Libra Associates Limited Filleted accounts for Companies House (small and micro)

LIBRA ASSOCIATES LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 05192378

Libra Associates Limited

Filleted Unaudited Financial Statements

31 July 2022

Libra Associates Limited

Statement of Financial Position

31 July 2022

	2022		2021
	£	£	£
Fixed assets		1,730,441	1,624,936
		------------	------------

Current assets		111,458	223,761

Creditors: amounts falling due within one year	796,487	732,808
	------------	------------
Net current liabilities	( 685,029)	( 509,047)
	------------	------------
Total assets less current liabilities	1,045,412	1,115,889

Accruals and deferred income	44,193	5,333
	------------	------------
	1,001,219	1,110,556
	------------	------------

Capital and reserves	1,001,219	1,110,556
	------------	------------

Notes to the financial statements

1. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2022
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr N Armstrong	48,217	( 93,472)	45,000	( 255)
	--------	--------	--------	----

	2021
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr N Armstrong	359,745	( 361,514)	49,986	48,217
	---------	---------	--------	--------

For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 27 April 2023 , and are signed on behalf of the board by:

Mr N Armstrong
Director

Company registration number: 05192378

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/o Unit 2 Acan Business Park, Garrard Way, Telford Way Industrial Estate, Kettering, NN16 8TD, Northants.