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REGISTERED NUMBER: 06970465 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

LSJ LIMITED

LSJ LIMITED (REGISTERED NUMBER: 06970465)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LSJ LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr P G Panayi
Mr K Kyriacou





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 06970465 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

LSJ LIMITED (REGISTERED NUMBER: 06970465)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,824 6,065

CURRENT ASSETS
Debtors 5 70,782 92,568
Cash at bank and in hand 222,952 211,613
293,734 304,181
CREDITORS
Amounts falling due within one year 6 89,957 113,969
NET CURRENT ASSETS 203,777 190,212
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,601

196,277

CREDITORS
Amounts falling due after more than one
year

7

9,774

20,034
NET ASSETS 245,827 176,243

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 245,727 176,143
SHAREHOLDERS' FUNDS 245,827 176,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

LSJ LIMITED (REGISTERED NUMBER: 06970465)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:




Mr P G Panayi - Director



Mr K Kyriacou - Director


LSJ LIMITED (REGISTERED NUMBER: 06970465)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

LSJ Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures,fittings & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

LSJ LIMITED (REGISTERED NUMBER: 06970465)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Fixtures,fittings Motor Computer
& equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 42,636 - 9,889 52,525
Additions 13,924 49,109 - 63,033
At 31 July 2024 56,560 49,109 9,889 115,558
DEPRECIATION
At 1 August 2023 37,208 - 9,252 46,460
Charge for year 4,925 12,190 159 17,274
At 31 July 2024 42,133 12,190 9,411 63,734
NET BOOK VALUE
At 31 July 2024 14,427 36,919 478 51,824
At 31 July 2023 5,428 - 637 6,065

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 66,712 88,510
Other debtors 1,500 1,500
Tax - 208
Prepayments and accrued income 2,570 2,350
70,782 92,568

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts (see note 8) 10,137 9,890
Trade creditors 26,588 25,684
Tax 33,779 48,621
Social security and other taxes 830 1,305
VAT 13,143 22,343
Directors' current accounts 1,731 1,281
Accrued expenses 3,749 4,845
89,957 113,969

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans (see note 8) 9,774 20,034

LSJ LIMITED (REGISTERED NUMBER: 06970465)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


8. LOANS

An analysis of the maturity of loans is given below:

31.7.24 31.7.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,137 9,890

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,774 9,890

Amounts falling due between two and five years:
Bank loans - 2-5 years - 10,144

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary shares £1 100 100