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Company Registration No. 08027936 (England and Wales)
LB Accounting Limited Unaudited accounts for the year ended 31 March 2025
LB Accounting Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LB Accounting Limited Company Information for the year ended 31 March 2025
Directors
Mr D H Brian Mrs L Brian
Company Number
08027936 (England and Wales)
Registered Office
Building 6 30 Friern Park London N12 9DA
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LB Accounting Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
16,843
8,664
Cash at bank and in hand
40,135
30,010
56,978
38,674
Creditors: amounts falling due within one year
6
(11,981)
(7,639)
Net current assets
44,997
31,035
Net assets
44,997
31,035
Capital and reserves
Called up share capital
2
2
Profit and loss account
44,995
31,033
Shareholders' funds
44,997
31,035
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by
Mrs L Brian Director Company Registration No. 08027936
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LB Accounting Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
LB Accounting Limited is a private company, limited by shares, registered in England and Wales, registration number 08027936. The registered office is Building 6, 30 Friern Park, London, N12 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
3,398
At 31 March 2025
3,398
Depreciation
At 1 April 2024
3,398
At 31 March 2025
3,398
Net book value
At 31 March 2025
-
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LB Accounting Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
12,941
8,664
Accrued income and prepayments
3,902
-
16,843
8,664
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
11,046
7,160
Loans from directors
35
79
Accruals
900
400
11,981
7,639
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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