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
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
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
London Building Consultancy Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
19,370
18,115
Cash at bank and in hand
4,417
5,483
Creditors: amounts falling due within one year
(66,312)
(63,627)
Net current liabilities
(43,703)
(46,747)
Net liabilities
(24,333)
(28,632)
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
London Building Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
At 31 May 2024
548
13,358
5,464
19,370
At 31 May 2023
731
10,312
7,072
18,115
London Building Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
18,192
11,397
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,115
1,249
Loans from directors
56,885
56,434
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Current Account
(56,434)
(451)
-
(56,885)
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).