L8 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05290795 (England and Wales)

L8 Limited

Unaudited Financial Statements

for the Year Ended 30 November 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

Report of the Accountants

5

DIRECTOR:

J Moore

REGISTERED OFFICE:

26 Windmill Road

Atherstone

Warwickshire

CV9 1HP

REGISTERED NUMBER:

05290795 (England and Wales)

ACCOUNTANTS:

Astute Services Ltd

44-46 Regent Street

Rugby

Warwickshire

CV21 2PS

FIXED ASSETS

Tangible assets

4

-

833

CURRENT ASSETS

Debtors

5

75,769

77,082

Cash at bank

25,338

15,909

101,107

92,991

CREDITORS

Amounts falling due within one year

6

56,026

84,579

NET CURRENT ASSETS

45,081

8,412

TOTAL ASSETS LESS CURRENT LIABILITIES

45,081

9,245

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

44,981

9,145

SHAREHOLDERS' FUNDS

45,081

9,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2022 and were signed by:

J Moore - Director

1.	STATUTORY INFORMATION

L8 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

and 30 November 2021

4,016

DEPRECIATION

At 1 December 2020

3,183

Charge for year

833

At 30 November 2021

4,016

NET BOOK VALUE

At 30 November 2021

-

At 30 November 2020

833

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/21

30/11/20

£

£

Trade debtors

64,890

58,685

Other debtors

10,879

18,397

75,769

77,082

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/21

30/11/20

£

£

Trade creditors

12,297

29,132

Taxation and social security

39,525

51,549

Other creditors

4,204

3,898

56,026

84,579

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/21

30/11/20

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Moore.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2021 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Astute Services Ltd

44-46 Regent Street

Rugby

Warwickshire

CV21 2PS

Date: .............................................