LONDON TRUST LIMITED

Company Registration Number:
02723067 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 April 2024

End date: 31 May 2024

LONDON TRUST LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

LONDON TRUST LIMITED

Balance sheet

As at 31 May 2024


Notes

31 May 2024

31 March 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 0 3,472,313
Investments: 3 4,485,848 953,431
Total current assets: 4,485,848 4,425,744
Creditors: amounts falling due within one year: 4 (304,675) (4,524,113)
Net current assets (liabilities): 4,181,173 (98,369)
Total assets less current liabilities: 4,181,173 (98,369)
Creditors: amounts falling due after more than one year: 5 (4,239,615) 0
Provision for liabilities: 0 0
Total net assets (liabilities): (58,442) (98,369)
Capital and reserves
Called up share capital: 110 110
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (58,552) (98,479)
Shareholders funds: (58,442) (98,369)

The notes form part of these financial statements

LONDON TRUST LIMITED

Balance sheet statements

For the year ending 31 May 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 August 2024
and signed on behalf of the board by:

Name: Mark Ashley BRUCE-SMITH
Status: Director

The notes form part of these financial statements

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Valuation and information policy

Traded securities are valued at market value and not historical cost.

Other accounting policies

Securites are booked on a cash basis and the accruals concept in this case is disregarded.

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

31 May 2024 31 March 2024
Average number of employees during the period 1 1

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Current investments

Current investments are comprised of traded securities on primary stock markets in the USA such as the NYSE and NASDAQ.

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

The amount shown is money owed to beneficial owners of the company's ordinary share capital only.

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due after more than one year note

The amount shown is money owed to beneficial owners of the company's ordinary share capital only. Repayment terms stipulate that the Company must either be wound up or made dormant prior to any cash settlement otherwise no demand for repayment may be made.

LONDON TRUST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Financial commitments

Traded securities are settled two days after purchase but not accounted for on the company's balance sheet until that settlement is made.