LGDN Cross Stream Limited 14222523 true 2022-07-08 2023-09-30 2023-09-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true O M Humphries D Lumsden-Earle W R Thresher true false 14222523 2022-07-08 2023-09-30 14222523 2023-09-30 14222523 bus:OrdinaryShareClass1 2023-09-30 14222523 core:ShareCapital 2023-09-30 14222523 bus:FRS102 2022-07-08 2023-09-30 14222523 bus:AuditExempt-NoAccountantsReport 2022-07-08 2023-09-30 14222523 bus:FullAccounts 2022-07-08 2023-09-30 14222523 bus:RegisteredOffice 2022-07-08 2023-09-30 14222523 bus:Director1 2022-07-08 2023-09-30 14222523 bus:Director2 2022-07-08 2023-09-30 14222523 bus:Director3 2022-07-08 2023-09-30 14222523 bus:OrdinaryShareClass1 2022-07-08 2023-09-30 14222523 bus:EntityHasNeverTraded 2022-07-08 2023-09-30 14222523 bus:PrivateLimitedCompanyLtd 2022-07-08 2023-09-30 14222523 1 2022-07-08 2023-09-30 14222523 1 2022-07-08 2023-09-30 14222523 countries:EnglandWales 2022-07-08 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14222523

LGDN Cross Stream Limited

Annual Report and Unaudited Financial Statements

for the Period from 8 July 2022 to 30 September 2023

 

LGDN Cross Stream Limited

Profit and Loss Account for the Period from 8 July 2022 to 30 September 2023

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

LGDN Cross Stream Limited

(Registration number: 14222523)
Balance Sheet as at 30 September 2023

Note

30 September
2023
£

Current assets

 

Debtors: Amounts falling due after more than one year

4

1

Capital and reserves

 

Called up share capital

5

1

Shareholders' funds

 

1

For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 April 2024 and signed on its behalf by:
 


W R Thresher
Director

 

LGDN Cross Stream Limited

Notes to the Unaudited Financial Statements for the Period from 8 July 2022 to 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 3 Wentworth Lodge
Great North Road
Welwyn Garden City
London
AL8 7SR

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Family First Topco Limited.

The financial statements of Family First Topco Limited may be obtained from Companies House.

Disclosure of long or short period

The financial statements cover a period of 449 days. This is to bring the year end in line with that of its ultimate parent undertaking, Family First Topco Limited.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

LGDN Cross Stream Limited

Notes to the Unaudited Financial Statements for the Period from 8 July 2022 to 30 September 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was as follows:

8 July 2022 to 30 September 2023
 No.

Directors

3

4

Debtors

30 September
2023
£

Amounts owed by group undertakings

1

5

Share capital

Allotted, called up and fully paid shares

 

30 September 2023

 

No.

£

Ordinary Shares of £1 each

1

1

     

6

Parent and ultimate parent undertaking

The company's immediate parent is LGDN Bidco Limited, incorporated in England and Wales.

Up to 1 December 2022, the ultimate parent was LGDN Topco Limited, incorporated in England and Wales. The ultimate controlling party was August Equity Partners IV General Partners LLP.

Since 1 December 2022, the ultimate parent is Family First Topco Limited, incorporated in England and Wales. The ultimate controlling party is August Equity V General Partners LLP.