London Executive Accommodation & Relocations Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 02674517

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		54,443		59,212

			54,443		59,212
CURRENT ASSETS
Debtors	5	36,768		167,867
Cash at bank and in hand		349,747		250,041

		386,515		417,908
Creditors: Amounts Falling Due Within One Year	6	(78,306 )		(101,259 )

NET CURRENT ASSETS (LIABILITIES)			308,209		316,649

TOTAL ASSETS LESS CURRENT LIABILITIES			362,652		375,861

Creditors: Amounts Falling Due After More Than One Year	7		(7,500 )		(17,500 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(12,638 )		(14,803 )

NET ASSETS			342,514		343,558

CAPITAL AND RESERVES
Called up share capital	8		2,060		2,060
Profit and Loss Account			340,454		341,498

SHAREHOLDERS' FUNDS			342,514		343,558

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London Executive Accommodation & Relocations Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Georges Verdis

Director

09/05/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

London Executive Accommodation & Relocations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02674517 . The registered office is 65 York Street, London, England, W1H 1PQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Presentation Currency

The accounts are presented in £ sterling

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line over 30 years
Fixtures & Fittings	25% on reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2023: 7)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	14,177	272,109	286,286
Additions	-	9,616	9,616

As at 31 December 2024	14,177	281,725	295,902

Depreciation
As at 1 January 2024	9,814	217,260	227,074
Provided during the period	473	13,912	14,385

As at 31 December 2024	10,287	231,172	241,459

Net Book Value
As at 31 December 2024	3,890	50,553	54,443

As at 1 January 2024	4,363	54,849	59,212

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London Executive Accommodation & Relocations Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	1,048	76,800
Other debtors	35,720	42,014
Directors' loan accounts	-	49,053

	36,768	167,867

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	3,817	6,660
Bank loans and overdrafts	10,000	10,000
Corporation tax	29,531	46,228
Other taxes and social security	2,403	3,430
VAT	21,565	24,085
Net wages	370	10,856
Other creditors	9,861	-
Directors' loan accounts	759	-

	78,306	101,259

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Bank loans	7,500	17,500

8. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	2,060	2,060

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