London Computer Centre Limited 01476483 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is provisioning of IT infrastructure services, including but not limited to Hardware, Software, Cloud, AV, Network and Management. Digita Accounts Production Advanced 6.30.9574.0 true true 01476483 2023-04-01 2024-03-31 01476483 2024-03-31 01476483 bus:OrdinaryShareClass1 2024-03-31 01476483 core:CurrentFinancialInstruments 2024-03-31 01476483 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01476483 bus:SmallEntities 2023-04-01 2024-03-31 01476483 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01476483 bus:FilletedAccounts 2023-04-01 2024-03-31 01476483 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01476483 bus:RegisteredOffice 2023-04-01 2024-03-31 01476483 bus:CompanySecretary1 2023-04-01 2024-03-31 01476483 bus:Director1 2023-04-01 2024-03-31 01476483 bus:Director2 2023-04-01 2024-03-31 01476483 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01476483 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01476483 bus:Agent1 2023-04-01 2024-03-31 01476483 countries:England 2023-04-01 2024-03-31 01476483 2022-04-01 2023-03-31 01476483 2023-03-31 01476483 bus:OrdinaryShareClass1 2023-03-31 01476483 core:CurrentFinancialInstruments 2023-03-31 01476483 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01476483

London Computer Centre Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

London Computer Centre Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

London Computer Centre Limited

Company Information

Directors

Mr A Ravindran

Mrs J A Ravindran

Company secretary

Mrs T P Sheridan

Registered office

The Foundry
77 Fulham Palace Road
London
W6 8AF

Accountants

Blue Spire Limited
Cawley Priory
South Pallant
Chichester
West Sussex
PO19 1SY

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
London Computer Centre Limited
for the Year Ended 31 March 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of London Computer Centre Limited for the year ended 31 March 2024 as set out on pages 3 to 5 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of London Computer Centre Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of London Computer Centre Limited and state those matters that we have agreed to state to the Board of Directors of London Computer Centre Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than London Computer Centre Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that London Computer Centre 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 profit of London Computer Centre Limited. You consider that London Computer Centre 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 London Computer Centre 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.

......................................

Blue Spire Limited
Cawley Priory
South Pallant
Chichester
West Sussex
PO19 1SY

14 October 2024

 

London Computer Centre Limited

(Registration number: 01476483)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

391,474

54,352

Cash at bank and in hand

 

46,466

828,499

 

437,940

882,851

Creditors: Amounts falling due within one year

5

(298,224)

(44,399)

Net assets

 

139,716

838,452

Capital and reserves

 

Called up share capital

6

1

1,000

Capital redemption reserve

999

-

Retained earnings

138,716

837,452

Shareholders' funds

 

139,716

838,452

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 October 2024 and signed on its behalf by:
 

.........................................
Mr A Ravindran
Director

 

London Computer Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Foundry
77 Fulham Palace Road
London
W6 8AF

These financial statements were authorised for issue by the Board on 14 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

London Computer Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Debtors

Current

2024
£

2023
£

Trade debtors

391,474

54,327

Other debtors

-

25

 

391,474

54,352

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

277,631

17,478

Taxation and social security

8,159

17,182

Accruals and deferred income

2,000

1,750

Other creditors

10,434

7,989

298,224

44,399

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1,000

1,000