REGISTERED NUMBER: |
Londonisred Limited |
Financial Statements |
for the Year Ended 31 March 2024 |
REGISTERED NUMBER: |
Londonisred Limited |
Financial Statements |
for the Year Ended 31 March 2024 |
Londonisred Limited (Registered number: 09774667) |
Contents of the Financial Statements |
for the year ended 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Londonisred Limited |
Company Information |
for the year ended 31 March 2024 |
Director: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Londonisred Limited (Registered number: 09774667) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Investment property | 5 |
Current assets |
Debtors | 6 |
Cash in hand |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
The director acknowledges his 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. |
The financial statements were approved by the director and authorised for issue on |
Londonisred Limited (Registered number: 09774667) |
Notes to the Financial Statements |
for the year ended 31 March 2024 |
1. | Statutory information |
Londonisred Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Investment property |
Investment properties are included in the balance sheet at their fair value. |
Financial instruments |
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
Debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. |
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank which are an integral part of the company's cash management. |
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. |
An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
Investments |
Investments are stated at cost less provision for impairment. |
3. | Employees and directors |
The average number of employees during the year was NIL (2023 - NIL). |
4. | Fixed asset investments |
Other |
investments |
£ |
Cost |
At 1 April 2023 |
Additions |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
At 31 March 2023 |
Londonisred Limited (Registered number: 09774667) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2024 |
5. | Investment property |
Total |
£ |
Fair value |
Additions |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
6. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other debtors |
Directors' current accounts | 102,055 | 96,452 |
7. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Tax |