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Company Registration No. 08467604 (England and Wales)
LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Unaudited accounts for the year ended 30 April 2024
LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Unaudited accounts Contents
Page
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LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Company Information for the year ended 30 April 2024
Directors
Harishchandra Jyawali Aaradhana Sharma Jyawali
Company Number
08467604 (England and Wales)
Registered Office
6 Faraday Road Welling DA16 2ET
Accountants
ACXIT Ltd 137 Broadway Bexleyheath Kent DA6 7EZ
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LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,194 
2,725 
Current assets
Debtors
8,957 
2,516 
Cash at bank and in hand
31,570 
11,847 
40,527 
14,363 
Creditors: amounts falling due within one year
(14,235)
(4,751)
Net current assets
26,292 
9,612 
Total assets less current liabilities
31,486 
12,337 
Creditors: amounts falling due after more than one year
(5,182)
(7,379)
Net assets
26,304 
4,958 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,204 
4,858 
Shareholders' funds
26,304 
4,958 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by
Harishchandra Jyawali Director Company Registration No. 08467604
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LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08467604. The registered office is 6 Faraday Road , Welling , DA16 2ET.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Computer equipment
20% reducing balance basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,564 
3,346 
4,910 
Additions
- 
3,767 
3,767 
At 30 April 2024
1,564 
7,113 
8,677 
Depreciation
At 1 May 2023
313 
1,872 
2,185 
Charge for the year
250 
1,048 
1,298 
At 30 April 2024
563 
2,920 
3,483 
Net book value
At 30 April 2024
1,001 
4,193 
5,194 
At 30 April 2023
1,251 
1,474 
2,725 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
8,957 
2,516 
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LONDON SCHOOL OF BUSINESS & INNOVATION LIMITED Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,000 
- 
Taxes and social security
5,835 
4,151 
Accruals
400 
600 
14,235 
4,751 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,182 
7,379 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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