LAURASIA ADAL PERIPLUS LTD

LAURASIA ADAL PERIPLUS LTD

LAURASIA ADAL PERIPLUS LTD - Company Information

Print Friendly Version

LAURASIA ADAL PERIPLUS LTD

Company Registration Number:
13321227 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

LAURASIA ADAL PERIPLUS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

LAURASIA ADAL PERIPLUS LTD

Balance sheet

As at 30 April 2023


Notes
2023
13 months to 30 April 2022


£
£
Fixed assets
Intangible assets: 3 2,804,800 1,936,800
Total fixed assets: 2,804,800 1,936,800
Current assets
Total assets less current liabilities: 2,804,800 1,936,800
Creditors: amounts falling due after more than one year: 4 (1,516,800) (648,800)
Total net assets (liabilities): 1,288,000 1,288,000
Capital and reserves
Called up share capital: 1,288,000 1,288,000
Shareholders funds: 1,288,000 1,288,000

The notes form part of these financial statements

LAURASIA ADAL PERIPLUS LTD

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 January 2024
and signed on behalf of the board by:

Name: Val Dyskin
Status: Director

The notes form part of these financial statements

LAURASIA ADAL PERIPLUS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Development costs are capitalised as an intangible asset if all of the following criteria are met: a) the technical feasibility of completing the asset so that it will be available for use or sale; b) the intention to complete the asset and use or sell it; c) the ability to use or sell the asset; d) the asset will generate probable future economic benefits and demonstrate the existence of a market or the usefulness of the asset if it is to be used internally; e) the availability of adequate technical, financial and other resources to complete the development and to use or sell it; f) the ability to measure reliably the expenditure attributable to the intangible asset.

LAURASIA ADAL PERIPLUS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 13 months to 30 April 2022
Average number of employees during the period 6 6

LAURASIA ADAL PERIPLUS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Intangible Assets

Total
Cost £
At 01 May 2022 1,936,800
Additions 868,000
At 30 April 2023 2,804,800
Net book value
At 30 April 2023 2,804,800
At 30 April 2022 1,936,800

LAURASIA ADAL PERIPLUS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due after more than one year note

Innogeo Ltd - provider of geological analysis and engineering design services in credit

LAURASIA ADAL PERIPLUS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Related party transactions

Name of the related party: Innogeo Ltd
Relationship:
Contractor
Description of the Transaction: Provider of geological analysis and engineering design services in credit
£
Balance at 01 May 2022 648,800
Balance at 30 April 2023 1,516,800