Company Registration No. 09396683 (England and Wales)
Latitude Croydon Ltd
Unaudited accounts
for the year ended 31 January 2024
Latitude Croydon Ltd
Unaudited accounts
Contents
Latitude Croydon Ltd
Company Information
for the year ended 31 January 2024
Director
Dr Naila Rauf ANSARI
Company Number
09396683 (England and Wales)
Registered Office
226 Brighton Road
South Croydon
Surrey
CR2 6AH
England
Latitude Croydon Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
22,035,967
21,927,463
Cash at bank and in hand
202,837
133,481
Creditors: amounts falling due within one year
(470,173)
(420,443)
Net current liabilities
(159,357)
(205,277)
Total assets less current liabilities
21,876,610
21,722,186
Creditors: amounts falling due after more than one year
(8,113,595)
(8,108,755)
Net assets
13,763,015
13,613,431
Called up share capital
100
100
Revaluation reserve
13,696,786
13,696,786
Profit and loss account
66,129
(83,455)
Shareholders' funds
13,763,015
13,613,431
For the year ending 31 January 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 her 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 31 October 2024 and were signed on its behalf by
Dr Naila Rauf ANSARI
Director
Company Registration No. 09396683
Latitude Croydon Ltd
Notes to the Accounts
for the year ended 31 January 2024
Latitude Croydon Ltd is a private company, limited by shares, registered in England and Wales, registration number 09396683. The registered office is 226 Brighton Road, South Croydon, Surrey, CR2 6AH, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
21,788,164
154,642
74,812
22,017,618
Additions
-
-
170,454
170,454
At 31 January 2024
21,788,164
154,642
245,266
22,188,072
At 1 February 2023
-
31,940
58,215
90,155
Charge for the year
-
24,540
37,410
61,950
At 31 January 2024
-
56,480
95,625
152,105
At 31 January 2024
21,788,164
98,162
149,641
22,035,967
At 31 January 2023
21,788,164
122,702
16,597
21,927,463
Latitude Croydon Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Other debtors
11,570
81,685
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
467,773
413,692
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
8,113,595
8,108,755
Director's loan was repaid within the period of 9 months from the accounting year end.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).