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Registered Number: 14099897


 

 

 

LABREADY LTD


Abridged Accounts
 


Period of accounts

Start date: 11 May 2022

End date: 31 May 2023
 
 
Notes
 
2023
£
Current assets    
Cash at bank and in hand 1,932 
Creditors: amount falling due within one year (8,128)
Net current liabilities (6,196)
 
Total assets less current liabilities (6,196)
Net liabilities (6,196)
 

Capital and reserves
   
Called up share capital 3 1 
Profit and loss account (6,197)
Shareholder's funds (6,196)
 


For the period ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 10 February 2024 and were signed by:


-------------------------------
WEISMAN Leonard
Director
1
General Information
LABREADY LTD is a private company, limited by shares, registered in , registration number 14099897, registration address NEXUS, DISCOVERY WAY, UNIVERSITY OF LEEDS LEEDS, LS2 3AA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Government grants
Government grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred. 
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
2.

Average number of employees

Average number of employees during the period was 1.
3.

Share Capital

Allotted, called up and fully paid
2023
£
1 Class A share of £1.00 each

2