LOOK IN (BIRMINGHAM) LIMITED

Company Registration Number:
14263402 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

LOOK IN (BIRMINGHAM) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

LOOK IN (BIRMINGHAM) LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The principal activity of the company is a Chinese takeaway and cafe.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

MR KWOK WAH LEE


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 March 2025

And signed on behalf of the board by:
Name: MR KWOK WAH LEE
Status: Director

LOOK IN (BIRMINGHAM) LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 9,450 9,861
Total fixed assets: 9,450 9,861
Current assets
Stocks: 4 2,100 1,700
Debtors: 5 13,171 8,819
Cash at bank and in hand: 25,102 14,032
Total current assets: 40,373 24,551
Creditors: amounts falling due within one year: 6 ( 23,887 ) ( 26,009 )
Net current assets (liabilities): 16,486 (1,458)
Total assets less current liabilities: 25,936 8,403
Provision for liabilities: ( 390 ) ( 160 )
Total net assets (liabilities): 25,546 8,243
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 25,446 8,143
Total Shareholders' funds: 25,546 8,243

The notes form part of these financial statements

LOOK IN (BIRMINGHAM) LIMITED

Balance sheet statements

For the year ending 31 December 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: MR KWOK WAH LEE
Status: Director

The notes form part of these financial statements

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    Turnover comprises the value for goods and services supplied to customers, receivable in the ordinary course of business. Turnover is recognised when the goods are transferred to the buyer. Turnover is shown net of VAT , returns and discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rate calculated to write off the cost, less estimated residual value, over their expected useful life, as follows: Fixtures and Fittings 15% reducing balance basis

    Other accounting policies

    Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. Deferred Tax Deferred tax is recognised in respect of all material timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Defined Contribution Pension Contributions to defined contribution plans are recognised as employee benefit expense when they are due.

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 9 7

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 11,601 11,601
Additions 1,257 1,257
Disposals
Revaluations
Transfers
At 31 December 2024 12,858 12,858
Depreciation
At 1 January 2024 1,740 1,740
Charge for year 1,668 1,668
On disposals
Other adjustments
At 31 December 2024 3,408 3,408
Net book value
At 31 December 2024 9,450 9,450
At 31 December 2023 9,861 9,861

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 2,100 1,700
Total 2,100 1,700

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Prepayments and accrued income 13,171 8,819
Total 13,171 8,819

LOOK IN (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 19,845 12,451
Accruals and deferred income 2,473 4,143
Other creditors 1,569 9,415
Total 23,887 26,009