Company No:
Contents
DIRECTORS | Mark David Goodhead |
David Cooper Prime |
REGISTERED OFFICE | 199 Chiltern Court |
188 Baker Street | |
London | |
NW1 5SD | |
England | |
United Kingdom |
COMPANY NUMBER | 12477109 (England and Wales) |
ACCOUNTANT | OnTheGo Accountants Limited |
330 Holborn Gate | |
High Holborn | |
London | |
WC1V 7QH |
2023 | 2022 | |||
£ | £ | |||
Current assets | ||||
Debtors |
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70,197 | 9 | |||
Net current assets | 70,197 | 9 | ||
Total assets less current liabilities | 70,197 | 9 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 3 |
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Share premium account |
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Other reserves |
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Profit and loss account | (
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Longshot Systems Holding Ltd (registered number:
Mark David Goodhead
Director |
Called-up share capital | Share premium account | Other reserves | Profit and loss account | Total | |||||
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At 01 February 2021 |
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Total comprehensive income |
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At 31 January 2022 |
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At 01 February 2022 |
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Loss for the financial year |
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Total comprehensive loss |
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Issue of share capital |
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Credit to equity for equity settled share-based payment |
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At 31 January 2023 |
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The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Longshot Systems Holding Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 199 Chiltern Court, 188 Baker Street, London, NW1 5SD, England, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Equity-settled share-based payment transactions are measured at fair value at the date of grant. The fair value determined at the grant date of the equity-settled share-based payments is expensed on a straight-line basis over the vesting period, based on the Company’s estimate of shares that will eventually vest and adjusted for the effect of non-market-based vesting conditions.
Fair value is measured by use of the exercise price which is considered by management to be the most appropriate method of valuation. The expected life used in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioural considerations.
Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.
2023 | 2022 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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2023 | 2022 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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8.63 | 8.50 |
Transactions with entities in which the entity itself has a participating interest
2023 | 2022 | ||
£ | £ | ||
Amount owed to the company by Longshot Systems Ltd | 70,189 | 0 |
Transactions with the entity's directors
2023 | 2022 | ||
£ | £ | ||
Amounts owed to the company by the directors | 8 | 9 |