LARR LTD

Company Registration Number:
SC690173 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

LARR LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Profit and Loss notes - 11

LARR LTD

Company Information

for the Period Ended 28 February 2023




Director: Ioan Petru Lar
Reka Eniko Lar
Registered office: 3 Inveramsay Farm Cottages
Pitcaple
Inverurie
GB-SCT
AB51 5DQ
Company Registration Number: SC690173 (Scotland)

LARR LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Selling fast food and drinks, such as burgers and fries and chilled cans of juice.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Ioan Petru Lar
Reka Eniko Lar

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Ioan Petru Lar
Status: Director

LARR LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) ( 1,409 ) ( 3,012 )
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 2,908 ) ( 4,890 )
Operating Profit or (Loss) ( 4,317 ) ( 7,902 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 4 ( 4,317 ) ( 7,902 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 4,317 ) ( 7,902 )

The notes form part of these financial statements

LARR LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 100 401
Debtors: 0 0
Cash at bank and in hand: 729 1,250
Total current assets: 829 1,651
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 829 1,651
Total assets less current liabilities: 829 1,651
Creditors: amounts falling due after more than one year: ( 1,613 ) ( 5,702 )
Provision for liabilities: ( 743 ) ( 1,043 )
Accruals and deferred income: ( 2,788 ) ( 2,806 )
Total net assets (liabilities): ( 4,315 ) ( 7,900 )

The notes form part of these financial statements

LARR LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 4,317 ) ( 7,902 )
Shareholders funds: ( 4,315 ) ( 7,900 )

For the year ending 28 February 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Ioan Petru Lar
Status: Director

The notes form part of these financial statements

LARR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LARR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

LARR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

LARR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4.Profit or (Loss) before tax

Over the past, year our company was operating at a loss due to not buying our goods from suppliers but instead from supermarkets as well as private companies such as Flo-Gas, additionally we had not adjusted the prices of our goods for inflation. We have learned from this experience and may not do it again, however it was a valuable experience for us as a family business. Therefore we decided to turn our company dormant and not shut the company down.