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REGISTERED NUMBER: 08280989 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

LJ PROCUREMENT LIMITED

LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LJ PROCUREMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTOR: Miss L James





REGISTERED OFFICE: 9 High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF





REGISTERED NUMBER: 08280989 (England and Wales)





ACCOUNTANTS: Camfield Chapman Lowe
9a High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF

LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,891 10,583

CURRENT ASSETS
Debtors 5 1,601 3,250
Cash at bank 31,872 59,198
33,473 62,448
CREDITORS
Amounts falling due within one year 6 42,467 57,752
NET CURRENT (LIABILITIES)/ASSETS (8,994 ) 4,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

897

15,279

PROVISIONS FOR LIABILITIES 768 493
NET ASSETS 129 14,786

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 127 14,784
129 14,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)

STATEMENT OF FINANCIAL POSITION - continued
30TH NOVEMBER 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 director and authorised for issue on 7th August 2025 and were signed by:





Miss L James - Director


LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

LJ Procurement 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st December 2023 6,600 7,961 15,793 30,354
Additions - - 2,075 2,075
At 30th November 2024 6,600 7,961 17,868 32,429
DEPRECIATION
At 1st December 2023 - 7,961 11,810 19,771
Charge for year 1,320 - 1,447 2,767
At 30th November 2024 1,320 7,961 13,257 22,538
NET BOOK VALUE
At 30th November 2024 5,280 - 4,611 9,891
At 30th November 2023 6,600 - 3,983 10,583

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,250
Other debtors 1,601 -
1,601 3,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,119 3,024
Taxation and social security 32,774 49,715
Other creditors 4,574 5,013
42,467 57,752

LJ PROCUREMENT LIMITED (REGISTERED NUMBER: 08280989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2024 and 30th November 2023:

2024 2023
£    £   
Miss L James
Balance outstanding at start of year - -
Amounts advanced 6,034 -
Amounts repaid (4,433 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,601 -

Directors loans are interest free and repayable on demand.