LUNDSBERG CONSULTING LIMITED |
Registered number: |
07621745 |
Balance Sheet |
as at 29 February 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Current assets |
Debtors |
3 |
|
- |
|
|
23,198 |
Cash at bank and in hand |
|
|
8,749 |
|
|
750,804 |
|
|
|
8,749 |
|
|
774,002 |
|
Creditors: amounts falling due within one year |
4 |
|
(8,649) |
|
|
(45,786) |
|
Net current assets |
|
|
|
100 |
|
|
728,216 |
|
Net assets |
|
|
|
100 |
|
|
728,216 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
- |
|
|
728,116 |
|
Shareholders' funds |
|
|
|
100 |
|
|
728,216 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
L Lundsberg-Nielsen |
Director |
Approved by the board on 1 March 2024 |
|
LUNDSBERG CONSULTING LIMITED |
Notes to the Accounts |
for the period from 1 April 2023 to 29 February 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have not been prepared on the going concern basis as the company has ceased trading but subject to this have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration receivable in respect of work undertaken and comprises revenue earned from the rendering of services including recharged expenses. These are included in turnover when an invoice is issued on completion of the assignment or contract or at agreed stage payments dates if earlier. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. All differences are charged or credited to profit and loss. |
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
- |
|
23,198 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Taxation and social security costs |
5,649 |
|
23,623 |
|
Directors' loan account |
- |
|
17,704 |
|
Accruals |
3,000 |
|
4,459 |
|
|
|
|
|
|
8,649 |
|
45,786 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
A dividend of £752,341 was paid to the parent company on 23 February 2024. |
|
|
6 |
Controlling party |
|
|
Until 22 February 2024 and throughout the previous period the company has been under the control of Dr Line Lundsberg, a director and shareholder. From 22 February 2024 the company has been under the control of Lundsberg Consulting Holdings ApS, a company incorporated in Denmark of which Dr Line Lundsberg is the sole shareholder. |
|
|
7 |
Other information |
|
|
Lundsberg Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is Dawes Court House, Dawes Court, High Street, Esher, KT10 9QD. |