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Registered number: |
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Statement of Financial Position | |||||||
as at |
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Notes | 2020 | 2019 | |||||
US$ | US$ | ||||||
Fixed assets | |||||||
Intangible assets | 3 |
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Financial assets | 4 |
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Current assets | |||||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 6 | ( |
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Net current liabilities | ( |
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Net liabilities | ( |
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Capital and reserves | |||||||
Called up share capital |
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Profit and loss account | ( |
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Shareholder's funds | ( |
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R L Cooper | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
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Going concern | ||||||||
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the director of the company is funding the company in the form of a director’s loan. The director is planning to continue this financial support for the company for the foreseeable future. | ||||||||
Group accounts | ||||||||
The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financials statements therefore present information about the company as an individual undertaking and not about its group. | ||||||||
Intangible fixed assets | ||||||||
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Investments | ||||||||
Unlisted investments (other than investments in subsidiaries, associates and joint ventures) are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value/Impairment losses are included in the profit and loss account. |
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Debtors | ||||||||
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Creditors | ||||||||
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Taxation | ||||||||
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Foreign currency translation | ||||||||
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2 | Employees | 2020 | 2019 | |||||
Number | Number | |||||||
Average number of persons employed by the company |
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3 | Intangible fixed assets | US$ | ||||||
Trademark and intellectual property: | ||||||||
Cost | ||||||||
At 1 November 2019 |
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Additions |
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At 31 October 2020 |
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Amortisation | ||||||||
At 1 November 2019 |
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Provided during the year |
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At 31 October 2020 |
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Net book value | ||||||||
At 31 October 2020 |
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At 31 October 2019 |
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The trademark is being written off in equal annual instalments over its estimated economic life of 10 years. The intellectual property is also being written off in equal annual instalments over its estimated economic life of 10 years. | ||||||||
4 | Tangible fixed financial assets | |||||||
Investments in subsidiary undertakings | Unlisted investments | Total | ||||||
US$ | US$ | US$ | ||||||
Cost | ||||||||
At 1 November 2019 |
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Additions | - |
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At 31 October 2020 |
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Fair value adjustment | ||||||||
At 31 October 2020 | - | - | - | |||||
Net book value | ||||||||
At 31 October 2020 |
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At 31 October 2019 |
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5 | Debtors | 2020 | 2019 | |||||
US$ | US$ | |||||||
Trade debtors |
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Other debtors |
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6 | Creditors: amounts falling due within one year | 2020 | 2019 | |||||
US$ | US$ | |||||||
Trade creditors |
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Other creditors |
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7 | Controlling party | |||||||
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8 | Other information | |||||||
Legal Intelligence Group Ltd is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
1st Floor, 8 Bridle Close | ||||||||
Kingston Upon Thames | ||||||||
Surrey | ||||||||
KT1 2JW |