REGISTERED NUMBER: |
Ladera Investments Limited |
Unaudited Financial Statements |
for the period |
13 December 2022 to 31 December 2023 |
REGISTERED NUMBER: |
Ladera Investments Limited |
Unaudited Financial Statements |
for the period |
13 December 2022 to 31 December 2023 |
Ladera Investments Limited (Registered number: 14537654) |
Contents of the Financial Statements |
for the period 13 December 2022 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Ladera Investments Limited |
Company Information |
for the period 13 December 2022 to 31 December 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Ladera Investments Limited (Registered number: 14537654) |
Balance Sheet |
31 December 2023 |
Notes | £ |
Current assets |
Debtors | 4 |
Cash at bank |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
5 |
Net assets |
Capital and reserves |
Called up share capital | 6 |
Retained earnings |
Shareholders' funds |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Ladera Investments Limited (Registered number: 14537654) |
Notes to the Financial Statements |
for the period 13 December 2022 to 31 December 2023 |
1. | Statutory information |
Ladera Investments Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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. |
The financial statements are prepared in sterling, which is the functional currency of the company. monetary a mounts in these financial statements are rounded to the nearest pound. |
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. |
Financial instruments |
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. |
Basic financial assets |
Basic financial assets, which include trade and other debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. |
Classification of financial liabilities |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
Basic financial liabilities |
Basic financial liabilities, including creditors, are recognised at transaction. Financial liabilities classified as payable within one year are not amortised. |
Equity instruments |
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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. |
Ladera Investments Limited (Registered number: 14537654) |
Notes to the Financial Statements - continued |
for the period 13 December 2022 to 31 December 2023 |
3. | Employees and directors |
The average number of employees during the period was |
4. | Debtors: amounts falling due within one year |
£ |
Other debtors |
5. | Creditors: amounts falling due after more than one year |
£ |
Other creditors |
Included in other creditors is £1 redeemable preference shares. |
i. These are redeemable at the option of the company. |
ii. These shares can be redeemed in part or in full at any time. |
iii. These shares do bear the rights to dividends and in addition, they carry rights to value on winding up. Meaning the company owes the first £2 million on winding up to the preference share holders. |
iv. These shares hold no voting rights and do not give power to control the company. |
6. | Called up share capital |
Allotted, issued and unpaid: |
Number | Class | Nominal |
Value: | £ |
12 | Ordinary A | 1 | 12 |
40 | Ordinary B | 1 | 40 |
40 | Ordinary C | 1 | 40 |
5 | Ordinary D | 1 | 5 |
5 | Ordinary E | 1 | 5 |
5 | Ordinary F | 1 | 5 |
5 | Ordinary G | 1 | 5 |
112 |