Company Registration No. 07466737 (England and Wales)
J A Langton Limited
Unaudited accounts
for the year ended 31 January 2022
J A Langton Limited
Unaudited accounts
Contents
J A Langton Limited
Company Information
for the year ended 31 January 2022
Company Number
07466737 (England and Wales)
Registered Office
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
J A Langton Limited
Statement of financial position
as at 31 January 2022
Tangible assets
67,758
52,574
Cash at bank and in hand
15,088
11,107
Creditors: amounts falling due within one year
(60,684)
(85,715)
Net current liabilities
(10,441)
(45,258)
Total assets less current liabilities
57,317
7,316
Creditors: amounts falling due after more than one year
(59,670)
-
Net (liabilities)/assets
(2,353)
7,316
Called up share capital
1
1
Profit and loss account
(2,354)
7,315
Shareholders' funds
(2,353)
7,316
For the year ending 31 January 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 September 2022 and were signed on its behalf by
Mr J A Langton
Director
Company Registration No. 07466737
J A Langton Limited
Notes to the Accounts
for the year ended 31 January 2022
J A Langton Limited is a private company, limited by shares, registered in England and Wales, registration number 07466737. The registered office is 1 Stable Court Business Centre, Water Lane Farm Tarbock Green, Liverpool, Merseyside, L35 1RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Computer equipment
15% on reducing balance
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
J A Langton Limited
Notes to the Accounts
for the year ended 31 January 2022
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2021
133,903
2,682
136,585
Disposals
(51,699)
-
(51,699)
At 31 January 2022
164,938
2,682
167,620
At 1 February 2021
82,154
1,857
84,011
Charge for the year
22,352
124
22,476
On disposals
(6,625)
-
(6,625)
At 31 January 2022
97,881
1,981
99,862
At 31 January 2022
67,057
701
67,758
At 31 January 2021
51,749
825
52,574
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
3,974
32,470
Obligations under finance leases and hire purchase contracts
14,791
24,290
Trade creditors
6,248
17,962
Taxes and social security
728
8,425
Loans from directors
32,524
545
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
34,015
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2021: 1).