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Company Registration No. 10472553 (England and Wales)
LFCD Strategic Solutions Limited Unaudited accounts for the year ended 31 December 2023
LFCD Strategic Solutions Limited Unaudited accounts Contents
Page
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LFCD Strategic Solutions Limited Company Information for the year ended 31 December 2023
Director
Mr Wayne James Rapozo
Company Number
10472553 (England and Wales)
Registered Office
2 Notting Hill Gate Avenue Suite 107 London W11 3JE
Accountants
Eaton Square Advisory Ltd 152 Coles Green Road London NW2 7HD
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of LFCD Strategic Solutions Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LFCD Strategic Solutions Limited for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of LFCD Strategic Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 1 January 2017. Our work has been undertaken solely to prepare for your approval the accounts of LFCD Strategic Solutions Limited and state those matters that we have agreed to state to the Board of Directors of LFCD Strategic Solutions Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LFCD Strategic Solutions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that LFCD Strategic Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of LFCD Strategic Solutions Limited. You consider that LFCD Strategic Solutions Limited 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 LFCD Strategic Solutions Limited. 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.
Eaton Square Advisory Ltd Chartered Accountants 152 Coles Green Road London NW2 7HD 11 September 2024
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LFCD Strategic Solutions Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
240,834 
325,834 
Current assets
Debtors
11,800 
27,200 
Cash at bank and in hand
12,032 
51,924 
23,832 
79,124 
Creditors: amounts falling due within one year
(56,376)
(58,213)
Net current (liabilities)/assets
(32,544)
20,911 
Total assets less current liabilities
208,290 
346,745 
Creditors: amounts falling due after more than one year
(642,517)
(692,517)
Net liabilities
(434,227)
(345,772)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(434,228)
(345,773)
Shareholders' funds
(434,227)
(345,772)
For the year ending 31 December 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 11 September 2024 and were signed on its behalf by
Mr Wayne James Rapozo Director Company Registration No. 10472553
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LFCD Strategic Solutions Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
LFCD Strategic Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10472553. The registered office is 2 Notting Hill Gate Avenue, Suite 107, London, W11 3JE.
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:
Fixtures & fittings
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
850,000 
At 31 December 2023
850,000 
Amortisation
At 1 January 2023
524,166 
Charge for the year
85,000 
At 31 December 2023
609,166 
Net book value
At 31 December 2023
240,834 
At 31 December 2022
325,834 
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LFCD Strategic Solutions Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
8,057 
At 31 December 2023
8,057 
Depreciation
At 1 January 2023
8,057 
At 31 December 2023
8,057 
Net book value
At 31 December 2023
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
10,000 
26,000 
Other debtors
1,800 
1,200 
11,800 
27,200 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,163 
2,516 
Trade creditors
4,276 
- 
Taxes and social security
351 
9,947 
Loans from directors
45,086 
42,250 
Accruals
3,500 
3,500 
56,376 
58,213 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
642,517 
692,517 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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