| LONDON SCHOOL OF INTERNATIONAL BUSINESS LIMITED |
| Registered number: |
08321408 |
| Balance Sheet |
| as at 31 March 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
884 |
|
|
- |
|
|
|
|
884 |
|
|
- |
|
| Current assets |
| Debtors |
4 |
|
97,451 |
|
|
10,000 |
| Cash at bank and in hand |
|
|
95,776 |
|
|
18,181 |
|
|
|
193,227 |
|
|
28,181 |
|
| Creditors: amounts falling due within one year |
5 |
|
(181,403) |
|
|
- |
|
| Net current Assets(Liabilities) |
|
|
|
11,824 |
|
|
28,181 |
|
|
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
|
12,708 |
|
|
28,181 |
|
|
|
|
|
|
|
|
|
|
| Net Assets |
|
|
|
12,708 |
|
|
28,181 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
6 |
|
|
10,000 |
|
|
10,000 |
| Profit and loss account |
|
|
|
2,708 |
|
|
18,181 |
|
| Shareholders' funds |
|
|
|
12,708 |
|
|
28,181 |
|
|
|
|
|
|
|
|
| For the year ending 31 March 2024 the company was entitiled 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 Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
|
|
|
|
| Ashish Chaudhary |
| Director |
| Approved by the board on 3 June 2025 |
|
| LONDON SCHOOL OF INTERNATIONAL BUSINESS LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation of Financial Statements |
|
The accounts have been prepared under the historical cost convention and in accordance with the provisions of the Small Companies Regime, FRS 102 Section 1A (Small Entities), "The Financial Reporting Standard applicable in the UK and Republic of Ireland," and the Companies Act 2006. |
|
|
Turnover |
|
Rendering of services |
|
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
Computer Equipment |
|
Total |
| £ |
£ |
|
Cost |
|
At 1 April 2023 |
- |
|
- |
|
Additions |
884 |
|
884 |
|
Surplus on revaluation |
- |
|
- |
|
Disposals |
- |
|
- |
|
At 31 March 2024 |
884 |
|
884 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2023 |
- |
|
- |
|
Charge for the year |
- |
|
- |
|
Surplus on revaluation |
- |
|
- |
|
On disposals |
- |
|
- |
|
At 31 March 2024 |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
884 |
|
884 |
|
At 31 March 2023 |
- |
|
- |
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Due within one year |
|
Other debtors |
60,056 |
|
Other taxes and social security |
27,395 |
|
|
|
|
|
|
87,451 |
|
- |
|
|
|
|
|
|
|
|
|
|
Due after more than one year |
|
Other debtors |
10,000 |
|
10,000 |
|
|
|
|
|
|
97,451 |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Taxation and social security costs |
11,680 |
|
- |
|
Other creditors |
169,723 |
|
- |
|
|
|
|
|
|
181,403 |
|
- |
|
| 6 |
Share Capital |
2024 |
|
2023 |
| £ |
£ |
|
Alloted,Called up and fully paid |
10,000 |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
LONDON SCHOOL OF INTERNATIONAL BUSINESS LIMITED is a private company limited by shares and incorporated in England. Its registered office is Georgian Way,Harrow,england,HA1 3LF. |