Company Registration No. 9618279 (England and Wales)
LAMBDA TECHNOLOGIES LTD
Unaudited accounts
for the year ended 31 May 2024
LAMBDA TECHNOLOGIES LTD
Unaudited accounts
Contents
LAMBDA TECHNOLOGIES LTD
Company Information
for the year ended 31 May 2024
Company Number
9618279 (England and Wales)
Registered Office
23 TOXTETH STREET
MANCHESTER
M11 1EQ
ENGLAND
Accountants
Bismil Accountants
Certified Accountants and Tax Advisors
Challenge House
616 Mitcham Road
Croydon
CR0 3AA
LAMBDA TECHNOLOGIES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
1,433
1,747
Cash at bank and in hand
11,951
14,465
Creditors: amounts falling due within one year
(17,675)
(14,125)
Net current (liabilities)/assets
(5,724)
340
Net (liabilities)/assets
(4,291)
2,087
Called up share capital
100
100
Profit and loss account
(4,391)
1,987
Shareholders' funds
(4,291)
2,087
For the year ending 31 May 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 her 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 21 February 2025 and were signed on its behalf by
Amna SAQIB
Director
Company Registration No. 9618279
LAMBDA TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 May 2024
LAMBDA TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 9618279. The registered office is 23 TOXTETH STREET, MANCHESTER, M11 1EQ, ENGLAND.
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:
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
3,813
3,813
Loans from directors
13,362
9,712
LAMBDA TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).