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REGISTERED NUMBER: 03243499 (England and Wales)



















LISA TIMBER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 NOVEMBER 2024






LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LISA TIMBER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: D V Bhudia





SECRETARY: Mrs J Bhudia





REGISTERED OFFICE: 53 Park Royal Road
Park Royal
London
NW10 7LQ





REGISTERED NUMBER: 03243499 (England and Wales)





ACCOUNTANTS: C. Jay & Co.
Chartered Certified Accountants
CJ House
99A Cobbold Road
London
NW10 9SL

LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 4,838 6,451
Investment property 5 3,177,775 3,177,775
3,182,613 3,184,226

CURRENT ASSETS
Debtors 6 1,474,543 1,371,329
Cash at bank 163,691 127,125
1,638,234 1,498,454
CREDITORS
Amounts falling due within one year 7 101,093 92,521
NET CURRENT ASSETS 1,537,141 1,405,933
TOTAL ASSETS LESS CURRENT LIABILITIES 4,719,754 4,590,159

CREDITORS
Amounts falling due after more than one
year

8

105,397

226,077
NET ASSETS 4,614,357 4,364,082

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 4,613,357 4,363,082
SHAREHOLDERS' FUNDS 4,614,357 4,364,082

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

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

The director acknowledges his 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.

LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

BALANCE SHEET - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2025 and were signed by:





D V Bhudia - Director


LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

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


1. STATUTORY INFORMATION

Lisa Timber 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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 NIL (2023 - NIL).

LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2023
and 30 November 2024 573,937
DEPRECIATION
At 1 December 2023 567,486
Charge for year 1,613
At 30 November 2024 569,099
NET BOOK VALUE
At 30 November 2024 4,838
At 30 November 2023 6,451

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 December 2023
and 30 November 2024 3,177,775
NET BOOK VALUE
At 30 November 2024 3,177,775
At 30 November 2023 3,177,775

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 14,824 20,000
Other debtors 1,459,719 1,351,329
1,474,543 1,371,329

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 99,818 91,246
Other creditors 1,275 1,275
101,093 92,521

LISA TIMBER LIMITED (REGISTERED NUMBER: 03243499)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 70,290 190,970
Other creditors 35,107 35,107
105,397 226,077