LONDON COLLEGE OF BUSINESS & IT LIMITED

Company Registration Number:
05528628 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

LONDON COLLEGE OF BUSINESS & IT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LONDON COLLEGE OF BUSINESS & IT LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Shaik Akbar Basha
Registered office: Unit 6a, Monteagle Court
Wakering Road
Barking
England
IG11 8PL
Company Registration Number: 05528628 (England and Wales)

LONDON COLLEGE OF BUSINESS & IT LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Providing of Technical and vocational secondary education; First-degree level higher education; Post-graduate level higher education and Educational support services

Directors

The director(s) shown below were appointed to the company during the period
Shaik Akbar Basha
01 January 2023

This report was approved by the board of directors on 2 September 2024
And Signed On Behalf Of The Board By:

Name: Shaik Akbar Basha
Status: Director

LONDON COLLEGE OF BUSINESS & IT LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 22,471 66,148
Distribution Costs ( 20,050 ) ( 43,312 )
Administrative Expenses ( 9,068 ) ( 30,814 )
Operating Profit or (Loss) ( 6,647 ) ( 7,978 )
Profit or (Loss) Before Tax ( 6,647 ) ( 7,978 )
Profit or (Loss) for Period ( 6,647 ) ( 7,978 )

The notes form part of these financial statements

LONDON COLLEGE OF BUSINESS & IT LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 448 560
Total fixed assets: 448 560
Current assets
Debtors: 9,200 15,800
Cash at bank and in hand: 98 33
Total current assets: 9,298 15,833
Creditors: amounts falling due within one year: ( 34,111 ) ( 34,111 )
Net current assets (liabilities): ( 24,813 ) ( 18,278 )
Total assets less current liabilities: ( 24,365 ) ( 17,718 )
Total net assets (liabilities): ( 24,365 ) ( 17,718 )

The notes form part of these financial statements

LONDON COLLEGE OF BUSINESS & IT LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 155,000 155,000
Profit and loss account: ( 179,365 ) ( 172,718 )
Shareholders funds: ( 24,365 ) ( 17,718 )

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 September 2024
And Signed On Behalf Of The Board By:

Name: Shaik Akbar Basha
Status: Director

The notes form part of these financial statements

LONDON COLLEGE OF BUSINESS & IT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LONDON COLLEGE OF BUSINESS & IT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

LONDON COLLEGE OF BUSINESS & IT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

LONDON COLLEGE OF BUSINESS & IT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 996
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2023 996
Depreciation
At 01 January 2023 436
Charge for year 112
On disposals -
Other adjustments -
At 31 December 2023 548
Net book value
At 31 December 2023 448
At 31 December 2022 560