Registered number
13622178
London School Of Leadership, Investment, And Technology Ltd
Filleted Accounts
30 September 2024
London School Of Leadership, Investment, And Technology Ltd
Registered number: 13622178
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,899 3,194
Current assets
Cash at bank and in hand 3,515 1,375
Creditors: amounts falling due within one year 4 (74,023) (40,787)
Net current liabilities (70,508) (39,412)
Net liabilities (66,609) (36,218)
Capital and reserves
Called up share capital 100 100
Profit and loss account (66,709) (36,318)
Shareholders' funds (66,609) (36,218)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Niaz Chowdhury
Director
Approved by the board on 31 December 2025
London School Of Leadership, Investment, And Technology Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Revenue represents income from the provision of education, training, and related professional services and is recognised as the services are delivered. Amounts received in advance are deferred until the services are performed.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, and computer 5 years SL Basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
Current tax is recognised as the amount of income tax payable in respect of the profit for the period. Deferred tax is recognised in respect of timing differences between items recognised in the financial statements and their treatment for tax purposes, using tax rates enacted or substantively enacted at the reporting date. Tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 3,993
Additions 1,879
At 30 September 2024 5,872
Depreciation
At 1 October 2023 799
Charge for the year 1,174
At 30 September 2024 1,973
Net book value
At 30 September 2024 3,899
At 30 September 2023 3,194
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,396 2,300
Taxation and social security costs (200) -
Other creditors 71,827 38,487
74,023 40,787
5 Other information
London School Of Leadership, Investment, And Technology Ltd is a private company limited by shares and incorporated in England. Its registered office is:
14 Gyosei Gardens
Willen Park
Milton Keynes
MK15 9EN
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