Lizard Tech Solutions Limited


FINANCIAL STATEMENTS


for the year ended 31st January 2025



Lizard Tech Solutions Limited

CONTENTS

for the year ended 31st January 2025







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Lizard Tech Solutions Limited

Company No. 09392708

STATEMENT OF FINANCIAL POSITION

as at 31st January 2025

20252024
Note£££
FIXED ASSETS
Property, plant and equipment433583477
33583477
CURRENT ASSETS
Stocks57706595659
Debtors65325752742
Cash at bank and in hand40277117911
170599266312
CURRENT LIABILITIES
Creditors: amounts falling due
within one year735505120702
NET CURRENT ASSETS135094145610
TOTAL ASSETS LESS CURRENT LIABILITIES138452149087
 
Creditors: amounts falling due
after more than one year--
 
NET ASSETS138452149087
 
CAPITAL AND RESERVES
Called up share capital100100
Retained earnings138352148987
SHAREHOLDERS FUNDS138452149087

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st January 2025 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 21 October 2025


Josh D K

Director

Company Number 09392708 (England)

Lizard Tech Solutions Limited

NOTES TO THE ACCOUNTS

for the year ended 31st January 2025


1   Statutory information

Lizard Tech Solutions Limited is a private company limited by shares and registered under company number 09392708 in England. Its registered office address is 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent. ME2 4FX.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles25% reducing balance

Stocks

Stocks are valued at the lower of cost and expected selling price less any costs to sell.

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Foreign Currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the reporting date. All differences are taken to the Income Statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.

Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.

3   Employee information

The average number of employees during the accounting period was 7 (2024 - 1).

4   Property, plant and equipment
 
Fixtures
and
FittingsTotal
££
Cost
At 1st February 2024 and
At 31st January 20252780327803
 
Depreciation
At 1st February 2024 2432624326
Charge for year119119
At 31st January 20252444524445
 
Net Book Value
At 31st January 202533583358
At 31st January 202434773477

5   Stocks20252024
££
 
Finished goods and goods for resale7706595659
7706595659

The difference between purchase price or production cost of stocks and their replacement cost is not material.


6   Debtors20252024
££
 
Trade Debtors3813952742
Other debtors15118-
5325752742

7   Creditors: amounts falling due within one year20252024
££
 
Trade Creditors20568108972
Taxes and social security costs95256553
Other creditors54125177
35505120702

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