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REGISTERED NUMBER: 12779049 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

LDN COMMUNICATIONS LTD

LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LDN COMMUNICATIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs Nazer Bullen
Mrs Kara Louise Grace Goodley





REGISTERED OFFICE: 12a Saville Row
London
W1S 3PQ





REGISTERED NUMBER: 12779049 (England and Wales)





ACCOUNTANTS: Syers McGill
9 Kerry Street
Horsforth
Leeds
West Yorkshire
LS18 4AW

LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,400 2,800
Tangible assets 5 63,319 36,394
64,719 39,194

CURRENT ASSETS
Debtors 6 256,458 95,408
Cash at bank 197,615 203,464
454,073 298,872
CREDITORS
Amounts falling due within one year 7 237,202 169,254
NET CURRENT ASSETS 216,871 129,618
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,590

168,812

PROVISIONS FOR LIABILITIES 8 4,958 -
NET ASSETS 276,632 168,812

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 276,532 168,712
SHAREHOLDERS' FUNDS 276,632 168,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

BALANCE SHEET - continued
31 JULY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:




Mrs Nazer Bullen - Director



Mrs Kara Louise Grace Goodley - Director


LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

LDN Communications Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 7,000
AMORTISATION
At 1 August 2023 4,200
Amortisation for year 1,400
At 31 July 2024 5,600
NET BOOK VALUE
At 31 July 2024 1,400
At 31 July 2023 2,800

LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 34,578 - 4,715 39,293
Additions 10,505 24,666 - 35,171
At 31 July 2024 45,083 24,666 4,715 74,464
DEPRECIATION
At 1 August 2023 692 - 2,207 2,899
Charge for year 901 6,167 1,178 8,246
At 31 July 2024 1,593 6,167 3,385 11,145
NET BOOK VALUE
At 31 July 2024 43,490 18,499 1,330 63,319
At 31 July 2023 33,886 - 2,508 36,394

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 229,318 60,795
Other debtors 15,000 15,000
Prepayments and accrued income 12,140 19,613
256,458 95,408

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 47,727 38,035
Tax 98,056 58,249
Social security and other taxes 524 518
VAT 67,989 49,123
Other creditors 17,732 18,473
Directors' current accounts 1,881 1,856
Accruals and deferred income 3,293 3,000
237,202 169,254

LDN COMMUNICATIONS LTD (REGISTERED NUMBER: 12779049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 4,958 -

Deferred
tax
£   
Provided during year 4,958
Balance at 31 July 2024 4,958

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 August 2023 168,712
Profit for the year 287,820
Dividends (180,000 )
At 31 July 2024 276,532

11. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.