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REGISTERED NUMBER: 07142042 (England and Wales)















LARCHGLEN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






LARCHGLEN LIMITED (REGISTERED NUMBER: 07142042)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LARCHGLEN LIMITED

COMPANY INFORMATION
For The Year Ended 31 JULY 2024







DIRECTORS: P Rhodes
Mrs P M Rhodes





REGISTERED OFFICE: Unit 3, Hepworth Park
Brook Street
Lakeside
Redditch
Worcestershire
B98 8NZ





REGISTERED NUMBER: 07142042 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

LARCHGLEN LIMITED (REGISTERED NUMBER: 07142042)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 323,800 323,800

CURRENT ASSETS
Cash at bank 972 1,120

CREDITORS
Amounts falling due within one year 5 302,948 301,948
NET CURRENT LIABILITIES (301,976 ) (300,828 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,824

22,972

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 21,822 22,970
SHAREHOLDERS' FUNDS 21,824 22,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





P Rhodes - Director


LARCHGLEN LIMITED (REGISTERED NUMBER: 07142042)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 JULY 2024


1. STATUTORY INFORMATION

Larchglen Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 323,800
NET BOOK VALUE
At 31 July 2024 323,800
At 31 July 2023 323,800

LARCHGLEN LIMITED (REGISTERED NUMBER: 07142042)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JULY 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Amounts owed to group undertakings 301,985 301,937
Other creditors 963 11
302,948 301,948

6. RELATED PARTY DISCLOSURES

At 31st July 2024 £301,986 (2023- £301,938) was owed to TTMA Ltd, a subsidiary company.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr. P Rhodes and Mrs.P Rhodes acting in concert.