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REGISTERED NUMBER: 09971860 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 January 2023

for

London58 Limited

London58 Limited (Registered number: 09971860)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4


London58 Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: M Cik





REGISTERED OFFICE: Coach House
Ealing Green
London
W5 5ER





REGISTERED NUMBER: 09971860 (England and Wales)






London58 Limited (Registered number: 09971860)

Report of the Director
for the Year Ended 31 January 2023

The director presents his report with the financial statements of the company for the year ended 31 January 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of luxury property marketing and design.

DIRECTOR
M Cik held office during the whole of the period from 1 February 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M Cik - Director


17 October 2023

London58 Limited (Registered number: 09971860)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,460 3,790

CURRENT ASSETS
Debtors 5 8,599 17,600
Cash at bank and in hand 47,986 49,574
56,585 67,174
CREDITORS
Amounts falling due within one year 6 24,215 41,281
NET CURRENT ASSETS 32,370 25,893
TOTAL ASSETS LESS CURRENT LIABILITIES 38,830 29,683

CREDITORS
Amounts falling due after more than one
year

7

7,896

18,696
NET ASSETS 30,934 10,987

CAPITAL AND RESERVES
Called up share capital 2,002 2,002
Retained earnings 28,932 8,985
SHAREHOLDERS' FUNDS 30,934 10,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





M Cik - Director


London58 Limited (Registered number: 09971860)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

London58 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2022 - 1,007 13,273 14,280
Additions 4,823 - - 4,823
At 31 January 2023 4,823 1,007 13,273 19,103
DEPRECIATION
At 1 February 2022 - 689 9,801 10,490
Charge for year 1,206 - 868 2,074
Eliminated on disposal - 79 - 79
At 31 January 2023 1,206 768 10,669 12,643
NET BOOK VALUE
At 31 January 2023 3,617 239 2,604 6,460
At 31 January 2022 - 318 3,472 3,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 8,599 17,600

London58 Limited (Registered number: 09971860)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 7,349 18,347
Tax 12,855 7,405
VAT 2,761 3,279
Other creditors & accruals 1,250 1,250
Directors' current accounts - 11,000
24,215 41,281

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Other loans - 2-5 years 7,896 18,696