COMPANY REGISTRATION NUMBER:
06331262
The Leadership Agency Limited
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Filleted Unaudited Financial Statements
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The Leadership Agency Limited
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Statement of Financial Position
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31 March 2021
Current assets
Debtors
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4
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6,216
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6,216
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Cash at bank and in hand
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1,964
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1,964
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-------
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-------
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8,180
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8,180
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-------
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-------
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Net current assets
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8,180
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8,180
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-------
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-------
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Total assets less current liabilities
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8,180
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8,180
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-------
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-------
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Capital and reserves
Called up share capital
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148
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148
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Profit and loss account
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8,032
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8,032
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-------
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-------
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Shareholders funds
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8,180
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8,180
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-------
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-------
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' 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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
18 March 2022
, and are signed on behalf of the board by:
Company registration number:
06331262
The Leadership Agency Limited
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Notes to the Financial Statements
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Year ended 31 March 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 114 St. Martin's Lane, London, WC2N 4BE.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment
4.
Debtors
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2021
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2020
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£
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£
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Amounts owed by group undertakings and undertakings in which the company has a participating interest
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6,216
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6,216
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-------
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5.
Controlling party
The company's immediate parent company is Anglovision International Limited and the ultimate holding company is St. Martin's Communications Group Limited, a company registered in England and Wales. Mr
S H W Watson
is the ultimate controlling party.