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REGISTERED NUMBER: 07889861 (England and Wales)















Unaudited Financial Statements for the Year Ended 9 June 2024

for

LBW CORPORATE ADVICE LIMITED

LBW CORPORATE ADVICE LIMITED (REGISTERED NUMBER: 07889861)






Contents of the Financial Statements
for the Year Ended 9 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


LBW CORPORATE ADVICE LIMITED

Company Information
for the Year Ended 9 June 2024







DIRECTOR: L B Webster





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Court House Road
Bromborough
Wirral
CH62 4UE





REGISTERED NUMBER: 07889861 (England and Wales)






LBW CORPORATE ADVICE LIMITED (REGISTERED NUMBER: 07889861)

Statement of Financial Position
9 June 2024

9.6.24 9.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1

CURRENT ASSETS
Debtors 5 - 5,200
Cash at bank and in hand 918 870
918 6,070
CREDITORS
Amounts falling due within one year 6 - 7,000
NET CURRENT ASSETS/(LIABILITIES) 918 (930 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

919

(929

)

CREDITORS
Amounts falling due after more than one
year

7

2,308

32,199
NET LIABILITIES (1,389 ) (33,128 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (1,489 ) (33,228 )
SHAREHOLDERS' FUNDS (1,389 ) (33,128 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 9 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 9 June 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 January 2025 and were signed by:





L B Webster - Director


LBW CORPORATE ADVICE LIMITED (REGISTERED NUMBER: 07889861)

Notes to the Financial Statements
for the Year Ended 9 June 2024

1. STATUTORY INFORMATION

LBW CORPORATE ADVICE 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.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LBW CORPORATE ADVICE LIMITED (REGISTERED NUMBER: 07889861)

Notes to the Financial Statements - continued
for the Year Ended 9 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 10 June 2023
and 9 June 2024 988
DEPRECIATION
At 10 June 2023
and 9 June 2024 987
NET BOOK VALUE
At 9 June 2024 1
At 9 June 2023 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
9.6.24 9.6.23
£    £   
Other debtors - 5,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
9.6.24 9.6.23
£    £   
Bank loans and overdrafts - 7,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
9.6.24 9.6.23
£    £   
Bank loans - 28,441
Other creditors 2,308 3,758
2,308 32,199

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 9.6.24 9.6.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 10 June 2023 (33,228 )
Profit for the year 31,739
At 9 June 2024 (1,489 )

LBW CORPORATE ADVICE LIMITED (REGISTERED NUMBER: 07889861)

Notes to the Financial Statements - continued
for the Year Ended 9 June 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 9 June 2024 and 9 June 2023:

9.6.24 9.6.23
£    £   
L B Webster
Balance outstanding at start of year (3,758 ) (565 )
Amounts advanced 1,450 1,322
Amounts repaid - (4,515 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,308 ) (3,758 )

11. ULTIMATE CONTROLLING PARTY

The controlling party is L B Webster.