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REGISTERED NUMBER: 07936445 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 October 2024

for

Limited By Invitation Limited

Limited By Invitation Limited (Registered number: 07936445)






Contents of the Financial Statements
for the Year Ended 30 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Limited By Invitation Limited

Company Information
for the Year Ended 30 October 2024







DIRECTORS: G Bourne
J H Smith





REGISTERED OFFICE: Ghl House First Floor
12-14 Albion Place
Maidstone
Kent
ME14 5DZ





REGISTERED NUMBER: 07936445 (England and Wales)





ACCOUNTANTS: Zenon Tax Limited
51 The Stream
Ditton
Aylesford
Kent
ME20 6AG

Limited By Invitation Limited (Registered number: 07936445)

Balance Sheet
30 October 2024

30.10.24 30.10.23
Notes £    £   
CURRENT ASSETS
Debtors 6 4,783 4,784

CREDITORS
Amounts falling due within one year 7 7,287 7,035
NET CURRENT LIABILITIES (2,504 ) (2,251 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,504 ) (2,251 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,604 ) (2,351 )
(2,504 ) (2,251 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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.

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 11 June 2025 and were signed on its behalf by:




G Bourne - Director



J H Smith - Director


Limited By Invitation Limited (Registered number: 07936445)

Notes to the Financial Statements
for the Year Ended 30 October 2024

1. STATUTORY INFORMATION

Limited By Invitation Limited 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.

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.

The company relies on the support of its directors for day to day working capital requirements and on this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments which may arise from this support being discontinued.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of three 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.
Plant and machinery etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Limited By Invitation Limited (Registered number: 07936445)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 October 2023
and 30 October 2024 7,875
AMORTISATION
At 31 October 2023
and 30 October 2024 7,875
NET BOOK VALUE
At 30 October 2024 -
At 30 October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 October 2023
and 30 October 2024 1,792
DEPRECIATION
At 31 October 2023
and 30 October 2024 1,792
NET BOOK VALUE
At 30 October 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.24 30.10.23
£    £   
Other debtors 4,783 4,784

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.24 30.10.23
£    £   
Trade creditors 1 2
Taxation and social security 63 63
Other creditors 7,223 6,970
7,287 7,035

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 October 2024 and 30 October 2023:

30.10.24 30.10.23
£    £   
G Bourne
Balance outstanding at start of year - 6,890
Amounts repaid - (6,890 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Limited By Invitation Limited (Registered number: 07936445)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

J H Smith
Balance outstanding at start of year (6,619 ) (3,943 )
Amounts advanced - (2,676 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (6,619 )

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, G Bourne and J H Smith.