Company Registration No. 07466737 (England and Wales)
J A Langton Limited
Unaudited accounts
for the year ended 31 January 2024
J A Langton Limited
Unaudited accounts
Contents
J A Langton Limited
Company Information
for the year ended 31 January 2024
Company Number
07466737 (England and Wales)
Registered Office
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
J A Langton Limited
Statement of financial position
as at 31 January 2024
Tangible assets
62,871
52,839
Creditors: amounts falling due within one year
(44,594)
(26,991)
Net current (liabilities)/assets
(15,244)
4,893
Total assets less current liabilities
47,627
57,732
Creditors: amounts falling due after more than one year
(35,700)
(37,417)
Called up share capital
1
1
Profit and loss account
11,926
20,314
Shareholders' funds
11,927
20,315
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Mr J A Langton
Director
Company Registration No. 07466737
J A Langton Limited
Notes to the Accounts
for the year ended 31 January 2024
J A Langton Limited is a private company, limited by shares, registered in England and Wales, registration number 07466737. The registered office is 1 Stable Court Business Centre, Water Lane Farm Tarbock Green, Liverpool, Merseyside, L35 1RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Computer equipment
15% on reducing balance
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
J A Langton Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
167,538
2,682
170,220
Disposals
(36,725)
-
(36,725)
At 31 January 2024
182,130
2,682
184,812
At 1 February 2023
115,295
2,086
117,381
Charge for the year
20,788
89
20,877
On disposals
(16,317)
-
(16,317)
At 31 January 2024
119,766
2,175
121,941
At 31 January 2024
62,364
507
62,871
At 31 January 2023
52,243
596
52,839
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,605
7,841
Obligations under finance leases and hire purchase contracts
24,001
13,726
Taxes and social security
5,327
2,546
Loans from directors
19
417
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,156
15,317
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
J A Langton Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).