Registered number: 04329578 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
West Midlands | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
30,357 | 8,699 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 5,006 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 1,314,354 | 1,230,139 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Fixtures and Fittings | reducing 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 | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
Laton Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Fixtures | ||||
and Fittings | Total | |||
£ | £ | |||
Cost | ||||
At 01/10/2022 | 56,929 | 56,929 | ||
At 30/09/2023 | 56,929 | 56,929 | ||
Depreciation | ||||
At 01/10/2022 | 46,565 | 46,565 | ||
For the year | 2,073 | 2,073 | ||
At 30/09/2023 | 48,638 | 48,638 | ||
Net Book Amounts | ||||
At 30/09/2023 | 8,291 | |||
At 30/09/2022 | 10,364 | |||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/10/2022 | 1,350,404 | 1,350,404 | ||
Revaluation | 111,710 | 111,710 | ||
At 30/09/2023 | 1,462,114 | 1,462,114 | ||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors - Acepay | 30,357 | - | ||||||
30,357 | - | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 4,375 | 3,342 | ||||||
Directors current account | 350 | 351 | ||||||
4,725 | 3,693 | |||||||
Laton Ltd | ||||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 181,603 | 135,555 | ||||||
181,603 | 135,555 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
80 | 80 | |||||||
80 | 80 | |||||||