04329578falseholding property used as a nursing home by an associated company2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-09-30http://www.companieshouse.gov.uk/cd:Director12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director22022-10-012023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-10-012023-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-10-012023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-09-30http://www.companieshouse.gov.uk/2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:FRS1022022-10-012023-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-10-012023-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04329578

Laton Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023

Prepared By:
Taylor & Taylor Accountants Limited
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Laton Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
DIRECTORS
Dr P L Kaul
Dr S Kaul
SECRETARY
Dr P L Kaul
REGISTERED OFFICE
11a Newick Avenue
Sutton Coldfield
West Midlands
B74 3DA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04329578
ACCOUNTANTS
Taylor & Taylor Accountants Limited
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Laton Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Laton Ltd

BALANCE SHEET AT 30/09/2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,470,4051,360,768
CURRENT ASSETS
Debtors530,3578,699
30,3578,699
CREDITORS: Amounts falling due within one year64,7253,693
NET CURRENT ASSETS25,6325,006
TOTAL ASSETS LESS CURRENT LIABILITIES1,496,0371,365,774
PROVISIONS FOR LIABILITIES AND CHARGES7181,603135,555
NET ASSETS1,314,4341,230,219
CAPITAL AND RESERVES
Called up share capital88080
Profit and loss account1,314,3541,230,139
SHAREHOLDERS' FUNDS1,314,4341,230,219
For the year ending 30/09/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/02/2024 and signed on their behalf by
.............................
Dr P L Kaul
Director

Laton Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 20%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

Laton Ltd

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/10/202256,92956,929
At 30/09/202356,92956,929
Depreciation
At 01/10/202246,56546,565
For the year2,0732,073
At 30/09/202348,63848,638
Net Book Amounts
At 30/09/20238,2918,291
At 30/09/202210,36410,364
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/10/20221,350,4041,350,404
Revaluation111,710111,710
At 30/09/20231,462,1141,462,114
5. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors - Acepay30,357-
30,357-
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax4,3753,342
Directors current account350351
4,7253,693

Laton Ltd

7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation181,603135,555
181,603135,555
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
80 Ordinary shares of £1 each8080
8080