Company Registration No. 10460585 (England and Wales)
Locksmith In London Limited
Unaudited accounts
for the year ended 28 November 2024
Locksmith In London Limited
Unaudited accounts
Contents
Locksmith In London Limited
Company Information
for the year ended 28 November 2024
Director
Syed Kashaf Iqbal
Company Number
10460585 (England and Wales)
Registered Office
27 Old Gloucester Street
London
London
WC1N 3AX
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Locksmith In London Limited
Statement of financial position
as at 28 November 2024
Cash at bank and in hand
35,126
9,310
Creditors: amounts falling due within one year
(37,479)
(11,513)
Net current assets
37,008
26,256
Total assets less current liabilities
37,407
31,116
Creditors: amounts falling due after more than one year
(75,655)
(76,028)
Net liabilities
(38,248)
(44,912)
Called up share capital
100
100
Profit and loss account
(38,348)
(45,012)
Shareholders' funds
(38,248)
(44,912)
For the year ending 28 November 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 28 August 2025 and were signed on its behalf by
Syed Kashaf Iqbal
Director
Company Registration No. 10460585
Locksmith In London Limited
Notes to the Accounts
for the year ended 28 November 2024
Locksmith In London Limited is a private company, limited by shares, registered in England and Wales, registration number 10460585. The registered office is 27 Old Gloucester Street, London, London, WC1N 3AX, England.
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 accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
Computer equipment
20% on cost.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 29 November 2023
18,712
7,003
25,715
At 28 November 2024
18,712
7,003
25,715
At 29 November 2023
15,652
5,203
20,855
Charge for the year
3,060
1,401
4,461
At 28 November 2024
18,712
6,604
25,316
At 28 November 2024
-
399
399
At 28 November 2023
3,060
1,800
4,860
Locksmith In London Limited
Notes to the Accounts
for the year ended 28 November 2024
Amounts falling due within one year
Trade debtors
15,906
10,864
Accrued income and prepayments
1,200
1,200
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,604
710
Other creditors
7,744
1,425
Loans from directors
9,821
7,125
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
40,000
40,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 28 November 2024 the company owed £49,820.64/- to Syed Kashaf Iqbal as a result of loans made to the company. The loans are unsecured and interest free.
The Director, Syed Kashaf Iqbal controls the company as a result of controlling directly 100% of the issued share capital.
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Average number of employees
During the year the average number of employees was 5 (2023: 2).