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LONDON SYSTEMS LIMITED

Registered Number
06935329
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

LONDON SYSTEMS LIMITED
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors

Jonathan Boucher
Scott Boucher
Thomas Maloney
Paul Woothipoom

Registered Address

Unit 4 The Flag Store
23 Queen Elizabeth Street
London
SE1 2LP

Registered Number

06935329 (England and Wales)
LONDON SYSTEMS LIMITED
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Called up share capital not paid100100
Current assets
Debtors5,32814,442
Cash at bank and on hand165,30569,166
170,63383,608
Creditors amounts falling due within one year3(140,607)(66,338)
Net current assets (liabilities)30,12617,370
Total assets less current liabilities30,12617,370
Net assets30,12617,370
Capital and reserves
Called up share capital100100
Profit and loss account30,02617,270
Shareholders' funds30,12617,370
The financial statements were approved and authorised for issue by the Board of Directors on 18 July 2025, and are signed on its behalf by:
Scott Boucher
Director
Registered Company No. 06935329
LONDON SYSTEMS LIMITED
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.Average number of employees

20252024
Average number of employees during the year44
3.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables57,60028,800
Bank borrowings and overdrafts42,962-
Taxation and social security40,04537,538
Total140,60766,338
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.