Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-011The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1truefalseThe UK distributor of a branded floor care, kitchenware and small domestic appliances brand.true 11990562 2023-01-01 2023-12-31 11990562 2022-01-01 2022-12-31 11990562 2023-12-31 11990562 2022-12-31 11990562 c:Director1 2023-01-01 2023-12-31 11990562 d:CurrentFinancialInstruments 2023-12-31 11990562 d:CurrentFinancialInstruments 2022-12-31 11990562 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11990562 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11990562 d:ShareCapital 2023-12-31 11990562 d:ShareCapital 2022-12-31 11990562 d:RetainedEarningsAccumulatedLosses 2023-12-31 11990562 d:RetainedEarningsAccumulatedLosses 2022-12-31 11990562 c:FRS102 2023-01-01 2023-12-31 11990562 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11990562 c:FullAccounts 2023-01-01 2023-12-31 11990562 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11990562 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11990562









LATHAM AND HALL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LATHAM AND HALL LIMITED
REGISTERED NUMBER: 11990562

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
96,080
80,080

Cash at bank and in hand
 5 
138
295

  
96,218
80,375

Creditors: amounts falling due within one year
 6 
(70,260)
(66,391)

Net current assets
  
 
 
25,958
 
 
13,984

Total assets less current liabilities
  
25,958
13,984

  

Net assets
  
25,958
13,984


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
25,858
13,884

  
25,958
13,984


Page 1

 
LATHAM AND HALL LIMITED
REGISTERED NUMBER: 11990562
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 September 2024.




S Fine
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
LATHAM AND HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Latham and Hall Limited is a private company limited by shares and incorporated in England & Wales (registered number: 11990562).
The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH and the principal place of business is 6 Holloway Drive, Wardley Industrial Estate, Worsley, Manchester, M28 2LA.
The principal activity of the company is that of the UK distributor of a branded floor care, kitchenware and small domestic appliances brand.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
LATHAM AND HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
LATHAM AND HALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£

Amounts owed by group undertakings
40
40

Other debtors
40
40

Prepayments and accrued income
96,000
80,000

96,080
80,080



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
138
295

138
295



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
64,101
61,025

Corporation tax
2,809
2,866

Accruals and deferred income
3,350
2,500

70,260
66,391


 
Page 5