Company Registration No. 09498601 (England and Wales)
LIPAME LTD
Filleted accounts
for the year ended 31 March 2023
LIPAME LTD
Filleted accounts
Contents
LIPAME LTD
Company Information
for the year ended 31 March 2023
Directors
Audrius Kavaliauskas
Vaidas Kavaliauskas
Company Number
09498601 (England and Wales)
Registered Office
2 BROCKLEY CRESCENT
IPSWICH
IP1 5HT
ENGLAND
Accountants
Klevas Consulting Ltd
OneSixSix
166 College Road
Harrow
Middlesex
HA1 1BH
LIPAME LTD
Statement of financial position
as at 31 March 2023
Tangible assets
47,143
30,847
Cash at bank and in hand
(4,545)
22,635
Creditors: amounts falling due within one year
(79,090)
(40,372)
Net current assets
40,030
21,216
Total assets less current liabilities
87,173
52,063
Creditors: amounts falling due after more than one year
(32,490)
(43,480)
Called up share capital
100
100
Profit and loss account
54,583
8,483
Shareholders' funds
54,683
8,583
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 5 September 2023 and were signed on its behalf by
Audrius Kavaliauskas
Director
Company Registration No. 09498601
LIPAME LTD
Notes to the Accounts
for the year ended 31 March 2023
LIPAME LTD is a private company, limited by shares, registered in England and Wales, registration number 09498601. The registered office is 2 BROCKLEY CRESCENT, IPSWICH, IP1 5HT, ENGLAND.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,372
40,090
46,462
Additions
2,249
28,400
30,649
At 31 March 2023
8,621
68,490
77,111
At 1 April 2022
1,716
13,899
15,615
Charge for the year
1,275
13,078
14,353
At 31 March 2023
2,991
26,977
29,968
At 31 March 2023
5,630
41,513
47,143
At 31 March 2022
4,656
26,191
30,847
Amounts falling due within one year
Trade debtors
123,665
38,953
LIPAME LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,228
19,395
Taxes and social security
36,651
17,244
Loans from directors
20,211
2,342
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).
