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Company Registration No. 11751191 (England and Wales)
John Louth Ltd Unaudited accounts for the year ended 31 March 2024
John Louth Ltd Unaudited accounts Contents
Page
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John Louth Ltd Company Information for the year ended 31 March 2024
Director
Professor John Patrick William Louth
Company Number
11751191 (England and Wales)
Registered Office
Vicarage Court 160 Ermin Street Swindon SN3 4NE UNITED KINGDOM
Accountants
Regulatory Accounting Ltd Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE
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John Louth Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,600 
- 
Current assets
Debtors
3,600 
- 
Cash at bank and in hand
10,424 
10,501 
14,024 
10,501 
Creditors: amounts falling due within one year
(10,421)
(10,318)
Net current assets
3,603 
183 
Net assets
5,203 
183 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,201 
181 
Shareholders' funds
5,203 
183 
For the year ending 31 March 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 15 October 2024 and were signed on its behalf by
Professor John Patrick William Louth Director Company Registration No. 11751191
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John Louth Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
John Louth Ltd is a private company, limited by shares, registered in England and Wales, registration number 11751191. The registered office is Vicarage Court, 160 Ermin Street, Swindon, SN3 4NE, UNITED KINGDOM.
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.
3
Accounting policies
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
- 
Additions
2,000 
At 31 March 2024
2,000 
Depreciation
Charge for the year
400 
At 31 March 2024
400 
Net book value
At 31 March 2024
1,600 
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John Louth Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
3,600 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,980 
2,537 
Loans from directors
6,781 
6,902 
Accruals
660 
879 
10,421 
10,318 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Professor John Patrick William Louth
Net transactions
(6,902)
- 
- 
(6,902)
(6,902)
- 
- 
(6,902)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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