ACCOUNTS - Final Accounts preparation

Registered number: 15665833

LONDRES UK SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD 22 APRIL 2024 TO 31 DECEMBER 2024

LONDRES UK SERVICES LIMITED

REGISTERED NUMBER: 15665833

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024
Note	£


Current assets
Debtors: amounts falling due within one year	4	37,794
Cash at bank		34,005
		71,799
Creditors: amounts falling due within one year	5	(74,345)

Net (liabilities)/assets		(2,546)

Capital and reserves
Called up share capital	7	1
Profit and loss account		(2,547)
		(2,546)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.

C Buttigieg

Director

The notes on form part of these financial statements.

LONDRES UK SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Londres UK Services Limited is a private limited company, incorporated in England and Wales, registered
number 15665833. The registered address is 10 Queen Street Place, London, EC4R 1AG. Which is also
the principal place of business.
The company was incorporated and commenced trade on 22 April 2024. The principal activity of the
company is management consultancy.
The presentational and reporting currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised in accordance with the relevant management agreements.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

LONDRES UK SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash deposits with financial institutions repayable without penalty on notice
of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Employees

The average monthly number of employees, excluding directors, during the period was 1.

LONDRES UK SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

Debtors

					2024
					£


	Amounts owed by related companies	29,919
	Other debtors	5,302
	Prepayments and accrued income	2,500
	Deferred taxation	73
		37,794

5.	Creditors: Amounts falling due within one year
		2024
		£

	Trade creditors	10,629
	Amounts owed to related companies	27,939
	Corporation tax	2,327
	Other taxation and social security	8,556
	Other creditors	294
	Accruals and deferred income	24,600
		74,345

6.	Deferred taxation

		2024
		£

	Charged to profit or loss	73
	At end of year	73

	The deferred tax asset is made up as follows:
					2024
					£

	Origination and reversal of timing differences	73
		73

LONDRES UK SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

7.	Share capital
		2024
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

Upon incorporation, 1 Ordinary shares of £1.00 per share were issued.

8.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £770. Contributions
totalling £294 were payable to the fund at the reporting date and are included in creditors.

9.	Related party transactions
	As at 31 December 2024 the Company was owed £29,919 from other related parties, who have Directors and Shareholders in common. As at 31 December 2024 the Company owed £27,939 to other related parties, who have Directors and Shareholders in common.

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