Company Registration No. 14493011 (England and Wales)
LPI UK & Ireland Ltd
Unaudited accounts
for the year ended 31 December 2024
LPI UK & Ireland Ltd
Unaudited accounts
Contents
LPI UK & Ireland Ltd
Company Information
for the year ended 31 December 2024
Company Number
14493011 (England and Wales)
Registered Office
Suite G04, 1 Quality Court
Chancery Lane
London
WC2A 1HR
LPI UK & Ireland Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
16,140
3,067
Creditors: amounts falling due within one year
(229,657)
(57,631)
Net current (liabilities)/assets
(119,508)
35,651
Net (liabilities)/assets
(119,508)
35,651
Called up share capital
100
100
Profit and loss account
(119,608)
35,551
Shareholders' funds
(119,508)
35,651
For the year ending 31 December 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 his 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 23 May 2025 and were signed on its behalf by
M R Gravell
Director
Company Registration No. 14493011
LPI UK & Ireland Ltd
Notes to the Accounts
for the year ended 31 December 2024
LPI UK & Ireland Ltd is a private company, limited by shares, registered in England and Wales, registration number 14493011. The registered office is Suite G04, 1 Quality Court, Chancery Lane, London, WC2A 1HR.
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 company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The accounts have been prepared on a going concern basis on the understanding that the group will continue to support the company for the foreseeable future.
LPI UK & Ireland Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
66,917
65,518
Accrued income and prepayments
11,730
22,995
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,448
7,614
Amounts owed to group undertakings and other participating interests
215,558
32,178
Taxes and social security
5,096
10,662
Other creditors
6,755
3,361
The parent of the smallest group in which these financial statements are consolidated is Leadership Pipeline Institute A/S, incorporated in Denmark:
The address of Leadership Pipeline Institute A/S is:
Bredgade 30
DK-1260 København K
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).