LIMATECH LTD

Company Registration Number:
11185690 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

LIMATECH LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LIMATECH LTD

Company Information

for the Period Ended 29 February 2024




Director: Liutauras Muraska
Registered office: 1
Stone Road
Eston
Middlesbrough
Cleveland
GBR
TS6 9FD
Company Registration Number: 11185690 (England and Wales)

LIMATECH LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Liutauras Muraska

This report was approved by the board of directors on 30 November 2024
And Signed On Behalf Of The Board By:

Name: Liutauras Muraska
Status: Director

LIMATECH LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 60,910 111,401
Cost of sales ( 18,412 ) ( 19,869 )
Gross Profit or (Loss) 42,498 91,532
Distribution Costs ( 42,037 ) ( 91,219 )
Operating Profit or (Loss) 461 313
Profit or (Loss) Before Tax 461 313
Tax on Profit ( 74 ) -
Profit or (Loss) for Period 387 313

The notes form part of these financial statements

LIMATECH LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 716 534
Total fixed assets: 716 534
Current assets
Stocks: 12,316 19,744
Cash at bank and in hand: 10,110 16,768
Total current assets: 22,426 36,512
Prepayments and accrued income: 129
Creditors: amounts falling due within one year: 5 ( 74 )
Net current assets (liabilities): 22,352 36,641
Total assets less current liabilities: 23,068 37,175
Creditors: amounts falling due after more than one year: 6 ( 9,338 ) ( 17,883 )
Total net assets (liabilities): 13,730 19,292

The notes form part of these financial statements

LIMATECH LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 7 0 18,880
Profit and loss account: 13,630 312
Shareholders funds: 13,730 19,292

For the year ending 29 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.

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

This report was approved by the board of directors on 30 November 2024
And Signed On Behalf Of The Board By:

Name: Liutauras Muraska
Status: Director

The notes form part of these financial statements

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 2

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2023 534 534
Additions 360 360
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 894 894
Depreciation
At 01 March 2023 0 0
Charge for year 178 178
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 29 February 2024 178 178
Net book value
At 29 February 2024 716 716
At 28 February 2023 534 534

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 74
Total 74

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 6,008 9,096
Other creditors 3,330 8,787
Total 9,338 17,883

LIMATECH LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

7. Revaluation reserve


2024
£
Balance at 01 March 2023 18,880
Surplus or deficit after revaluation ( 18,880 )
Balance at 29 February 2024 0