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REGISTERED NUMBER: 08585140 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LONDON LABORATORIES LTD

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONDON LABORATORIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: L Vidler





REGISTERED OFFICE: 9 Main Road
Hextable
Kent
BR8 7RB





REGISTERED NUMBER: 08585140 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,703 139,695

CURRENT ASSETS
Debtors 5 142,642 401,482
Cash at bank and in hand 412,496 64,341
555,138 465,823
CREDITORS
Amounts falling due within one year 6 139,319 172,228
NET CURRENT ASSETS 415,819 293,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

524,522

433,290

CREDITORS
Amounts falling due after more than one
year

7

-

(4,108

)

PROVISIONS FOR LIABILITIES 9 (27,176 ) (34,924 )
NET ASSETS 497,346 394,258

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 497,344 394,256
SHAREHOLDERS' FUNDS 497,346 394,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2024 and were signed by:





L Vidler - Director


LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

London Laboratories Ltd 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% per annum on reducing balance
Fixtures and fittings - 15% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 33% per annum on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 57,978 40,935 132,919 20,003 251,835
Additions - - - 3,202 3,202
At 30 September 2023 57,978 40,935 132,919 23,205 255,037
DEPRECIATION
At 1 October 2022 35,405 24,866 35,909 15,960 112,140
Charge for year 5,643 2,410 24,253 1,888 34,194
At 30 September 2023 41,048 27,276 60,162 17,848 146,334
NET BOOK VALUE
At 30 September 2023 16,930 13,659 72,757 5,357 108,703
At 30 September 2022 22,573 16,069 97,010 4,043 139,695

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 132,165 123,127
Amounts owed by group undertakings - 272,050
Prepayments 10,477 6,305
142,642 401,482

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) 4,170 67,744
Trade creditors 6,931 11,581
Tax 41,479 32,632
Social security and other taxes 5,283 10,039
VAT 37,316 22,803
Other creditors 2,231 2,048
Credit Card 115 885
Accruals and deferred income 41,794 24,496
139,319 172,228

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) - 4,108

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 4,170 67,744
Between one and five years - 4,108
4,170 71,852

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 27,176 34,924

Deferred
tax
£   
Balance at 1 October 2022 34,924
Deferred tax (7,748 )
Balance at 30 September 2023 27,176

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

LONDON LABORATORIES LTD (REGISTERED NUMBER: 08585140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

11. RESERVES
Retained
earnings
£   

At 1 October 2022 394,256
Profit for the year 123,088
Dividends (20,000 )
At 30 September 2023 497,344

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date L Vidler, the director and shareholder, owed £Nil (2022: £NIL) to the company.