Registered number:
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED DECEMBER 31, 2023
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THE LUXURY CONNECTION LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE LUXURY CONNECTION LIMITED
FOR THE PERIOD ENDED DECEMBER 31, 2023
Accountants
1 Vincent Square
SW1P 2PN
October 17, 2024
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THE LUXURY CONNECTION LIMITED
REGISTERED NUMBER: 14701569
BALANCE SHEET
AS AT DECEMBER 31, 2023
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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THE LUXURY CONNECTION LIMITED
REGISTERED NUMBER: 14701569
BALANCE SHEET (CONTINUED)
AS AT DECEMBER 31, 2023
The notes on pages 5 to 8 form part of these financial statements.
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THE LUXURY CONNECTION LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED DECEMBER 31, 2023
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THE LUXURY CONNECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED DECEMBER 31, 2023
The Luxury Connection Limited is a private limited company limited by share capital, incorporated in England and Wales. The company's registration number is 14701569 and their registered office is 1 Vincent Square, London, United Kingdom, SW1P 2PN.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
Functional and presentation currency
Transactions and balances
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THE LUXURY CONNECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED DECEMBER 31, 2023
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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THE LUXURY CONNECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED DECEMBER 31, 2023
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THE LUXURY CONNECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED DECEMBER 31, 2023
150,000 ordinary shares were issued to Nada Ghazal during the year at par value;
30,000 ordinary shares were issued to Firas Ghazal during the year at par value; 10,000 ordinary shares were issued to Maher Ghazal during the year at par value; 10,000 ordinary shares were issued to Saleh Ghazal during the year at par value.
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