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REGISTERED NUMBER: 06215607 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

LAROCHELLE INVESTMENT LIMITED

LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,138,466 4,142,457

CURRENT ASSETS
Debtors 5 1,000 300
Cash at bank 21,693 41,359
22,693 41,659
CREDITORS
Amounts falling due within one year 6 64,855 48,589
NET CURRENT LIABILITIES (42,162 ) (6,930 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,096,304

4,135,527

CREDITORS
Amounts falling due after more than
one year

7

(2,326,378

)

(2,333,978

)

PROVISIONS FOR LIABILITIES (193,749 ) (193,749 )
NET ASSETS 1,576,177 1,607,800

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 1,469,923 1,469,923
Retained earnings 9 105,254 136,877
1,576,177 1,607,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 4 June 2024 and were signed on its behalf by:




M S Saloojee - Director



F Kahloon - Director


LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Larochelle Investment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06215607

Registered office: 50 Seymour Street
London
W1H 7JG

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2023
and 31 December 2023 4,122,500 76,131 4,198,631
DEPRECIATION
At 1 January 2023 - 56,174 56,174
Charge for year - 3,991 3,991
At 31 December 2023 - 60,165 60,165
NET BOOK VALUE
At 31 December 2023 4,122,500 15,966 4,138,466
At 31 December 2022 4,122,500 19,957 4,142,457

Cost or valuation at 31 December 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2017 1,658,043 - 1,658,043
Cost 2,464,457 76,131 2,540,588
4,122,500 76,131 4,198,631

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,000 300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 20,000 20,000
Tax - 8,943
Accrued expenses 44,855 19,646
64,855 48,589

LAROCHELLE INVESTMENT LIMITED (REGISTERED NUMBER: 06215607)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 20,000 20,000
Bank loans - 2-5 years 60,000 60,000
Bank loans more 5 yr by instal 1,690,000 1,700,000
Other loans 300,000 300,000
Directors' loan accounts 256,378 253,978
2,326,378 2,333,978

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,690,000 1,700,000

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 1,790,000 1,800,000

A first legal charge over the freehold property is held as security by the bank loan provider.

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2023 136,877 1,469,923 1,606,800
Deficit for the year (31,623 ) (31,623 )
At 31 December 2023 105,254 1,469,923 1,575,177