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REGISTERED NUMBER: 08907316 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

LONDON SCHOOL OF INSURANCE (UK) LTD

LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONDON SCHOOL OF INSURANCE (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mrs Vinita Lotlikar
Ms F S Walz
J Arpel
Ryan L Phillips





SECRETARY: Mrs Vinita Lotlikar





REGISTERED OFFICE: 3RD FLOOR,
11-13 CROSSWALL
London
EC3N 2JY





REGISTERED NUMBER: 08907316 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,301 3,068

CURRENT ASSETS
Debtors 5 15,800 33,000
Cash at bank and in hand 64,150 46,610
79,950 79,610
CREDITORS
Amounts falling due within one year 6 16,934 34,874
NET CURRENT ASSETS 63,016 44,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,317

47,804

CAPITAL AND RESERVES
Called up share capital 7 15,000 15,000
Retained earnings 8 50,317 32,804
SHAREHOLDERS' FUNDS 65,317 47,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2024 and were signed on its behalf by:





J Arpel - Director


LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

London School of Insurance (UK) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover includes revenue earned from the rendering of services.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023
and 29 February 2024 21,285
AMORTISATION
At 1 March 2023 18,217
Charge for year 767
At 29 February 2024 18,984
NET BOOK VALUE
At 29 February 2024 2,301
At 28 February 2023 3,068

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 15,800 33,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 11,782 30,700
Taxation and social security 4,038 2,610
Other creditors 1,114 1,564
16,934 34,874

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
15,000 Ordinary £1 15,000 15,000

LONDON SCHOOL OF INSURANCE (UK) LTD (REGISTERED NUMBER: 08907316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. RESERVES
Retained
earnings
£   

At 1 March 2023 32,804
Profit for the year 17,513
At 29 February 2024 50,317