LMJ ACCOUNTANTS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09205656

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		247,068		247,068
Tangible Assets	5		39,961		39,641

			287,029		286,709
CURRENT ASSETS
Debtors	6	94,470		132,607
Cash at bank and in hand		5,187		34,255

		99,657		166,862
Creditors: Amounts Falling Due Within One Year	7	(66,984 )		(256,913 )

NET CURRENT ASSETS (LIABILITIES)			32,673		(90,051 )

TOTAL ASSETS LESS CURRENT LIABILITIES			319,702		196,658

Creditors: Amounts Falling Due After More Than One Year	8		(268,962 )		(139,923 )

NET ASSETS			50,740		56,735

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			50,640		56,635

SHAREHOLDERS' FUNDS			50,740		56,735

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LMJ ACCOUNTANTS LIMITED

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Javaria Sarmad

Director

30/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

LMJ ACCOUNTANTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09205656 . The registered office is Basepoint Business Centre 110 Butterfield, Great Marlings, Luton, LU2 8DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s

interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at

the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less

accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired

entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which

shall not exceed ten years if a reliable estimate of the useful life cannot be made.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	15% Reducing balance
Fixtures & Fittings	25% Reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2023	247,068

As at 30 September 2024	247,068

Net Book Value
As at 30 September 2024	247,068

As at 1 October 2023	247,068

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LMJ ACCOUNTANTS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 October 2023	13,521	42,913	56,434
Additions	2,704	9,120	11,824

As at 30 September 2024	16,225	52,033	68,258

Depreciation
As at 1 October 2023	3,752	13,041	16,793
Provided during the period	1,185	10,319	11,504

As at 30 September 2024	4,937	23,360	28,297

Net Book Value
As at 30 September 2024	11,288	28,673	39,961

As at 1 October 2023	9,769	29,872	39,641

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	46,493	38,062
Other debtors	47,977	94,545

	94,470	132,607

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	10,956	574
Bank loans and overdrafts	6,997	12,862
Other creditors	27,729	225,558
Taxation and social security	21,302	17,919

	66,984	256,913

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	31,952	32,029
Other creditors	237,010	107,894

	268,962	139,923

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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