Company Registration No. 08318380 (England and Wales)
Loucap Ltd
Unaudited accounts
for the year ended 31 March 2024
Loucap Ltd
Unaudited accounts
Contents
Loucap Ltd
Company Information
for the year ended 31 March 2024
Company Number
08318380 (England and Wales)
Registered Office
C/O Accountancy Managers Limited
164 New Cavendish Street
London
W1W 6YT
Accountants
Accountancy Managers Limited
164 New Cavendish Street
London
W1W 6YT
Loucap Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
234,248
362,580
Creditors: amounts falling due within one year
(4,899)
(28,166)
Net current assets
347,599
334,414
Net assets
347,599
334,414
Called up share capital
100
100
Profit and loss account
347,499
334,314
Shareholders' funds
347,599
334,414
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 25 December 2024 and were signed on its behalf by
Y M Loulou
Director
Company Registration No. 08318380
Loucap Ltd
Notes to the Accounts
for the year ended 31 March 2024
Loucap Ltd is a private company, limited by shares, registered in England and Wales, registration number 08318380. The registered office is C/O Accountancy Managers Limited, 164 New Cavendish Street, London, W1W 6YT.
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 convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Expenditure on research and development is written off in the year in which it is incurred.
Loucap Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,351
3,196
Loans from directors
15
24,095
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Mr Y M Loulou
Included in other creditors is the amount of £15 (2023: £24,095) owed by the company to Mr Y M Loulou, a sole director and majority shareholder of the company.
During the year interim dividends of £Nil (2023: £Nil) were paid to the director.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).