Company Registration No. 11624787 (England and Wales)
Ligo Consulting Limited
Unaudited accounts
for the year ended 31 October 2023
Ligo Consulting Limited
Unaudited accounts
Contents
Ligo Consulting Limited
Company Information
for the year ended 31 October 2023
Director
Mr Guy Warrington
Company Number
11624787 (England and Wales)
Registered Office
School Master's House
39 College Street
Petersfield
GU31 4AG
United Kingdom
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Ligo Consulting Limited
Statement of financial position
as at 31 October 2023
Tangible assets
79,227
86,520
Investment property
706,602
-
Cash at bank and in hand
19,105
111,462
Creditors: amounts falling due within one year
(622,661)
(21,738)
Net current (liabilities)/assets
(601,058)
114,970
Net assets
184,771
201,490
Called up share capital
8
8
Profit and loss account
184,763
201,482
Shareholders' funds
184,771
201,490
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 6 March 2024 and were signed on its behalf by
Mr Guy Warrington
Director
Company Registration No. 11624787
Ligo Consulting Limited
Notes to the Accounts
for the year ended 31 October 2023
Ligo Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 11624787. The registered office is School Master's House, 39 College Street, Petersfield, GU31 4AG, United Kingdom.
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:
Plant & machinery
Reducing balance 25%
Computer equipment
Reducing balance 25%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2022
30,387
80,370
110,757
Disposals
-
(1,133)
(1,133)
At 31 October 2023
30,387
86,399
116,786
At 1 November 2022
-
24,237
24,237
Charge for the year
-
13,322
13,322
At 31 October 2023
-
37,559
37,559
At 31 October 2023
30,387
48,840
79,227
At 31 October 2022
30,387
56,133
86,520
At 31 October 2023
706,602
Ligo Consulting Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
2,498
1,959
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,834
6,797
Taxes and social security
2,102
6,049
Loans from directors
612,122
8,892
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).