LAROMED LIMITED |
Notes to the Accounts |
for the year ended 31 July 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Investments |
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Other |
investments |
£ |
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Fair Value |
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At 1 August 2022 |
16,500 |
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At 31 July 2023 |
16,500 |
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4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
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Other debtors |
34,824 |
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65,600 |
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5 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Corporation tax |
7,951 |
|
8,830 |
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Other creditors |
35,649 |
|
68,896 |
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|
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|
43,600 |
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77,726 |
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6 |
Other information |
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LAROMED LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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Harrow Business Centre |
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429 - 433 Pinner Road |
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North Harrow |
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England |
|
HA1 4HN |