1 January 2021 false No description of principal activity Taxfiler 2022.8.3 08343723business:PrivateLimitedCompanyLtd2021-01-012021-12-31 083437232020-12-31 083437232021-01-012021-12-31 08343723business:AuditExemptWithAccountantsReport2021-01-012021-12-31 08343723business:FullAccounts2021-01-012021-12-31 083437232021-12-31 08343723business:Director12021-01-012021-12-31 08343723business:Director22021-01-012021-12-31 08343723business:RegisteredOffice2021-01-012021-12-31 083437232020-12-31 08343723core:WithinOneYear2021-12-31 08343723core:WithinOneYear2020-12-31 08343723core:AfterOneYear2021-12-31 08343723core:AfterOneYear2020-12-31 08343723core:ShareCapital2021-12-31 08343723core:ShareCapital2020-12-31 08343723core:RetainedEarningsAccumulatedLosses2021-12-31 08343723core:RetainedEarningsAccumulatedLosses2020-12-31 08343723business:SmallEntities2021-01-012021-12-31 08343723countries:EnglandWales2021-01-012021-12-31 08343723core:ComputerEquipment2021-01-012021-12-31 08343723core:ComputerEquipment2020-12-31 08343723core:ComputerEquipment2021-12-31 083437232020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08343723 (England and Wales)
Lion Training Limited Unaudited accounts for the year ended 31 December 2021
Lion Training Limited Unaudited accounts Contents
Page
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Lion Training Limited Company Information for the year ended 31 December 2021
Directors
L Hackenbroch Y Hackenbroch
Company Number
08343723 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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Lion Training Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,873 
1,716 
Current assets
Debtors
9,837 
11,120 
Cash at bank and in hand
16,911 
42,327 
26,748 
53,447 
Creditors: amounts falling due within one year
(24,758)
(28,832)
Net current assets
1,990 
24,615 
Total assets less current liabilities
3,863 
26,331 
Creditors: amounts falling due after more than one year
- 
(20,000)
Net assets
3,863 
6,331 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,763 
6,231 
Shareholders' funds
3,863 
6,331 
For the year ending 31 December 2021 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 12 September 2022 and were signed on its behalf by
L Hackenbroch Director Company Registration No. 08343723
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Lion Training Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Lion Training Limited is a private company, limited by shares, registered in England and Wales, registration number 08343723. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
2,982 
Additions
500 
At 31 December 2021
3,482 
Depreciation
At 1 January 2021
1,266 
Charge for the year
343 
At 31 December 2021
1,609 
Net book value
At 31 December 2021
1,873 
At 31 December 2020
1,716 
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Lion Training Limited Notes to the Accounts for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
9,337 
10,620 
Other debtors
500 
500 
9,837 
11,120 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
5,911 
4,402 
Trade creditors
- 
2,807 
Taxes and social security
1,152 
2,978 
Other creditors
2,173 
- 
Loans from directors
15,522 
18,645 
24,758 
28,832 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
- 
20,000 
8
Transactions with related parties
Included within other creditors is an amount of £15,522 (2020: £18,645) due to the directors of the company.
9
Average number of employees
During the year the average number of employees was 3 (2020: 2).
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