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Company Registration No. 06414064 (England and Wales)
Loyalty Connections Ltd Unaudited accounts for the year ended 31 December 2022
Loyalty Connections Ltd Unaudited accounts Contents
Page
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Loyalty Connections Ltd Company Information for the year ended 31 December 2022
Directors
Stephen Gary Alliston Kim Patricia Williams
Secretary
Kim Patricia Williams
Company Number
06414064 (England and Wales)
Registered Office
7 Old Crossing Road Margate Kent CT9 5JQ
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Loyalty Connections Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,190,723 
312,979 
Current assets
Debtors
492,603 
192,304 
Cash at bank and in hand
740,534 
45,143 
1,233,137 
237,447 
Creditors: amounts falling due within one year
(803,212)
(145,206)
Net current assets
429,925 
92,241 
Total assets less current liabilities
1,620,648 
405,220 
Creditors: amounts falling due after more than one year
(415,597)
(150,900)
Provisions for liabilities
Deferred tax
- 
(4,422)
Net assets
1,205,051 
249,898 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,204,951 
249,798 
Shareholders' funds
1,205,051 
249,898 
For the year ending 31 December 2022 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 20 November 2023 and were signed on its behalf by
Stephen Gary Alliston Director Company Registration No. 06414064
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Loyalty Connections Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Loyalty Connections Ltd is a private company, limited by shares, registered in England and Wales, registration number 06414064. The registered office is 7 Old Crossing Road, Margate, Kent, CT9 5JQ.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2022
5,585 
1,027,211 
28,016 
8,561 
1,069,373 
Additions
92,542 
1,312,727 
10,595 
18,897 
1,434,761 
At 31 December 2022
98,127 
2,339,938 
38,611 
27,458 
2,504,134 
Depreciation
At 1 January 2022
2,523 
743,853 
7,004 
3,014 
756,394 
Charge for the year
14,340 
526,708 
7,902 
8,067 
557,017 
At 31 December 2022
16,863 
1,270,561 
14,906 
11,081 
1,313,411 
Net book value
At 31 December 2022
81,264 
1,069,377 
23,705 
16,377 
1,190,723 
At 31 December 2021
3,062 
283,358 
21,012 
5,547 
312,979 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
254,996 
62,805 
Trade debtors
231,188 
103,172 
Other debtors
6,419 
26,327 
492,603 
192,304 
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Loyalty Connections Ltd Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
642,830 
18,907 
Taxes and social security
54,317 
29,076 
Other creditors
12,310 
(1,691)
Loans from directors
92,505 
98,164 
Accruals
1,250 
750 
803,212 
145,206 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
32,120 
43,110 
Other creditors
355,435 
107,790 
Taxes and social security
28,042 
- 
415,597 
150,900 
8
Average number of employees
During the year the average number of employees was 6 (2021: 6).
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