LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Company Registration Number:
SC145574 (Scotland)

Unaudited micro entity accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Income and Expenditure Account - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Company Information

for the Period Ended 31 March 2024




Registered office: Suite 4/3
Queens House
19 St. Vincent Place
Glasgow
G1 2DT
Company Registration Number: SC145574 (Scotland)

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 March 2024


2024
£

2023
£
Turnover 541,380 433,157
Other Income 38,597 24,477
Staff Costs ( 295,303 ) ( 269,670 )
Depreciation and Writeoffs ( 2,741 ) ( 2,468 )
Other charges ( 298,169 ) ( 259,007 )
Surplus or (Deficit) for Period ( 16,236 ) ( 73,511 )

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Balance sheet

As at 31 March 2024


2024
£

2023
£
Fixed Assets: 4,635 3,986
Current assets: 347,539 318,384
Prepayments and accrued income: 97,996 133,736
Creditors: amounts falling due within one year: ( 26,163 ) ( 15,863 )
Net current assets (liabilities): 419,372 436,257
Total assets less current liabilities: 424,007 440,243
Total net assets (liabilities): 424,007 440,243
Reserves: 424,007 440,243

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Balance sheet continued

For the year ending 31 March 2024 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.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 16 May 2024
And Signed On Behalf Of The Board By:

Name: David Grahame
Status: Director

The notes form part of these financial statements

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Employee Information

    Average number of employees: 4

LOCAL INVESTMENT NETWORKING COMPANY (SCOTLAND)

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Off balance sheet disclosure

    No