L&F Consultants Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 14832521

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,750		5,000

			3,750		5,000
CURRENT ASSETS
Debtors	5	20,592		-
Cash at bank and in hand		3,564		4,163

		24,156		4,163
Creditors: Amounts Falling Due Within One Year	6	(26,526 )		(8,563 )

NET CURRENT ASSETS (LIABILITIES)			(2,370 )		(4,400 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,380		600

NET ASSETS			1,380		600

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			1,379		599

SHAREHOLDERS' FUNDS			1,380		600

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 Profit and Loss Account.

On behalf of the board

Mr Lewis Moss

Director

05/08/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

L&F Consultants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14832521 . The registered office is 78 York Street, London, W1H 1DP.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	1,000	4,000	5,000

As at 31 December 2024	1,000	4,000	5,000

Depreciation
As at 1 January 2024	-	-	-
Provided during the period	250	1,000	1,250

As at 31 December 2024	250	1,000	1,250

...CONTINUED

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L&F Consultants Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	750	3,000	3,750

As at 1 January 2024	1,000	4,000	5,000

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Other debtors	20,592	-

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	2,715	-
Other creditors	1,700	3,139
Taxation and social security	22,111	5,424

	26,526	8,563

7. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Lewis Moss	(639 )	116,147	94,091	-	21,417

As at the balance sheet date, the company was owed £21,417 (2023: £639 owed to) by the director and the shareholder of the company. The loan is unsecured, interest free and is getting paid within 9 months.

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