LIMELIGHT DRIVEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Limelight Driven Limited is a private company, limited by shares, domiciled in England and Wales,
registration number 10022955. The registered office is Aston House, Cornwall Avenue, London N3 1LF
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The company ceased to trade during 2020 and remains dormant. The sole shareholder of the company will continue supporting the company to meets its working capital requirement and outstanding obligations. On this basis the director considers it appropriate to prepare the financial statements on a going concern basis.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Creditors: Amounts falling due within one year
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