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Company Registration No. 05388602 (England and Wales)
Lantern Training Limited Unaudited accounts for the year ended 28 February 2023
Lantern Training Limited Unaudited accounts Contents
Page
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Lantern Training Limited Company Information for the year ended 28 February 2023
Directors
P Band D Davidson L Langdon S Davidson
Company Number
05388602 (England and Wales)
Registered Office
5TH FLOOR 14-16 DOWGATE HILL LONDON EC4R 2SU ENGLAND
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Lantern Training Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,750 
13,125 
Current assets
Debtors
70,669 
44,419 
Cash at bank and in hand
28,948 
36,401 
99,617 
80,820 
Creditors: amounts falling due within one year
(8,882)
(8,642)
Net current assets
90,735 
72,178 
Net assets
99,485 
85,303 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
99,484 
85,302 
Shareholders' funds
99,485 
85,303 
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by
S Davidson Director Company Registration No. 05388602
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Lantern Training Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Lantern Training Limited is a private company, limited by shares, registered in England and Wales, registration number 05388602. The registered office is 5TH FLOOR, 14-16 DOWGATE HILL, LONDON, EC4R 2SU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. No depreciation was charged in the year of acquisition. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2022
17,500 
At 28 February 2023
17,500 
Depreciation
At 1 March 2022
4,375 
Charge for the year
4,375 
At 28 February 2023
8,750 
Net book value
At 28 February 2023
8,750 
At 28 February 2022
13,125 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,829 
11,579 
Accrued income and prepayments
2,620 
2,620 
Other debtors
30,220 
30,220 
70,669 
44,419 
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Lantern Training Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,777 
1,137 
Loans from directors
1,505 
905 
Accruals
3,600 
6,600 
8,882 
8,642 
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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