Latent Drive Ltd 12431870 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is research and experimental development on natural sciences and engineering Digita Accounts Production Advanced 6.30.9574.0 true 12431870 2023-04-01 2024-03-31 12431870 2024-03-31 12431870 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12431870 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 12431870 bus:Micro-entities 2023-04-01 2024-03-31 12431870 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12431870 bus:FilletedAccounts 2023-04-01 2024-03-31 12431870 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12431870 bus:RegisteredOffice 2023-04-01 2024-03-31 12431870 bus:Director1 2023-04-01 2024-03-31 12431870 bus:Director2 2023-04-01 2024-03-31 12431870 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12431870 countries:EnglandWales 2023-04-01 2024-03-31 12431870 2022-04-01 2023-03-31 12431870 2023-03-31 12431870 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 12431870 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 12431870

Latent Drive Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Latent Drive Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Latent Drive Ltd

Company Information

Directors

Mr Frazer Ely

Mr Joseph Ely

Registered office

Chesil House Dorset Innovation Park
Wool
Dorchester
Dorset
DT2 8ZB

Accountants

Clear Vision Financial Management Limited
Chartered Management Accountants
3 Victoria Place
Love Lane
Romsey
Hampshire
SO51 8DE

 

Latent Drive Ltd

(Registration number: 12431870)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Fixed assets

11,259

14,664

Current assets

108,042

25,738

Prepayments and accrued income

2,203

84,485

Creditors: Amounts falling due within one year

(58,648)

(69,887)

Net current assets

51,597

40,336

Total assets less current liabilities

62,856

55,000

Creditors: Amounts falling due after more than one year

(37,435)

(43,762)

Accruals and deferred income

-

(6,920)

 

25,421

4,318

Capital and reserves

25,421

4,318

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Chesil House Dorset Innovation Park
Wool
Dorchester
Dorset
DT2 8ZB

These financial statements were authorised for issue by the Board on 17 May 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

 

Latent Drive Ltd

(Registration number: 12431870)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 May 2024 and signed on its behalf by:
 

.........................................
Mr Frazer Ely
Director