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REGISTERED NUMBER: 09562237 (England and Wales)















Labour Friends Of Israel Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023






Labour Friends Of Israel Ltd (Registered number: 09562237)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Labour Friends Of Israel Ltd

Company Information
for the year ended 31 December 2023







Directors: D E Garrard
A Cohen
J Gerber
R Simon
L Ellman
M Rubin
J S Seitler





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 09562237 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Labour Friends Of Israel Ltd (Registered number: 09562237)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 963 402

Current assets
Debtors 5 42,900 22,678
Cash at bank and in hand 88,156 117,806
131,056 140,484
Creditors
Amounts falling due within one year 6 46,994 46,827
Net current assets 84,062 93,657
Total assets less current liabilities 85,025 94,059

Reserves
Retained earnings 7 85,025 94,059
85,025 94,059

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





A Cohen - Director


Labour Friends Of Israel Ltd (Registered number: 09562237)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

Labour Friends Of Israel Ltd is a private company, limited by guarantee , 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 6 (2022 - 4 ) .

Labour Friends Of Israel Ltd (Registered number: 09562237)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 January 2023 3,968 10,305 14,273
Additions - 950 950
At 31 December 2023 3,968 11,255 15,223
Depreciation
At 1 January 2023 3,968 9,903 13,871
Charge for year - 389 389
At 31 December 2023 3,968 10,292 14,260
Net book value
At 31 December 2023 - 963 963
At 31 December 2022 - 402 402

5. Debtors: amounts falling due within one year
2023 2022
£ £
Other debtors 42,900 22,678

6. Creditors: amounts falling due within one year
2023 2022
£ £
Taxation and social security 8,559 9,431
Other creditors 38,435 37,396
46,994 46,827

7. Reserves
Retained
earnings
£

At 1 January 2023 94,059
Deficit for the year (9,034 )
At 31 December 2023 85,025

8. Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.