IRIS Accounts Production v24.3.0.553 02263258 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022632582023-08-31022632582024-08-31022632582023-09-012024-08-31022632582022-08-31022632582022-09-012023-08-31022632582023-08-3102263258ns15:EnglandWales2023-09-012024-08-3102263258ns14:PoundSterling2023-09-012024-08-3102263258ns10:Director12023-09-012024-08-3102263258ns10:Director22023-09-012024-08-3102263258ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3102263258ns10:SmallEntities2023-09-012024-08-3102263258ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3102263258ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3102263258ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3102263258ns10:FullAccounts2023-09-012024-08-310226325812023-09-012024-08-3102263258ns10:CompanySecretary12023-09-012024-08-3102263258ns10:RegisteredOffice2023-09-012024-08-3102263258ns5:CurrentFinancialInstruments2024-08-3102263258ns5:CurrentFinancialInstruments2023-08-3102263258ns5:Non-currentFinancialInstruments2024-08-3102263258ns5:Non-currentFinancialInstruments2023-08-3102263258ns5:ShareCapital2024-08-3102263258ns5:ShareCapital2023-08-3102263258ns5:RetainedEarningsAccumulatedLosses2024-08-3102263258ns5:RetainedEarningsAccumulatedLosses2023-08-3102263258ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3102263258ns5:FurnitureFittings2023-09-012024-08-3102263258ns5:NetGoodwill2023-08-3102263258ns5:NetGoodwill2024-08-3102263258ns5:NetGoodwill2023-08-3102263258ns5:LandBuildingsns5:ShortLeaseholdAssets2023-08-3102263258ns5:FurnitureFittings2023-08-3102263258ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-012024-08-3102263258ns5:LandBuildingsns5:ShortLeaseholdAssets2024-08-3102263258ns5:FurnitureFittings2024-08-3102263258ns5:LandBuildingsns5:ShortLeaseholdAssets2023-08-3102263258ns5:FurnitureFittings2023-08-3102263258ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3102263258ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3102263258ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-08-3102263258ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-08-3102263258ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3102263258ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-31
REGISTERED NUMBER: 02263258 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LARGON LTD

LARGON LTD (REGISTERED NUMBER: 02263258)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LARGON LTD

COMPANY INFORMATION
For The Year Ended 31 August 2024







DIRECTORS: S L Ford
P G Wood





SECRETARY: P G Wood





REGISTERED OFFICE: 19 Montpelier Avenue
Bexley
Kent
DA5 3AP





REGISTERED NUMBER: 02263258 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

LARGON LTD (REGISTERED NUMBER: 02263258)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,932 15,342
11,932 15,342

CURRENT ASSETS
Debtors 6 89,677 89,677
Cash at bank and in hand 10,747 51,116
100,424 140,793
CREDITORS
Amounts falling due within one year 7 (69,693 ) (67,537 )
NET CURRENT ASSETS 30,731 73,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,663

88,598

CREDITORS
Amounts falling due after more than one
year

8

(6,280

)

(16,929

)
NET ASSETS 36,383 71,669

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 36,375 71,661
SHAREHOLDERS' FUNDS 36,383 71,669

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

LARGON LTD (REGISTERED NUMBER: 02263258)

BALANCE SHEET - continued
31 August 2024


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 19 November 2024 and were signed on its behalf by:




S L Ford - Director



P G Wood - Director


LARGON LTD (REGISTERED NUMBER: 02263258)

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

1. STATUTORY INFORMATION

Largon Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 11 ) .

LARGON LTD (REGISTERED NUMBER: 02263258)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 40,000
AMORTISATION
At 1 September 2023
and 31 August 2024 40,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 37,188 86,343 123,531
DEPRECIATION
At 1 September 2023 35,690 72,499 108,189
Charge for year 375 3,035 3,410
At 31 August 2024 36,065 75,534 111,599
NET BOOK VALUE
At 31 August 2024 1,123 10,809 11,932
At 31 August 2023 1,498 13,844 15,342

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 81,031 81,031
Other debtors 7,500 7,500
Prepayments 1,146 1,146
89,677 89,677

LARGON LTD (REGISTERED NUMBER: 02263258)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1 2
Tax 35,555 19,017
Social security and other taxes (2,846 ) 3,737
VAT 17,464 15,176
Pension 627 715
Directors' current accounts 1,735 10,803
Accrued expenses 7,157 8,087
69,693 67,537

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,280 10,000
Bank loans - 2-5 years - 6,929
6,280 16,929