Librade Ltd 09124705 providing an algorithmic stock market trading platform false 1 August 2022 09124705 2022-08-01 2023-07-31 09124705 2022-07-31 09124705 2023-07-31 09124705 2021-08-01 2022-07-31 09124705 2021-07-31 09124705 2022-07-31 09124705 frs102-bus:FRS102 2022-08-01 2023-07-31 09124705 frs102-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09124705 frs102-bus:FullAccounts 2022-08-01 2023-07-31 09124705 frs102-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 09124705 frs102-core:CurrentFinancialInstruments 2023-07-31 09124705 frs102-core:CurrentFinancialInstruments 2022-07-31 09124705 frs102-core:ShareCapital 2023-07-31 09124705 frs102-core:ShareCapital 2022-07-31 09124705 frs102-core:RetainedEarningsAccumulatedLosses 2023-07-31 09124705 frs102-core:RetainedEarningsAccumulatedLosses 2022-07-31 09124705 frs102-bus:Director1 2022-08-01 2023-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09124705
Librade Ltd
Unaudited Accounts
for the year ended
31 July 2023
Librade Ltd
Balance Sheet
as at 31 July 2023
Notes
2023
£
2022
£
Creditors: amounts falling due within one year 3 (5,830) (5,548)
Net current assets / (liabilities) (5,830) (5,548)
Total assets less current liabilities (5,830) (5,548)
Provisions for liabilities (0) (0)
Accruals and deferred income (250) (250)
Total net assets (liabilities) (6,080) (5,798)
Capital and reserves
Called up share capital 4 1,000 1,000
Profit and loss account (7,080) (6,798)
Shareholders' funds (6,080) (5,798)

Librade Ltd
Balance Sheet
as at 31 July 2023



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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr T Fecko

Director


Approved by the board on 6 March 2024

Company Number: 09124705 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

20-22 Wenlock Road
London
N1 7GU
England

Librade Ltd
Notes to the Accounts
for the year ended 31 July 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The company is funded by a loan from the director. The director has considered the next 12 months and due to the director's continued support by way of the loan, the director has considered it appropriate to prepare the financial statements on the going concern basis.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer refunds and other similar allowances. Revenue from the sale of services is recognised when services are provided.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2023 2022
Average number of employees during the period 0 0

3. Creditors: amounts falling due within one year
2023 2022
£ £
Bank Loans & Overdrafts 2,923 2,964
Trade creditors 242 253
Other creditors 2,665 2,331
5,830 5,548

4. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
100,000 (2022: 100,000) Ord shares of £0.01 each 1,000 1,000
1,000 1,000