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REGISTERED NUMBER: 07778728 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

LANGAR INVESTMENTS LIMITED

LANGAR INVESTMENTS LIMITED (REGISTERED NUMBER: 07778728)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Certified Accountants' Report 6

LANGAR INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: S R Brandon





SECRETARY:





REGISTERED OFFICE: Suite 2 Mayden House
Long Bennington Business Park
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ





REGISTERED NUMBER: 07778728 (England and Wales)





ACCOUNTANTS: Buchanan & Associates Limited
Mayden House
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ

LANGAR INVESTMENTS LIMITED (REGISTERED NUMBER: 07778728)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 51 20,131

CURRENT ASSETS
Stocks 45,285 -
Debtors 5 81,651 81,130
Cash at bank 592 1,674
127,528 82,804
CREDITORS
Amounts falling due within one year 6 171,684 75,461
NET CURRENT (LIABILITIES)/ASSETS (44,156 ) 7,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

(44,105

)

27,474

CREDITORS
Amounts falling due after more than one
year

7

34,121

39,405
NET LIABILITIES (78,226 ) (11,931 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (78,326 ) (12,031 )
SHAREHOLDERS' FUNDS (78,226 ) (11,931 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LANGAR INVESTMENTS LIMITED (REGISTERED NUMBER: 07778728)

BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





S R Brandon - Director


LANGAR INVESTMENTS LIMITED (REGISTERED NUMBER: 07778728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Langar Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced rental income, excluding value added tax. Rental income is recognised in the period in which the properties are let.

Revenue is recognised on the sale of land and property when the risks and rewards of the underlying sale have been substantially transferred to the customer, which is upon exchange of the contract.

Stocks
Stocks are valued at the lower of cost and net realisable value.

Work in progress is stated at cost less progress payments received and receivable and foreseeable losses. In this respect cost comprises materials, direct labour and all relevant overhead expenses allocated on an estimated normal level of activity. Profit on contracting activities is taken as work progresses. The profit included is calculated on a reasonable basis to reflect the value of work carried out by the year end and is stated at the lower of the margin earned to date and that forecast at completion, taking account of agreed claims.

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 or deferred taxation assets and liabilities are not discounted.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

LANGAR INVESTMENTS LIMITED (REGISTERED NUMBER: 07778728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2022 20,131
Additions 121,792
Disposals (141,872 )
At 31 August 2023 51
NET BOOK VALUE
At 31 August 2023 51
At 31 August 2022 20,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed by related parties 80,300 66,130
Other debtors 1,351 15,000
81,651 81,130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 5,285 5,154
Trade creditors (1 ) 1,169
Amounts owed to related parties 10,400 10,400
Taxation and social security - 6,238
Other creditors 156,000 52,500
171,684 75,461

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 34,121 39,405

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,610 17,450

8. ULTIMATE CONTROLLING PARTY

The controlling party is Brandon Investment Capital Limited.

The ultimate controlling party is S R Brandon.

CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LANGAR INVESTMENTS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Langar Investments Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Langar Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Langar Investments Limited and state those matters that we have agreed to state to the director of Langar Investments Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Langar Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Langar Investments Limited. You consider that Langar Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Langar Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Buchanan & Associates Limited
Mayden House
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ


6 March 2024