IRIS Accounts Production v24.2.0.383 10399377 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103993772022-12-31103993772023-12-31103993772023-01-012023-12-31103993772021-12-31103993772022-01-012022-12-31103993772022-12-3110399377ns15:EnglandWales2023-01-012023-12-3110399377ns14:PoundSterling2023-01-012023-12-3110399377ns10:Director12023-01-012023-12-3110399377ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110399377ns10:SmallEntities2023-01-012023-12-3110399377ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110399377ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110399377ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110399377ns10:FullAccounts2023-01-012023-12-3110399377ns10:RegisteredOffice2023-01-012023-12-3110399377ns5:CurrentFinancialInstruments2023-12-3110399377ns5:CurrentFinancialInstruments2022-12-3110399377ns5:ShareCapital2023-12-3110399377ns5:ShareCapital2022-12-3110399377ns5:RevaluationReserve2023-12-3110399377ns5:RevaluationReserve2022-12-3110399377ns5:RetainedEarningsAccumulatedLosses2023-12-3110399377ns5:RetainedEarningsAccumulatedLosses2022-12-3110399377ns5:PlantMachinery2022-12-3110399377ns5:PlantMachinery2023-01-012023-12-3110399377ns5:PlantMachinery2023-12-3110399377ns5:PlantMachinery2022-12-3110399377ns5:ListedExchangeTradedns5:CostValuation2022-12-3110399377ns5:DisposalsRepaymentsInvestmentsns5:ListedExchangeTraded2023-12-3110399377ns5:ListedExchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3110399377ns5:ListedExchangeTradedns5:CostValuation2023-12-3110399377ns5:ListedExchangeTraded2023-12-3110399377ns5:ListedExchangeTraded2022-12-3110399377ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110399377ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110399377ns5:RevaluationReserve2022-12-31
REGISTERED NUMBER: 10399377 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Labo Management & Consulting
Services Ltd

Labo Management & Consulting
Services Ltd (Registered number: 10399377)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Labo Management & Consulting
Services Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr N Papaoikonomou





REGISTERED OFFICE: 4th Floor
361-373 City Road
London
EC1V 1LR





REGISTERED NUMBER: 10399377 (England and Wales)





ACCOUNTANTS: Elemental CoSec Limited
27 Old Gloucester Street
London
WC1N 3AX

Labo Management & Consulting
Services Ltd (Registered number: 10399377)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 952 777
Investments 5 318,186 232,240
319,138 233,017

CURRENT ASSETS
Debtors 6 126,325 14,293
Cash at bank 190,473 253,176
316,798 267,469
CREDITORS
Amounts falling due within one year 7 47,917 37,891
NET CURRENT ASSETS 268,881 229,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

588,019

462,595

PROVISIONS FOR LIABILITIES 43,699 21,176
NET ASSETS 544,320 441,419

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 - 63,527
Retained earnings 544,220 377,792
SHAREHOLDERS' FUNDS 544,320 441,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Labo Management & Consulting
Services Ltd (Registered number: 10399377)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





Mr N Papaoikonomou - Director


Labo Management & Consulting
Services Ltd (Registered number: 10399377)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Labo Management & Consulting Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment
Investment in listed company is valued at its fair value at year end date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Labo Management & Consulting
Services Ltd (Registered number: 10399377)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,243
Additions 433
At 31 December 2023 1,676
DEPRECIATION
At 1 January 2023 466
Charge for year 258
At 31 December 2023 724
NET BOOK VALUE
At 31 December 2023 952
At 31 December 2022 777

5. FIXED ASSET INVESTMENTS
Listed
investment
£   
COST OR VALUATION
At 1 January 2023 232,240
Disposals (88,848 )
Revaluations 174,794
At 31 December 2023 318,186
NET BOOK VALUE
At 31 December 2023 318,186
At 31 December 2022 232,240

Cost or valuation at 31 December 2023 is represented by:

Listed
investment
£   
Valuation in 2023 174,794
Cost 143,392
318,186

Labo Management & Consulting
Services Ltd (Registered number: 10399377)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 10,373 7,272
Other debtors 115,952 7,021
126,325 14,293

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 4,417 2,018
Taxation and social security 38,474 35,490
Other creditors 5,026 383
47,917 37,891

8. RESERVES
Revaluatio
reserve
£   
At 1 January 2023 63,527
Revaluation reserve (63,527 )

At 31 December 2023 -

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr N Papaoikonomou.