IRIS Accounts Production v24.1.0.578 10413277 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104132772022-10-31104132772023-10-31104132772022-11-012023-10-31104132772021-10-31104132772021-11-012022-10-31104132772022-10-3110413277ns15:EnglandWales2022-11-012023-10-3110413277ns14:PoundSterling2022-11-012023-10-3110413277ns10:Director12022-11-012023-10-3110413277ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110413277ns10:SmallEntities2022-11-012023-10-3110413277ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110413277ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110413277ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110413277ns10:FullAccounts2022-11-012023-10-3110413277ns10:OrdinaryShareClass12022-11-012023-10-3110413277ns10:Director22022-11-012023-10-3110413277ns10:RegisteredOffice2022-11-012023-10-3110413277ns5:CurrentFinancialInstruments2023-10-3110413277ns5:CurrentFinancialInstruments2022-10-3110413277ns5:Non-currentFinancialInstruments2023-10-3110413277ns5:Non-currentFinancialInstruments2022-10-3110413277ns5:ShareCapital2023-10-3110413277ns5:ShareCapital2022-10-3110413277ns5:RetainedEarningsAccumulatedLosses2023-10-3110413277ns5:RetainedEarningsAccumulatedLosses2022-10-3110413277ns5:PlantMachinery2022-11-012023-10-3110413277ns5:PlantMachinery2022-10-3110413277ns5:PlantMachinery2023-10-3110413277ns5:PlantMachinery2022-10-3110413277ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3110413277ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3110413277ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 10413277 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Laven Limited

Laven Limited (Registered number: 10413277)






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


Laven Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Dr P Munuswamy
Dr T Pushpakaran





REGISTERED OFFICE: 3 Coulter Mews
Billericay
Essex
CM11 1LN





REGISTERED NUMBER: 10413277 (England and Wales)





ACCOUNTANTS: SPC Nathans
Suite 201
AIRIVO
69-75 Boston Manor Road
Brentford
Middlesex
TW8 9JJ

Laven Limited (Registered number: 10413277)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,254 13,764

CURRENT ASSETS
Debtors 5 3,184 4,489
Cash at bank 235,592 271,431
238,776 275,920
CREDITORS
Amounts falling due within one year 6 42,976 94,852
NET CURRENT ASSETS 195,800 181,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,054

194,832

CREDITORS
Amounts falling due after more than one
year

7

-

32,237
NET ASSETS 197,054 162,595

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 197,052 162,593
SHAREHOLDERS' FUNDS 197,054 162,595

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 directors acknowledge their 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.

Laven Limited (Registered number: 10413277)

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 Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:





Dr P Munuswamy - Director


Laven Limited (Registered number: 10413277)

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

1. STATUTORY INFORMATION

Laven 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 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.
Plant and machinery etc - 20% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

Laven Limited (Registered number: 10413277)

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 62,554
DEPRECIATION
At 1 November 2022 48,790
Charge for year 12,510
At 31 October 2023 61,300
NET BOOK VALUE
At 31 October 2023 1,254
At 31 October 2022 13,764

5. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Other debtors 3,184 -

Amounts falling due after more than one year:
Amounts receivable in respect of hire
purchase contracts

-

4,489

Aggregate amounts 3,184 4,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 1 (1 )
Taxation and social security 39,763 30,098
Other creditors 3,212 64,755
42,976 94,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts - 32,237

Laven Limited (Registered number: 10413277)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 ordinary 1 2 2