London Gold Club Limited

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

Registered number: 12278531

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		5,362		6,128

			5,362		6,128
Creditors: Amounts Falling Due Within One Year	5	(18,086 )		(15,996 )

NET CURRENT ASSETS (LIABILITIES)			(18,086 )		(15,996 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(12,724 )		(9,868 )

NET LIABILITIES			(12,724 )		(9,868 )

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			(12,824 )		(9,968 )

SHAREHOLDERS' FUNDS			(12,724)		(9,868)

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 Gold Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12278531 . The registered office is 46 Park Lane, London, W1K 1PW.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Patents and licenses. It is amortised to income statement over its estimated economic life of 10 years.

3. Average Number of Employees

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

4. Intangible Assets

	Patents & licences
	£
Cost
As at 1 January 2024	7,660

As at 31 December 2024	7,660

Amortisation
As at 1 January 2024	1,532
Provided during the period	766

As at 31 December 2024	2,298

Net Book Value
As at 31 December 2024	5,362

As at 1 January 2024	6,128

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	1,320	660
Amounts owed to related parties	16,766	15,336

	18,086	15,996

6. Related Party Transactions

As at 31 December 2024, London Gold Club Limited owed £16,766 (2023: £15,336) to IBV Management London Limited. These loans are unsecured, interest free, repayable on demand and also long term in nature.