J W Libell Limited 00726244 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is management consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 00726244 2023-03-01 2024-02-29 00726244 2024-02-29 00726244 bus:OrdinaryShareClass1 2024-02-29 00726244 bus:OrdinaryShareClass2 2024-02-29 00726244 bus:OrdinaryShareClass3 2024-02-29 00726244 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 00726244 core:FurnitureFittings 2024-02-29 00726244 bus:SmallEntities 2023-03-01 2024-02-29 00726244 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 00726244 bus:FilletedAccounts 2023-03-01 2024-02-29 00726244 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 00726244 bus:RegisteredOffice 2023-03-01 2024-02-29 00726244 bus:CompanySecretaryDirector1 2023-03-01 2024-02-29 00726244 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 00726244 bus:OrdinaryShareClass2 2023-03-01 2024-02-29 00726244 bus:OrdinaryShareClass3 2023-03-01 2024-02-29 00726244 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 00726244 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 00726244 countries:EnglandWales 2023-03-01 2024-02-29 00726244 2023-02-28 00726244 core:FurnitureFittings 2023-02-28 00726244 2022-03-01 2023-02-28 00726244 2023-02-28 00726244 bus:OrdinaryShareClass1 2023-02-28 00726244 bus:OrdinaryShareClass2 2023-02-28 00726244 bus:OrdinaryShareClass3 2023-02-28 00726244 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 00726244

J W Libell Limited

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

J W Libell Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

J W Libell Limited

(Registration number: 00726244)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

641

980

Creditors: Amounts falling due within one year

5

(61,987)

(59,167)

Net liabilities

 

(61,346)

(58,187)

Capital and reserves

 

Called up share capital

6

102

102

Retained earnings

(61,448)

(58,289)

Shareholders' deficit

 

(61,346)

(58,187)

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 November 2024
 

.........................................
P Libell
Company secretary and director

 

J W Libell Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

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

The address of its registered office is:
Orchard House
Besford Bridge
Pershore
Worcestershire
WR10 2AD
United Kingdom

These financial statements were authorised for issue by the director on 27 November 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 with the company being relient on the continued financial support of it's director and shareholders.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and equipment

20% straight line

 

J W Libell Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 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.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 March 2023

1,872

1,872

At 29 February 2024

1,872

1,872

Depreciation

At 1 March 2023

1,872

1,872

At 29 February 2024

1,872

1,872

Carrying amount

At 29 February 2024

-

-

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

955

1,141

Other creditors

61,032

58,026

61,987

59,167

 

J W Libell Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

Ordinary A shares of £1 each

1

1

1

1

Ordinary B shares of £1 each

1

1

1

1

102

102

102

102