Company registration number 00293405 (England and Wales)
LONDON FINANCE & INVESTMENT CORPORATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
LONDON FINANCE & INVESTMENT CORPORATION LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
198,221
201,520
Current assets
69,459
68,958
Prepayments and accrued income
4,323
363
Creditors: amounts falling due within one year
(8,429)
(1,909)
Net current assets
65,353
67,412
Total assets less current liabilities
263,574
268,932
Accruals and deferred income
(3,750)
(4,316)
Net assets
259,824
264,616
Capital and reserves
259,824
264,616
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the balance sheet date, a director owed the company £46,007 (2023: £45,689). The loan bears interest at 2.25% and was repaid in full post year end.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
-
0
-
0

London Finance & Investment Corporation Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 1.01 Central Court, 25 Southampton Buildings, London, WC2A 1AL.

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

LONDON FINANCE & INVESTMENT CORPORATION LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024
31 August 2024
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 May 2025 and are signed on its behalf by:
C Latilla-Campbell
Director
Company registration number 00293405 (England and Wales)
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