1 March 2024 v2025.59.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP118226402024-03-012025-02-27118226402025-02-2711822640bus:Director12024-03-012025-02-2711822640bus:RegisteredOffice2024-03-012025-02-27118226402023-03-012024-02-27118226402024-02-2711822640core:WithinOneYear2025-02-2711822640core:WithinOneYear2024-02-2711822640core:AfterOneYear2025-02-2711822640core:AfterOneYear2024-02-2711822640core:ShareCapital2025-02-2711822640core:ShareCapital2024-02-2711822640core:RetainedEarningsAccumulatedLosses2025-02-2711822640core:RetainedEarningsAccumulatedLosses2024-02-2711822640core:OfficeEquipment2024-03-012025-02-2711822640core:LandBuildings2024-03-0111822640core:PlantMachinery2024-03-01118226402024-03-0111822640core:LandBuildings2024-03-012025-02-2711822640core:LandBuildings2025-02-2711822640core:PlantMachinery2025-02-2711822640core:PlantMachinery2024-03-012025-02-2711822640core:LandBuildings2024-02-2711822640core:PlantMachinery2024-02-271182264012024-03-012025-02-2711822640countries:EnglandWales2024-03-012025-02-2711822640bus:AuditExemptWithAccountantsReport2024-03-012025-02-2711822640bus:PrivateLimitedCompanyLtd2024-03-012025-02-2711822640bus:SmallEntities2024-03-012025-02-2711822640bus:FullAccounts2024-03-012025-02-27
Company registration number:
11822640
LONDON CAPITAL LTD
Unaudited Financial Statements for the year ended
27 February 2025
Accountrivia Limited
176 Cranbrook Road, Ilford, Essex, IG1 4LX, United Kingdom
LONDON CAPITAL LTD
Officers and Professional Advisers
Year ended
27 February 2025
Director
Kamran Saeed
Registered office
9 Hind Close
London
IG7 4EA
United Kingdom
Accountant
Accountrivia Limited
176 Cranbrook Road
Ilford
Essex
IG1 4LX
United Kingdom
LONDON CAPITAL LTD
Director's Report
Year ended
27 February 2025
The director presents the report and the unaudited
financial statements
of the company for the year ended 27 February 2025.

Directors

The director who served the company during the year was as follows:
Kamran Saeed

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
9 September 2025
and signed on behalf of the board by:
Kamran Saeed
Director
LONDON CAPITAL LTD
Report to the board of directors on the preparation of the unaudited statutory financial statements of LONDON CAPITAL LTD
Year ended
27 February 2025
As described on the statement of financial position, the Board of Directors of
LONDON CAPITAL LTD
are responsible for the preparation of the
financial statements
for the year ended
27 February 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Accountrivia Limited
176 Cranbrook Road
Ilford
Essex
IG1 4LX
United Kingdom
Date:
9 September 2025
LONDON CAPITAL LTD
Income Statement
Year ended
27 February 2025
20252024
££
Turnover
206,412
 
192,710
 
Cost of sales
(2,084
 ) -  
Gross profit
204,328
 
192,710
 
Administrative expenses
(59,367
 )
(63,748
 )
Operating profit
144,961
 
128,962
 
Other interest receivable and similar income -  
2,244
 
Interest payable and similar expenses
(92,433
 )
(75,742
 )
Profit before tax
52,528
 
55,464
 
Tax on profit
(10,220
 )
(10,815
 )
Profit for the financial year
42,308
 
44,649
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
LONDON CAPITAL LTD
Statement of Financial Position
27 February 2025
20252024
Note££
Fixed assets    
Tangible assets 5
2,404,400
 
2,234,714
 
Current assets    
Debtors 6
391,171
 
615,889
 
Cash at bank and in hand
150,356
 
11,420
 
541,527
 
627,309
 
Creditors: amounts falling due within one year 7
(556,883
 )
(614,049
 )
Net current (liabilities)/assets
(15,356
 )
13,260
 
Total assets less current liabilities 2,389,044   2,247,974  
Creditors: amounts falling due after more than one year 8
(2,254,168
 )
(2,155,406
 )
Net assets
134,876
 
92,568
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
134,875
 
92,567
 
Shareholders funds
134,876
 
92,568
 
For the year ending
27 February 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • 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;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
9 September 2025
, and are signed on behalf of the board by:
Kamran Saeed
Director
Company registration number:
11822640
LONDON CAPITAL LTD
Notes to the Financial Statements
Year ended
27 February 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
9 Hind Close
,
London
,
IG7 4EA
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 March 2024
2,234,264
 
600
 
2,234,864
 
Additions
264,036
  -  
264,036
 
Disposals
(94,200
 ) -  
(94,200
 )
At
27 February 2025
2,404,100
 
600
 
2,404,700
 
Depreciation      
At
1 March 2024
 -  
150
 
150
 
Charge -  
150
 
150
 
At
27 February 2025
 -  
300
 
300
 
Carrying amount      
At
27 February 2025
2,404,100
 
300
 
2,404,400
 
At 27 February 2024
2,234,264
 
450
 
2,234,714
 

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
Land and buildingsLand and buildings
20252024
££
Aggregate historical cost 2,136,763   2,136,763  
Carrying amount 2,136,763   2,136,763  

6 Debtors

20252024
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest
356,740
 
581,458
 
Other debtors
34,431
 
34,431
 
391,171
 
615,889
 
The debtors above include the following amounts falling due after more than one year:

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
2,650
  -  
Amounts owed to group undertakings and undertakings in which the company has a participating interest
529,006
 
589,156
 
Taxation and social security
17,655
 
18,321
 
Other creditors
7,572
 
6,572
 
556,883
 
614,049
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
1,764,753
 
1,770,963
 
Other creditors
489,415
 
384,443
 
2,254,168
 
2,155,406