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REGISTERED NUMBER: 04576190 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31st December 2024

for

LJK SALES & MARKETING LIMITED

LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LJK SALES & MARKETING LIMITED

Company Information
for the Year Ended 31st December 2024







DIRECTORS: L Keys
J O Keys
Mrs A Keys





SECRETARY: Mrs A Keys





REGISTERED OFFICE: 38 Salisbury Road
Worthing
West Sussex
BN11 1RD





REGISTERED NUMBER: 04576190 (England and Wales)





ACCOUNTANTS: MastersFuller
Chartered Certified Accountants
38 Salisbury Road
Worthing
West Sussex
BN11 1RD

LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,407 75,825
Investment property 6 360,000 360,000
407,407 435,825

CURRENT ASSETS
Debtors 7 31,045 53,919
Cash at bank 467,236 492,784
498,281 546,703
CREDITORS
Amounts falling due within one year 8 13,820 20,154
NET CURRENT ASSETS 484,461 526,549
TOTAL ASSETS LESS CURRENT
LIABILITIES

891,868

962,374

PROVISIONS FOR LIABILITIES 19,624 19,624
NET ASSETS 872,244 942,750

CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 9 83,661 83,661
Retained earnings 788,573 859,079
SHAREHOLDERS' FUNDS 872,244 942,750

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)

Balance Sheet - continued
31st December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th May 2025 and were signed on its behalf by:





L Keys - Director


LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

LJK Sales & Marketing 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents commissions receivable, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Fair Value Reserve.

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 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 31,600
AMORTISATION
At 1st January 2024
and 31st December 2024 31,600
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

5. TANGIBLE FIXED ASSETS
Office Motor
equipment vehicles Totals
£    £    £   
COST
At 1st January 2024 18,522 116,374 134,896
Additions 1,247 - 1,247
At 31st December 2024 19,769 116,374 136,143
DEPRECIATION
At 1st January 2024 17,978 41,093 59,071
Charge for year 612 29,053 29,665
At 31st December 2024 18,590 70,146 88,736
NET BOOK VALUE
At 31st December 2024 1,179 46,228 47,407
At 31st December 2023 544 75,281 75,825

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024
and 31st December 2024 360,000
NET BOOK VALUE
At 31st December 2024 360,000
At 31st December 2023 360,000

Fair value at 31st December 2024 is represented by:
£   
Valuation in 2015 73,286
Valuation in 2020 30,000
Cost 256,714
360,000

If the properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 256,714 256,714

Investment properties were valued on a fair value basis on 31st December 2024 by Mr L Keys .

LJK SALES & MARKETING LIMITED (REGISTERED NUMBER: 04576190)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,333 1,386
Other debtors 14,712 52,533
31,045 53,919

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 12,069 18,358
Other creditors 1,751 1,796
13,820 20,154

9. RESERVES
Fair
value
reserve
£   
At 1st January 2024
and 31st December 2024 83,661