REGISTERED NUMBER: 10399377 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Labo Management & Consulting

Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N Papaoikonomou

REGISTERED OFFICE:

4th Floor

361-373 City Road

London

EC1V 1LR

REGISTERED NUMBER:

10399377 (England and Wales)

ACCOUNTANTS:

Elemental CoSec Limited

27 Old Gloucester Street

London

WC1N 3AX

FIXED ASSETS

Tangible assets

4

784

952

Investments

5

138,548

318,186

139,332

319,138

CURRENT ASSETS

Debtors

6

298,801

126,325

Cash at bank

80,043

190,473

378,844

316,798

CREDITORS

Amounts falling due within one year

7

49,742

47,917

NET CURRENT ASSETS

329,102

268,881

TOTAL ASSETS LESS CURRENT LIABILITIES

468,434

588,019

PROVISIONS FOR LIABILITIES

-

43,699

NET ASSETS

468,434

544,320

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

468,334

544,220

SHAREHOLDERS' FUNDS

468,434

544,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

Mr N Papaoikonomou - Director

1.	STATUTORY INFORMATION

Labo Management & Consulting Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment

Investment in listed company is valued at its fair value at year end date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

1,676

Additions

628

Disposals

(1,243

)

At 31 December 2024

1,061

DEPRECIATION

At 1 January 2024

724

Charge for year

213

Eliminated on disposal

(660

)

At 31 December 2024

277

NET BOOK VALUE

At 31 December 2024

784

At 31 December 2023

952

5.	FIXED ASSET INVESTMENTS

Listed

investment

£

COST OR VALUATION

At 1 January 2024

318,186

Additions

78,312

Disposals

(234,421

)

Revaluations

(23,529

)

At 31 December 2024

138,548

NET BOOK VALUE

At 31 December 2024

138,548

At 31 December 2023

318,186

Cost or valuation at 31 December 2024 is represented by:

Listed

investment

£

Valuation in 2023

174,794

Cost

162,077

336,871

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

28,465

10,373

Other debtors

270,336

115,952

298,801

126,325

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

420

4,417

Taxation and social security

37,592

38,474

Other creditors

11,730

5,026

49,742

47,917

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N Papaoikonomou.