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REGISTERED NUMBER: 05998262 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

LATHBURY ENTERPRISES LIMITED

LATHBURY ENTERPRISES LIMITED (REGISTERED NUMBER: 05998262)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LATHBURY ENTERPRISES LIMITED

Company Information
for the year ended 30 November 2023







Director: J C Loosemore





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 05998262 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

LATHBURY ENTERPRISES LIMITED (REGISTERED NUMBER: 05998262)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £ £
Called up share capital not paid 100 100


Current assets
Debtors 4 249,306 31,543
Cash at bank 326,847 536
576,153 32,079
Creditors
Amounts falling due within one year 5 398,593 42,207
Net current assets/(liabilities) 177,560 (10,128 )
Total assets less current liabilities 177,660 (10,028 )

Capital and reserves
Called up share capital 100 100
Retained earnings 177,560 (10,128 )
Shareholders' funds 177,660 (10,028 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 30 August 2024 and were signed by:





J C Loosemore - Director


LATHBURY ENTERPRISES LIMITED (REGISTERED NUMBER: 05998262)

Notes to the Financial Statements
for the year ended 30 November 2023


1. Statutory information

Lathbury Enterprises 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 represents revenue earned from the sale of developed properties. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for the sale of property. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses and disbursements but excluding value added tax.

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.

Going concern
The director has made an assessment of the company's ability to continue as a going concern and has identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3. Employees and directors

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

4. Debtors: amounts falling due within one year
30/11/23 30/11/22
£ £
Other debtors 249,306 31,543

LATHBURY ENTERPRISES LIMITED (REGISTERED NUMBER: 05998262)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


4. Debtors: amounts falling due within one year - continued

Included in other debtors is an amount of £nil (2022: £30,635) due from Apsley Assets Limited, a company in which J C Loosemore is also a director.

There are also sums totalling £52,228 due from the director, J C Loosemore's close family.

5. Creditors: amounts falling due within one year
30/11/23 30/11/22
£ £
Taxation and social security 53,070 -
Other creditors 345,523 42,207
398,593 42,207

Included within other creditors is £236,098 (2022 - £40,706) due to Wildwood Investments Limited, £107,925 (2022 - nil) due to Apsley Assets Ltd. These are companies in which J W Loosemore is a director and shareholder.

6. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30/11/23 30/11/22
£ £
J C Loosemore
Balance outstanding at start of year 280 280
Amounts repaid (280 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 280