Company Registration No. 08387088 (England and Wales)
Lv Quality Ltd
Unaudited accounts
for the year ended 28 February 2025
Lv Quality Ltd
Unaudited accounts
Contents
Lv Quality Ltd
Company Information
for the year ended 28 February 2025
Company Number
08387088 (England and Wales)
Registered Office
28 HENDALE AVENUE
LONDON
NW4 4LR
Lv Quality Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
30,730
1,610
Cash at bank and in hand
27,297
9,549
Creditors: amounts falling due within one year
(4,825)
(1,099)
Net current assets
23,153
11,622
Total assets less current liabilities
53,883
13,232
Creditors: amounts falling due after more than one year
(40,167)
(5,820)
Called up share capital
100
100
Profit and loss account
13,616
7,312
Shareholders' funds
13,716
7,412
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2025 and were signed on its behalf by
Adrian Lazar
Director
Company Registration No. 08387088
Lv Quality Ltd
Notes to the Accounts
for the year ended 28 February 2025
Lv Quality Ltd is a private company, limited by shares, registered in England and Wales, registration number 08387088. The registered office is 28 HENDALE AVENUE, LONDON, NW4 4LR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
-
2,827
2,827
Additions
36,501
302
36,803
At 28 February 2025
36,501
3,129
39,630
At 1 March 2024
-
1,217
1,217
Charge for the year
7,300
383
7,683
At 28 February 2025
7,300
1,600
8,900
At 28 February 2025
29,201
1,529
30,730
At 29 February 2024
-
1,610
1,610
Lv Quality Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,934
3,076
Loans from directors
1,209
(2,933)
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
40,167
-
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).