LT BEST GIFTS LTD

Company Registration Number:
12178283 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

LT BEST GIFTS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

LT BEST GIFTS LTD

Company Information

for the Period Ended 31 August 2024




Director: Lyubomir Dimitrov TSOLOV
Registered office: 71-75
Shelton Street
London
England
WC2H 9JQ
Company Registration Number: 12178283 (England and Wales)

LT BEST GIFTS LTD

Directors' Report Period Ended 31 August 2024

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

Principal Activities

The company's principal activity during the period was Retail sale via mail order houses or via Internet.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Lyubomir Dimitrov TSOLOV

This report was approved by the board of directors on 28 May 2025
And Signed On Behalf Of The Board By:

Name: Lyubomir Dimitrov TSOLOV
Status: Director

LT BEST GIFTS LTD

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,065 1,298
Total fixed assets: 1,065 1,298
Current assets
Debtors: 5 171 278
Cash at bank and in hand: 2,241 1,294
Total current assets: 2,412 1,572
Creditors: amounts falling due within one year: 6 ( 17,695 ) ( 209 )
Net current assets (liabilities): ( 15,283 ) 1,363
Total assets less current liabilities: ( 14,218 ) 2,661
Total net assets (liabilities): ( 14,218 ) 2,661

The notes form part of these financial statements

LT BEST GIFTS LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 14,318 ) 2,561
Shareholders funds: ( 14,218 ) 2,661

For the year ending 31 August 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 28 May 2025
And Signed On Behalf Of The Board By:

Name: Lyubomir Dimitrov TSOLOV
Status: Director

The notes form part of these financial statements

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 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

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 September 2023 1,583 1,583
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 1,583 1,583
Depreciation
At 01 September 2023 285 285
Charge for year 233 233
On disposals - -
Other adjustments - -
At 31 August 2024 518 518
Net book value
At 31 August 2024 1,065 1,065
At 31 August 2023 1,298 1,298

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Other debtors 171 278
Total 171 278

LT BEST GIFTS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 695 209
Other creditors 17,000
Total 17,695 209