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LINDA PETERS ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Linda Peters Associates Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The trading address is 63 Morley Road, East Twickenham, Middlesex, TW1 2HG.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The company's functional and presentational currency is GBP, rounded to the nearest £.
The following principal accounting policies have been applied:
’The Coronavirus (COVID-19) pandemic outbreak is affecting several business on a national and worldwide level. The director considered this event to be a non-adjusting post balance sheet event and therefore did not affect the various elements presented in these financial statements.
The company is closely monitoring the course of events surrounding COVID-19. Given the uncertainty of the situation, the duration of any business disruptions and related financial impact cannot be reasonably estimated. However, the director does not consider this situation to have resulted in a material uncertainty regarding the company being able to continue as a going concern.
Revenue is recongnised at the point in which services for consultancy and training workshops are provided.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
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