Registered number:
UNAUDITED
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2023
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L.T.D.A. (ENTERPRISES) LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF L.T.D.A. (ENTERPRISES) LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Chartered Accountants
Pitt House
120 Baker Street
W1U 6TU
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L.T.D.A. (ENTERPRISES) LIMITED
REGISTERED NUMBER: 1634366
BALANCE SHEET
AS AT 30 SEPTEMBER 2023
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L.T.D.A. (ENTERPRISES) LIMITED
REGISTERED NUMBER: 1634366
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023
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 income and retained earnings 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
The notes on pages 4 to 8 form part of these financial statements.
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L.T.D.A. (ENTERPRISES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The company is limited by shares and is incorporated in England and Wales with 1634366 with a registered office at 133 Great Suffolk Street, London, SE1 1PP.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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Interest income is recognised in profit or loss on funds due on a cash recieved basis.
The directors of the company have prepared the financial statements on a going concern basis which assumes the company will be able to meet its future obligations as they fall due and the company will settle all payments within the agreed terms. The directors have therefore concluded that it is appropriate to prepare the financial statements on a going concern basis.
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L.T.D.A. (ENTERPRISES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
2.Accounting policies (continued)
At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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L.T.D.A. (ENTERPRISES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
2.Accounting policies (continued)
The estimation and underlying assumptions are based on historical experience and other factors that are considered to be relevant. These assumptions are reviewed on a ongoing basis. Criticial judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. Management decided to recognise the valuation of land and buildings, as described in note 9 to the financial statements. 133 Great Suffolk Street has been valued by CPRA group limited. Management have recognised depreciation on the building only. The surveyor used the overall net internal floor plans prepared by architects. From this the surveyor estimated the portion of the valuation is related to the building itself.
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L.T.D.A. (ENTERPRISES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
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L.T.D.A. (ENTERPRISES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The company is a wholly owned subsidiary of the Licensed Taxi Drivers' Association Limited, a co-operative registered under the Co-operative and Community Benefit Societies Act 2014.
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