Company Registration No. 12064398 (England and Wales)
LIM JUNYE LTD
Unaudited accounts
for the year ended 30 June 2024
LIM JUNYE LTD
Unaudited accounts
Contents
LIM JUNYE LTD
Company Information
for the year ended 30 June 2024
Company Number
12064398 (England and Wales)
Registered Office
D101 Ambassador Building
5 New Union Square
London
SW11 7BR
England
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
LIM JUNYE LTD
Statement of financial position
as at 30 June 2024
Tangible assets
332,185
355,328
Cash at bank and in hand
24,669
35,162
Creditors: amounts falling due within one year
(733,194)
(691,285)
Net current liabilities
(675,884)
(624,505)
Net liabilities
(343,699)
(269,177)
Called up share capital
8
8
Profit and loss account
(343,707)
(269,185)
Shareholders' funds
(343,699)
(269,177)
For the year ending 30 June 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 10 October 2024 and were signed on its behalf by
Lynus Jun Ye Lim
Director
Company Registration No. 12064398
LIM JUNYE LTD
Notes to the Accounts
for the year ended 30 June 2024
LIM JUNYE LTD is a private company, limited by shares, registered in England and Wales, registration number 12064398. The registered office is D101 Ambassador Building, 5 New Union Square, London, SW11 7BR, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
10% Reducing Balance
Fixtures & fittings
20% Reducing Balance & 25% Straight Line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
247,294
232,294
479,588
Additions
29,230
548
29,778
At 30 June 2024
276,524
232,842
509,366
At 1 July 2023
41,288
82,972
124,260
Charge for the year
22,817
30,104
52,921
At 30 June 2024
64,105
113,076
177,181
At 30 June 2024
212,419
119,766
332,185
At 30 June 2023
206,006
149,322
355,328
LIM JUNYE LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
879
-
Other debtors
21,606
21,606
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,790
7,783
Taxes and social security
5,304
4,971
Other creditors
15,315
18,373
Loans from directors
672,938
637,982
Allotted, called up and fully paid:
1 Ordinary shares of £8 each
8
8
8
Average number of employees
During the year the average number of employees was 12 (2023: 8).