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REGISTERED NUMBER: 09823484 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Luis And Cos Limited

Luis And Cos Limited (Registered number: 09823484)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Luis And Cos Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J L Gosp De Vicente
P C Mairoudhiou





REGISTERED OFFICE: 1 Sinclair House
Hastings Street
London
United Kingdom
WC1H 9PZ





REGISTERED NUMBER: 09823484 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Luis And Cos Limited (Registered number: 09823484)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 258,516 -

CURRENT ASSETS
Debtors 5 3,500 3,500
Cash at bank 12,653 11,427
16,153 14,927
CREDITORS
Amounts falling due within one year 6 30,577 22,920
NET CURRENT LIABILITIES (14,424 ) (7,993 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,092

(7,993

)

CREDITORS
Amounts falling due after more than one
year

7

250,000

-
NET LIABILITIES (5,908 ) (7,993 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (5,910 ) (7,995 )
SHAREHOLDERS' FUNDS (5,908 ) (7,993 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Luis And Cos Limited (Registered number: 09823484)

Balance Sheet - continued
31 March 2024


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 21 November 2024 and were signed on its behalf by:




J L Gosp De Vicente - Director



P C Mairoudhiou - Director


Luis And Cos Limited (Registered number: 09823484)

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

1. STATUTORY INFORMATION

Luis And Cos Limited 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.

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.
Long leasehold - 2% on cost (buildings only)
Fixtures and fittings - 25% 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Basic financial instruments
Basic financial instruments comprising debtors and bank & cash balances are stated at fair value.

Functional currency
The functional and presentational currency used by the company is £stg.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Luis And Cos Limited (Registered number: 09823484)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 April 2023 - 25,542 25,542
Additions 258,516 - 258,516
At 31 March 2024 258,516 25,542 284,058
DEPRECIATION
At 1 April 2023
and 31 March 2024 - 25,542 25,542
NET BOOK VALUE
At 31 March 2024 258,516 - 258,516
At 31 March 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,500 3,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 29,317 21,720
Accrued expenses 1,260 1,200
30,577 22,920

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 250,000 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

Luis And Cos Limited (Registered number: 09823484)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 (7,995 )
Profit for the year 2,085
At 31 March 2024 (5,910 )