LIBERTY INFRASTRUCTURE COMPANY LIMITED - Accounts

LIBERTY INFRASTRUCTURE COMPANY LIMITED - Accounts

LIBERTY INFRASTRUCTURE COMPANY LIMITED - Company Information

Print Friendly Version

2022-09-01 2023-08-31 false Capium Accounts Production 1.1 11501686 bus:AbridgedAccounts 2022-09-01 2023-08-31 11501686 bus:FRS102 2022-09-01 2023-08-31 11501686 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11501686 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 11501686 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11501686 2022-09-01 2023-08-31 11501686 2023-08-31 11501686 bus:RegisteredOffice 2022-09-01 2023-08-31 11501686 core:WithinOneYear 2023-08-31 11501686 core:AfterOneYear 2023-08-31 11501686 bus:Director1 2022-09-01 2023-08-31 11501686 bus:Director1 2023-08-31 11501686 bus:Director1 2021-09-01 2022-08-31 11501686 2021-09-01 11501686 bus:CompanySecretary1 2022-09-01 2023-08-31 11501686 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 11501686 2021-09-01 2022-08-31 11501686 2022-08-31 11501686 core:WithinOneYear 2022-08-31 11501686 core:AfterOneYear 2022-08-31 11501686 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 11501686 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 11501686 bus:OrdinaryShareClass1 2023-08-31 11501686 bus:OrdinaryShareClass1 2021-09-01 2022-08-31 11501686 bus:OrdinaryShareClass1 2022-08-31 11501686 core:ComputerEquipment 2022-09-01 2023-08-31 11501686 core:ComputerEquipment 2023-08-31 11501686 core:ComputerEquipment 2022-08-31 11501686 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 11501686 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 11501686 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 11501686 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 11501686 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 11501686 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 11501686 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 11501686 core:Non-currentFinancialInstruments 2023-08-31 11501686 core:Non-currentFinancialInstruments 2022-08-31 11501686 core:CapitalRedemptionReserve 2023-08-31 11501686 core:CapitalRedemptionReserve 2022-08-31 11501686 core:RetainedEarningsAccumulatedLosses 2023-08-31 11501686 core:RetainedEarningsAccumulatedLosses 2022-08-31 11501686 dpl:Item1 2022-09-01 11501686 dpl:Item1 2023-08-31 11501686 dpl:Item1 2021-09-01 11501686 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11501686
England and Wales

 

 

 

LIBERTY INFRASTRUCTURE COMPANY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

LIBERTY INFRASTRUCTURE COMPANY LIMITED
Contents Page
For the year ended 31 August 2023
Accountants report: You consider that the company is exempt from an audit for the year ended 31 August 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. 
Paul Ono 
Chartered Accountant 




....................................................
CPPT & ACCOUNTANCY SERVICES LIMITED
UNIT 203A
ISLAND BUSINESS CENTRE
18 - 36 WELLINGTON STREET
LONDON
SE18 6PF
17 June 2024
1
 
 		 Notes
 		 2023
£		   2022
£
Fixed assets      
Tangible fixed assets 6 150    300 
150    300 
Current assets      
Debtors 48    57 
Net current assets 48    57 
 
Total assets less current liabilities 198    357 
Net assets 198    357 
 

Capital and reserves 		     
Capital Redemption Reserve (67)   107 
Profit and loss account 265    250 
Shareholder's funds 198    357 
 


For the accounting period ended 31 August 2023, the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the financial year ended 31 August 2023 in question in accordance with section 476.
  2. 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 for the financial year ended 31 August 2023.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 14 June 2024 and were signed by:


-------------------------------
ADEYEMI OLAYINKA ADESANYA
Director
2
General Information
The Company is name is Liberty Infrastructure Company Limited. The company is a Private Limited Company and was incorporated on 6 August 2018. The company's registered office address is 31 Lyndhurst Road, Bexleyheath, Kent, DA7 6DG. The company is registered in England and Wales.


The presentation currency is £ sterling
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements for the accounting year period ended 31 August 2023, have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
The Company Turnover for the financial year ended 31 August 2023, comprises the invoiced value of goods and services supplied by the company to third parties, exclusive of Value Added Tax and trade discounts.
Cost of sales
Cost of Sales represents the cost of goods sold and services rendered during accounting period ended 31 August 2023.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis over 4 years years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer, Printer and Laptop at the cost of £600 and 25% Straight Line for over 4 years - reducing Balance.
Computer Equipment, Laptop & Printer 25% / 4 Reducing Balance
2.

Directors' Emoluments

2023   2022
0    0 
 
Number of directors to whom retirement benefits accrued Number   Number
Defined contribution plans 1    1 
Defined benefit plans 1    1 
Directors Emoluments are either salaries or dividends being paid to the directors of the company during the financial year period ended 31 August 2023.

3.

Staff Costs

2023   2022
 
Average number of employees during the year Number   Number
Administration 1    1 
1    1 
The director's remuneration represents staff costs for the financial year ended 31 August 2023. 

4.

Average number of employees

 The Average number of employees for the financial year ended 31 August 2023 is: 1 
Average number of employees during the year was 1 (2022 : 1).
5.

Financial Commitments, Guarantees and Contingencies

The director of the company is committed to ensuring that the business is sustainable and profitable and will be prepared to commit more personal financial resources to the business to ensure it does not fail.

6.

Tangible fixed assets

Cost or valuation Computer Equipment, Laptop & Printer   Total
  £   £
At 01 September 2022 -    - 
Additions 300    300 
Disposals -    - 
At 31 August 2023 300    300 
Depreciation
At 01 September 2022 -    - 
Charge for year 150    150 
On disposals -    - 
At 31 August 2023 150    150 
Net book values
Closing balance as at 31 August 2023 150    150 
Opening balance as at 01 September 2022 300    300 


7.

Share Capital

Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
2023
£		   2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

3