1 December 2022 false No description of principal activity Taxfiler 2024.5 true 11061958business:PrivateLimitedCompanyLtd2022-12-012023-11-30 110619582022-11-30 110619582022-12-012023-11-30 11061958business:AuditExemptWithAccountantsReport2022-12-012023-11-30 11061958business:FilletedAccounts2022-12-012023-11-30 110619582023-11-30 11061958business:Director12022-12-012023-11-30 11061958business:RegisteredOffice2022-12-012023-11-30 110619582022-11-30 11061958core:WithinOneYear2023-11-30 11061958core:WithinOneYear2022-11-30 11061958core:AfterOneYear2023-11-30 11061958core:AfterOneYear2022-11-30 11061958core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11061958core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11061958core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11061958core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11061958core:PreviouslyStatedAmount2023-11-30 11061958core:PreviouslyStatedAmount2022-11-30 11061958business:SmallEntities2022-12-012023-11-30 11061958countries:EnglandWales2022-12-012023-11-30 11061958core:ComputerEquipment2022-12-012023-11-30 11061958core:ComputerEquipment2022-11-30 11061958core:ComputerEquipment2023-11-30 11061958core:DisposalsRepaymentsInvestments2023-11-30 110619582021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11061958 (England and Wales)
LYTIO CONSULTANCY LTD Unaudited accounts for the year ended 30 November 2023
LYTIO CONSULTANCY LTD Unaudited accounts Contents
Page
- 2 -
LYTIO CONSULTANCY LTD Company Information for the year ended 30 November 2023
Director
ADENIJI, Elijah
Company Number
11061958 (England and Wales)
Registered Office
FLAT 6, DAVIDGE HOUSE CORAL STREET LONDON SE1 7BA UNITED KINGDOM
Accountants
Vakt & Co limited 279 NEWMARSH ROAD London SE28 8TE
- 3 -
LYTIO CONSULTANCY LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
13,468 
40,000 
Current assets
Debtors
1,515 
3,583 
Cash at bank and in hand
7,280 
(199)
8,795 
3,384 
Creditors: amounts falling due within one year
10,117 
3 
Net current assets
18,912 
3,387 
Total assets less current liabilities
32,380 
43,387 
Creditors: amounts falling due after more than one year
(28,292)
(43,189)
Net assets
4,088 
198 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,087 
197 
Shareholders' funds
4,088 
198 
For the year ending 30 November 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 21 August 2024 and were signed on its behalf by
ADENIJI, Elijah Director Company Registration No. 11061958
- 4 -
LYTIO CONSULTANCY LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
LYTIO CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 11061958. The registered office is FLAT 6, DAVIDGE HOUSE, CORAL STREET, LONDON, SE1 7BA, UNITED KINGDOM.
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
COMPUTER
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
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,310 
At 30 November 2023
2,310 
Depreciation
At 1 December 2022
2,310 
At 30 November 2023
2,310 
Net book value
At 30 November 2023
- 
- 5 -
LYTIO CONSULTANCY LTD Notes to the Accounts for the year ended 30 November 2023
5
Investments
Other investments 
£ 
Valuation at 1 December 2022
40,000 
Disposals
(26,532)
Valuation at 30 November 2023
13,468 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,583 
Other debtors
1,515 
- 
1,515 
3,583 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(13,917)
- 
Taxes and social security
- 
1,197 
Accruals
3,800 
(1,200)
(10,117)
(3)
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,778 
36,702 
Taxes and social security
940 
(513)
Loans from directors
(1,426)
7,000 
28,292 
43,189 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -