33,525
Total current assets: 46,314 33,525
Creditors: amounts falling due within one year:   (11,605) (9,917)
Net current assets (liabilities): 34,709 23,608
Total assets less current liabilities: 35,508 25,590
Total net assets (liabilities): 35,508 25,590
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 35,507 25,589
Shareholders funds: 35,508 25,590

The notes form part of these financial statements

LITSS LIMITED

Balance sheet statements

For the year ending 28 February 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 27 November 2024
and signed on behalf of the board by:

Name: G Zapata Perez
Status: Director

The notes form part of these financial statements

LITSS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 33% on cost

Other accounting policies

Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

LITSS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

LITSS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 5,946
Additions 1,199
At 28 February 2024 7,145
Depreciation
At 01 March 2023 3,964
Charge for year 2,382
At 28 February 2024 6,346
Net book value
At 28 February 2024 799
At 28 February 2023 1,982