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REGISTERED NUMBER: 08358966 (England and Wales)



















LIGHT BLUE ADVICE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023






LIGHT BLUE ADVICE LIMITED (REGISTERED NUMBER: 08358966)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


LIGHT BLUE ADVICE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr J Kornbluh





SECRETARIES: Mr M Kornbluh
Mrs F Kornbluh





REGISTERED OFFICE: 82 Kyverdale Road
London
N16 6PL





REGISTERED NUMBER: 08358966 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

LIGHT BLUE ADVICE LIMITED (REGISTERED NUMBER: 08358966)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 178,181 130,335
Cash at bank 978 41,964
179,159 172,299
CREDITORS
Amounts falling due within one year 6 44,686 31,148
NET CURRENT ASSETS 134,473 141,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,473

141,151

CREDITORS
Amounts falling due after more than one
year

7

22,717

32,117
NET ASSETS 111,756 109,034

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 111,755 109,033
SHAREHOLDERS' FUNDS 111,756 109,034

LIGHT BLUE ADVICE LIMITED (REGISTERED NUMBER: 08358966)

BALANCE SHEET - continued
31 JANUARY 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





Mr J Kornbluh - Director


LIGHT BLUE ADVICE LIMITED (REGISTERED NUMBER: 08358966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Light Blue Advice 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised at the fair value of the consideration receivable in respect of services provided in the normal course of business. The turnover of the company is represented by rents and charges receivable in respect of the company's investment portfolio. Rental income is accounted for on an accruals basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 178,181 130,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,400 9,400
Taxation and social security 18,898 18,260
Other creditors 16,388 3,488
44,686 31,148

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 22,717 32,117

LIGHT BLUE ADVICE LIMITED (REGISTERED NUMBER: 08358966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. RELATED PARTY DISCLOSURES

Other debtors include amounts aggregating £178,181 (2022: £122,631) due from a related company under common control.

Other creditors include amounts aggregating £3,952 (2022: £Nil) due to a related company under common control.