Company Registration No. 05502065 (England and Wales)
London Solutions Ltd
Unaudited accounts
for the year ended 31 January 2023
London Solutions Ltd
Unaudited accounts
Contents
London Solutions Ltd
Company Information
for the year ended 31 January 2023
Directors
Mr Abbas Saremi
Mr Hassan Hashemi
Company Number
05502065 (England and Wales)
Registered Office
4 Montpelier Street
London
SW7 1EE
Accountants
HBS Accountancy Limited
20 Silvercliffe Gardens
New Barnet
Herts
EN4 9QT
London Solutions Ltd
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
10,050
50,582
Creditors: amounts falling due within one year
(14,168)
(25,729)
Net current assets
103,618
119,141
Net assets
104,798
120,037
Called up share capital
1,000
1,000
Profit and loss account
103,798
119,037
Shareholders' funds
104,798
120,037
For the year ending 31 January 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 12 October 2023 and were signed on its behalf by
Mr Abbas Saremi
Director
Company Registration No. 05502065
London Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2023
London Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 05502065. The registered office is 4 Montpelier Street, London, SW7 1EE.
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:
Fixtures & fittings
25% on written down value
Computer equipment
25% on written down value
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
45,931
8,702
54,633
At 31 January 2023
46,609
8,702
55,311
At 1 February 2022
45,771
7,966
53,737
Charge for the year
210
184
394
At 31 January 2023
45,981
8,150
54,131
At 31 January 2023
628
552
1,180
At 31 January 2022
160
736
896
London Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Other debtors
88,000
88,000
Amounts falling due after more than one year
Accrued income and prepayments
10,579
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,248
16,548
Taxes and social security
3,420
4,556
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).