2023-03-01 11114991 2024-02-29 11114991 2023-03-01 2024-02-29 11114991 2023-02-28 11114991 2022-03-01 2023-02-28 11114991 uk-core:WithinOneYear 2023-02-28 11114991 uk-core:WithinOneYear 2024-02-29 11114991 uk-core:ShareCapital 2024-02-29 11114991 uk-core:ShareCapital 2023-02-28 11114991 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 11114991 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11114991 uk-bus:Director1 2023-03-01 2024-02-29 11114991 uk-core:ComputerEquipment 2023-02-28 11114991 uk-core:MotorVehicles 2023-02-28 11114991 uk-core:ComputerEquipment 2023-03-01 2024-02-29 11114991 uk-core:MotorVehicles 2023-03-01 2024-02-29 11114991 uk-core:MotorVehicles 2024-02-29 11114991 uk-core:ComputerEquipment 2024-02-29 11114991 uk-core:AdditionsToInvestments 2024-02-29 11114991 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-02-29 11114991 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-02-29 11114991 uk-core:CostValuation 2024-02-29 11114991 uk-core:Non-currentFinancialInstruments 2024-02-29 iso4217:GBP xbrli:pure 11114991 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11114991 uk-bus:FRS102 2023-03-01 2024-02-29 11114991 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 11114991 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
LMS Euro Limited
Registered Number:11114991
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
LMS Euro Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11114991
As at 29 February 2024
LMS Euro Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,202
28,574
2
Financial assets
-
500
3
4,702
28,574
Current assets
Inventories
36,370
-
4
Trade and other receivables
96,238
115,743
5
314,655
Cash and cash equivalents
296,025
411,768
447,263
Trade and other payables: amounts falling due within one
year
(343,281)
(201,921)
6
103,982
209,847
Net current assets
Total assets less current liabilities
214,549
132,556
1,470
518
Provisions for liabilities
216,019
Net assets
133,074
Capital and reserves
Called up share capital
200
200
Retained earnings
215,819
132,874
216,019
133,074
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Raees Gulam Vali Director
These financial statements were approved and authorised for issue by the Board on 27 November 2024 and were signed by:
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4
Registered Number :
11114991
For the year ended 29 February 2024
LMS Euro Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 29 February 2024
LMS Euro Limited
Notes to the Financial Statements
Statutory Information
LMS Euro Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11114991.
Registered address:
248 Humberstone Road
Leicester
LE5 0EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 March 2023
41,016
7,716
33,300
175
175
-
Additions
-
(19,000)
Disposals
(19,000)
At 29 February 2024
14,300
7,891
22,191
Provision for depreciation and impairment
At 01 March 2023
12,442
4,117
8,325
Charge for year
5,547
1,972
3,575
At 29 February 2024
17,989
6,089
11,900
At 29 February 2024
Net book value
2,400
1,802
4,202
At 28 February 2023
24,975
3,599
28,574
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6
For the year ended 29 February 2024
LMS Euro Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
Cost
£
£
500
500
Additions
At 29 February 2024
500
500
At 29 February 2024
Net book value
500
500
4. Inventories
2023
2024
£
£
Stocks
-
36,370
5. Trade and other receivables
2023
2024
£
£
Trade debtors
55,139
44,129
Other debtors
60,604
52,109
96,238
115,743
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
45,910
70,247
Taxation and social security
60,262
54,852
Other creditors
95,749
218,182
201,921
343,281
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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