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Company Registration No. 09114621 (England and Wales)
Liad Limited Filleted Accounts for the year ended 31 July 2023
Liad Limited Filleted Accounts Contents
Page
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Liad Limited Company Information for the year ended 31 July 2023
Director
E. Mizrachi
Company Number
09114621 (England and Wales)
Registered Office
Sapphire House 73 St Margarets Avenue Whetstone London N20 9LD
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
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Liad Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,174 
1,868 
Current assets
Debtors
41,666 
16,869 
Cash at bank and in hand
167,256 
244,331 
208,922 
261,200 
Creditors: amounts falling due within one year
(160,652)
(227,699)
Net current assets
48,270 
33,501 
Net assets
50,444 
35,369 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,344 
35,269 
Shareholders' funds
50,444 
35,369 
For the year ending 31 July 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 2 April 2024 and were signed on its behalf by
E. Mizrachi Director Company Registration No. 09114621
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Liad Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Liad Limited is a private company, limited by shares, registered in England and Wales, registration number 09114621. The registered office is Sapphire House, 73 St Margarets Avenue, Whetstone, London, N20 9LD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover and (Loss) represents net fees receivable, excluding Value Added Tax.
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:
Fixtures & fittings
Reducing balance method at 20% per annum.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
3,256 
Additions
849 
At 31 July 2023
4,105 
Depreciation
At 1 August 2022
1,388 
Charge for the year
543 
At 31 July 2023
1,931 
Net book value
At 31 July 2023
2,174 
At 31 July 2022
1,868 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
41,666 
16,869 
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Liad Limited Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,811 
5,920 
Other creditors
116,423 
116,423 
Loans from directors
32,853 
103,804 
Accruals
1,565 
1,552 
160,652 
227,699 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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