1 June 2023 false No description of principal activity Taxfiler 2024.5 07643079business:PrivateLimitedCompanyLtd2023-06-012024-05-31 076430792023-05-31 076430792023-06-012024-05-31 07643079business:AuditExemptWithAccountantsReport2023-06-012024-05-31 07643079business:FilletedAccounts2023-06-012024-05-31 076430792024-05-31 07643079business:Director12023-06-012024-05-31 07643079business:RegisteredOffice2023-06-012024-05-31 076430792023-05-31 07643079core:WithinOneYear2024-05-31 07643079core:WithinOneYear2023-05-31 07643079core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 07643079core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 07643079core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 07643079core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 07643079core:PreviouslyStatedAmount2024-05-31 07643079core:PreviouslyStatedAmount2023-05-31 07643079business:SmallEntities2023-06-012024-05-31 07643079countries:EnglandWales2023-06-012024-05-31 07643079core:MotorVehicles2023-06-012024-05-31 07643079core:FurnitureFittings2023-06-012024-05-31 07643079core:ComputerEquipment2023-06-012024-05-31 07643079core:PlantMachinery2023-05-31 07643079core:MotorVehicles2023-05-31 07643079core:FurnitureFittings2023-05-31 07643079core:PlantMachinery2023-06-012024-05-31 07643079core:PlantMachinery2024-05-31 07643079core:MotorVehicles2024-05-31 07643079core:FurnitureFittings2024-05-31 07643079business:OrdinaryShareClass12023-06-012024-05-31 07643079business:OrdinaryShareClass12022-06-012023-05-31 07643079business:Director112023-06-012024-05-31 07643079business:Director112023-05-31 07643079business:Director112024-05-31 076430792022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07643079 (England and Wales)
London Building Consultancy Ltd Unaudited accounts for the year ended 31 May 2024
London Building Consultancy Ltd Unaudited accounts Contents
Page
- 2 -
London Building Consultancy Ltd Company Information for the year ended 31 May 2024
Director
Slavica Maksimovic
Company Number
07643079 (England and Wales)
Registered Office
30c Eglinton Hill London SE18 3NR
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
- 3 -
London Building Consultancy Ltd Accountants' report
Accountants' report to the director of London Building Consultancy Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of London Building Consultancy Ltd for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of London Building Consultancy Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of London Building Consultancy Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than London Building Consultancy Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that London Building Consultancy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of London Building Consultancy Ltd. You consider that London Building Consultancy Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of London Building Consultancy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 14 August 2024
- 4 -
London Building Consultancy Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,370 
18,115 
Current assets
Debtors
18,192 
11,397 
Cash at bank and in hand
4,417 
5,483 
22,609 
16,880 
Creditors: amounts falling due within one year
(66,312)
(63,627)
Net current liabilities
(43,703)
(46,747)
Net liabilities
(24,333)
(28,632)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,334)
(28,633)
Shareholders' funds
(24,333)
(28,632)
For the year ending 31 May 2024 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 14 August 2024 and were signed on its behalf by
Slavica Maksimovic Director Company Registration No. 07643079
- 5 -
London Building Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
London Building Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 07643079. The registered office is 30c Eglinton Hill, London, SE18 3NR.
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.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
1,385 
11,000 
8,547 
20,932 
Additions
- 
6,450 
175 
6,625 
At 31 May 2024
1,385 
17,450 
8,722 
27,557 
Depreciation
At 1 June 2023
654 
688 
1,475 
2,817 
Charge for the year
183 
3,404 
1,783 
5,370 
At 31 May 2024
837 
4,092 
3,258 
8,187 
Net book value
At 31 May 2024
548 
13,358 
5,464 
19,370 
At 31 May 2023
731 
10,312 
7,072 
18,115 
- 6 -
London Building Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,192 
11,397 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,861 
5,527 
Taxes and social security
1,115 
1,249 
Loans from directors
56,885 
56,434 
Accruals
451 
417 
66,312 
63,627 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Slavica Maksimovic
Director Current Account
(56,434)
(451)
- 
(56,885)
(56,434)
(451)
- 
(56,885)
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -