London VIP Protect Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2

Registered number: 12234618

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	40		25
Cash at bank and in hand		1,129		528

		1,169		553
Creditors: Amounts Falling Due Within One Year	5	(24,570 )		(20,840 )

NET CURRENT ASSETS (LIABILITIES)			(23,401 )		(20,287 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(23,401 )		(20,287 )

Creditors: Amounts Falling Due After More Than One Year	6		(62,520 )		(62,520 )

NET LIABILITIES			(85,921 )		(82,807 )

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			(86,021 )		(82,907 )

SHAREHOLDERS' FUNDS			(85,921)		(82,807)

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 member has 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.

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 Income Statement.

On behalf of the board

Mr J J Hoey

Director

30/09/2025

The notes on page 2 form part of these financial statements.

1. General Information

London VIP Protect Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12234618 . The registered office is 46 Park Lane, Mayfair, London, W1K 1PW.

The company changed its name from IBV Prive (London) Limited to London VIP Protect Limited on 20 August 2025. These financial statements are prepared and presented under the new company name.

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.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

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

4. Debtors

	2024	2023
	£	£
Due within one year
VAT recoverable	40	25

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	3,730	-
Amounts owed to related parties	20,840	20,840

	24,570	20,840

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

	2024	2023
	£	£
Loans from related parties	62,520	62,520

7. Related Party Transactions

As at 31 December 2024, London VIP Protect Limited owed £83,360 (2023: £83,360) to IBV Management London Limited. This loan is unsecured, interest free, repayable on demand and also long term in nature.

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