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Company No: 03336645 (England and Wales)

LBC INTL LTD.

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

LBC INTL LTD.

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

LBC INTL LTD.

COMPANY INFORMATION

For the financial year ended 31 December 2023
LBC INTL LTD.

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2023
DIRECTOR Mr K Copeland
REGISTERED OFFICE 6 Bevis Marks
London
EC3A 7BA
United Kingdom
COMPANY NUMBER 03336645 (England and Wales)
LBC INTL LTD.

BALANCE SHEET

As at 31 December 2023
LBC INTL LTD.

BALANCE SHEET (continued)

As at 31 December 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 112,344 112,344
112,344 112,344
Current assets
Debtors 4 12,034 12,034
Cash at bank and in hand 12,803 12,881
24,837 24,915
Creditors: amounts falling due within one year 5 ( 172,083) ( 168,392)
Net current liabilities (147,246) (143,477)
Total assets less current liabilities (34,902) (31,133)
Net liabilities ( 34,902) ( 31,133)
Capital and reserves
Called-up share capital 2 2
Profit and loss account ( 34,904 ) ( 31,135 )
Total shareholder's deficit ( 34,902) ( 31,133)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of LBC INTL LTD. (registered number: 03336645) were approved and authorised for issue by the Director on 19 February 2025. They were signed on its behalf by:

Mr K Copeland
Director
LBC INTL LTD.

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
LBC INTL LTD.

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act2006.

General information and basis of accounting

LBC Intl Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is:
22 Chancery Lane
London
WC2A 1LS

The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis. Meaden & Moore International Inc., the immediate parent company, has confirmed it will continue to support the company for a period of not less than one year from the date of approval of the financial statements.

Revenue Recognition

Income from the LLP of which the company is a member is recognised in the period to which the LLP allocates the income.

Fixed asset investments

Investments in associated undertakings are measured at cost less impairment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Ordinary 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.

2. Employees

2023 2022
Number Number
Average number of persons employed by the company 0 0

3. Fixed asset investments

Investments in associates Total
£ £
Cost or valuation before impairment
At 01 January 2023 112,344 112,344
At 31 December 2023 112,344 112,344
Carrying value at 31 December 2023 112,344 112,344
Carrying value at 31 December 2022 112,344 112,344

The financial period end of Meaden & Moore International LLP is 31 December. The loss for the financial period of Meaden & Moore International LLP was £156,270 (2022 - loss of £330,127) and the aggregate amount of capital and reserves at the end of the period was £(822,774) (2022 - £(641,006)).

4. Debtors

2023 2022
£ £
Amounts owed by group undertakings 12,034 12,034

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to group undertakings 146,655 141,514
Other taxation and social security 0 248
Other creditors 25,428 26,630
172,083 168,392

6. Ultimate controlling party

The company's immediate parent is Meaden & Moore International Inc, which prepares group financial statements. Meaden & Moore International Inc was incorporated in Canada and has registered office of 1440, Ste-Catherine Street West, Suite 710, Montréal, Québec, H3G 1R8.