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REGISTERED NUMBER: 12265969 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Lar Fibre Telecoms Ltd

Lar Fibre Telecoms Ltd (Registered number: 12265969)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lar Fibre Telecoms Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: L A Rossiter





SECRETARY:





REGISTERED OFFICE: 12 Cross Green
Formby
Liverpool
L37 4BL





REGISTERED NUMBER: 12265969 (England and Wales)





ACCOUNTANTS: Craig Callum Associates Ltd
Landmark House
43-45 Merton Road
Bootle
Liverpool
Merseyside
L20 7AP

Lar Fibre Telecoms Ltd (Registered number: 12265969)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 669 891

CURRENT ASSETS
Debtors 5 11,486 24,792
Cash at bank 27,198 2,895
38,684 27,687
CREDITORS
Amounts falling due within one year 6 26,728 13,927
NET CURRENT ASSETS 11,956 13,760
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,625

14,651

CREDITORS
Amounts falling due after more than one
year

7

(12,283

)

(14,333

)

PROVISIONS FOR LIABILITIES 8 (127 ) (169 )
NET ASSETS 215 149

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 214 148
SHAREHOLDERS' FUNDS 215 149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Lar Fibre Telecoms Ltd (Registered number: 12265969)

Balance Sheet - continued
31 October 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 12 March 2024 and were signed by:





L A Rossiter - Director


Lar Fibre Telecoms Ltd (Registered number: 12265969)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Lar Fibre Telecoms Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 ) .

Lar Fibre Telecoms Ltd (Registered number: 12265969)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 1,778
DEPRECIATION
At 1 November 2022 887
Charge for year 222
At 31 October 2023 1,109
NET BOOK VALUE
At 31 October 2023 669
At 31 October 2022 891

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 11,486 24,792

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 4,000 4,000
Taxation and social security 21,728 8,727
Other creditors 1,000 1,200
26,728 13,927

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 12,283 14,333

8. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 127 169

Deferred
tax
£   
Balance at 1 November 2022 169
Provided during year (42 )
Balance at 31 October 2023 127

Lar Fibre Telecoms Ltd (Registered number: 12265969)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
L A Rossiter
Balance outstanding at start of year 18,640 20,587
Amounts repaid (13,306 ) (1,947 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,334 18,640

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £30,200 (2022 - £22,000) were paid to the director .