Registered number
03374698
LATCHGROVE LIMITED
Filleted Accounts
30 November 2023
LATCHGROVE LIMITED
Registered number: 03374698
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 1,196 536
Creditors: amounts falling due within one year 3 (1,013) (2,970)
Net current assets/(liabilities) 183 (2,434)
Net assets/(liabilities) 183 (2,434)
Capital and reserves
Called up share capital 2 2
Profit and loss account 181 (2,436)
Shareholder's funds 183 (2,434)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr B Hunt
Director
Approved by the board on 9 July 2024
LATCHGROVE LIMITED
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover represents rents receivable.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
The company did not operate a pension scheme during the year.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors and accruals 720 720
Corporation tax 43 -
Other creditors - director's loan account 250 2,250
1,013 2,970
4 Events after the reporting date
There were no events after the reporting date which would affect the user's understanding of these accounts.
5 Contingent liabilities
There were no contingent liabilities in existence at the year end.
6 Controlling party
The company is controlled by the director, Mr B Hunt, by way of his ownership of 100% of the issued ordinary share capital.
7 Other information
LATCHGROVE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
24 Oswald Road
Chorlton Cum Hardy
Manchester
M21 9LP
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