Company registration number 12172223 (England and Wales)
CHRISTOPHER LANGLEY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
CHRISTOPHER LANGLEY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CHRISTOPHER LANGLEY LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,585
1,652
Current assets
Debtors
4
113
Cash at bank and in hand
39,108
34,489
39,108
34,602
Creditors: amounts falling due within one year
5
(2,809)
(4,439)
Net current assets
36,299
30,163
Net assets
41,884
31,815
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
6
41,784
31,715
Total equity
41,884
31,815
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 March 2024
Professor C A Langley
Director
Company registration number 12172223 (England and Wales)
CHRISTOPHER LANGLEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 2 -
1
Accounting policies
Company information
Christopher Langley Limited is a private company limited by shares incorporated in England and Wales. The registered office is 4 Birch Close, Sutton Coldfield, West Midlands, United Kingdom, B76 2PF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of consideration received or receivable for services provided.
1.3
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and fittings
25% on cost
Computers
33% on cost
1.4
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current and deferred taxation assets and liabilities are not discounted.
Current tax
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
CHRISTOPHER LANGLEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 September 2022
250
4,981
5,231
Additions
6,541
6,541
At 31 August 2023
250
11,522
11,772
Depreciation and impairment
At 1 September 2022
126
3,453
3,579
Depreciation charged in the year
63
2,545
2,608
At 31 August 2023
189
5,998
6,187
Carrying amount
At 31 August 2023
61
5,524
5,585
At 31 August 2022
124
1,528
1,652
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
113
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
2,119
3,300
Other creditors
690
1,139
2,809
4,439
6
Profit and loss reserves
2023
2022
£
£
At the beginning of the year
31,715
20,703
Profit for the year
14,069
15,012
Dividends declared and paid in the year
(4,000)
(4,000)
At the end of the year
41,784
31,715