Company Registration No. 535232 (England and Wales)
Liberty Group Limited
Unaudited accounts
for the year ended 31 January 2024
Liberty Group Limited
Unaudited accounts
Contents
Liberty Group Limited
Company Information
for the year ended 31 January 2024
Directors
Dr PER Cook
Ms VL Cook
Dr SJ Cook
Mrs C Metcalf
Company Number
535232 (England and Wales)
Registered Office
DEAN COURT
UPPER DEAN
HUNTINGDON
CAMBRIDGESHIRE
PE28 0NL
Liberty Group Limited
Statement of financial position
as at 31 January 2024
Tangible assets
810,083
810,086
Cash at bank and in hand
119,975
126,275
Creditors: amounts falling due within one year
(2,126)
(3,034)
Net current assets
124,524
127,441
Net assets
934,607
937,527
Called up share capital
4,890
4,890
Profit and loss account
929,717
932,637
Shareholders' funds
934,607
937,527
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Dr PER Cook
Director
Company Registration No. 535232
Liberty Group Limited
Notes to the Accounts
for the year ended 31 January 2024
Liberty Group Limited is a private company, limited by shares, registered in England and Wales, registration number 535232. The registered office is DEAN COURT, UPPER DEAN, HUNTINGDON, CAMBRIDGESHIRE, PE28 0NL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost accounting rules.
The accounts are presented in £ sterling.
Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.
Fixed assets and depreciation
Depreciation is calculated to write off the cost or valuation less the estimated residual value of tangible fixed assets by instalments over their estimated useful economic lives as follows:
Land & Buildings are held as investment properties at cost
Plant & Equipment is depreciated at 15% per annum on the reducing balance method
The charge for taxation is based on the profit for the year and takes into account a full provision for taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes
The directors interests in the ordinary shares of £1 each in the company are shown below:
Dr PER Cook 2,445
Ms VL Cook 1,223
Dr SJ Cook 1,222
Liberty Group Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
810,068
2,913
7,455
820,436
At 31 January 2024
810,068
2,913
7,455
820,436
At 1 February 2023
-
2,905
7,445
10,350
Charge for the year
-
1
2
3
At 31 January 2024
-
2,906
7,447
10,353
At 31 January 2024
810,068
7
8
810,083
At 31 January 2023
810,068
8
10
810,086
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(30)
399
Allotted, called up and fully paid:
4,890 Ordinary shares of £1 each
4,890
4,890
The Directors are this company's controlling related parties by virtue of their office and their shareholdings in the company.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).