Company Registration No. 12350179 (England and Wales)
LGBI Limited
Unaudited accounts
for the year ended 31 March 2025
LGBI Limited
Unaudited accounts
Contents
LGBI Limited
Company Information
for the year ended 31 March 2025
Company Number
12350179 (England and Wales)
Registered Office
1st Floor Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands
DY5 1LX
LGBI Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
17,000
25,795
Creditors: amounts falling due within one year
(18,449)
(23,866)
Net current assets
9,799
13,708
Called up share capital
100
100
Profit and loss account
10,287
14,756
Shareholders' funds
10,387
14,856
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 director acknowledges her 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 and authorised for issue on 4 November 2025 and were signed on its behalf by
L Johnson
Director
Company Registration No. 12350179
LGBI Limited
Notes to the Accounts
for the year ended 31 March 2025
LGBI Limited is a private company, limited by shares, registered in England and Wales, registration number 12350179. The registered office is 1st Floor Waterfront One, Waterfront Business Park, Brierley Hill, West Midlands, DY5 1LX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
11,248
11,279
Accrued income and prepayments
-
500
LGBI Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
16,989
22,317
Loans from directors
452
667
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).