L.J. Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05738353

L.J. Group Limited

Unaudited financial statements

31 December 2024

L.J. Group Limited

Statement of financial position

31 December 2024

		2024		2023
Note		£	£	£	£
Creditors: Amounts falling due within one year	6	( 71,868)		( 71,868)
		-------		-------
Net current liabilities			( 71,868)		( 71,868)
			-------		-------
Total assets less current liabilities			( 71,868)		( 71,868)
			-------		-------

Capital and reserves

Called up share capital	7	12,225	12,225
Capital redemption reserve		251	251
Profit and loss account		( 84,344)	( 84,344)
		-------	-------
Shareholders deficit		( 71,868)	( 71,868)
		-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Mr C J Rowe

Director

Company registration number: 05738353

L.J. Group Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30-32 Morgan Way, Bowthorpe Employment Area, Bowthorpe, Norwich, Norfolk, NR5 9JJ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Employee numbers

The average number of employees during the year was Nil (2023: Nil).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	84,401
	-------
Impairment
At 1 January 2024 and 31 December 2024	84,401
	-------

Carrying amount
At 31 December 2024	–
	-------
At 31 December 2023	–
	-------

Subsidiaries, associates and other investments

The following are subsidiary undertakings of the Company: L.J. Create Inc The Company owns 100% of the shares of L.J. Create Inc, a Company registered in the United States of America, with the principal activity of the sale and distribution of electronic teaching equipment. Digiac Limited The Company owns 100% of the shares of Digiac Limited, a dormant Company registered in the United Kingdom.

6. Creditors: Amounts falling due within one year

	2024	2023
	£	£
Other creditors	71,868	71,868
	-------	-------

7. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary A shares of £ 1 each	11,003	11,003	11,003	11,003
Ordinary B shares of £ 1 each	1,222	1,222	1,222	1,222
	-------	-------	-------	-------
	12,225	12,225	12,225	12,225
	-------	-------	-------	-------