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REGISTERED NUMBER: 06470029 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 MARCH 2024

FOR

L T M INVESTMENTS LIMITED

L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


L T M INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 MARCH 2024







DIRECTOR: Mr Luciano Capaldo





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 06470029 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

ABRIDGED BALANCE SHEET
28 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 143,250 84
Investment property 6 850,000 850,000
993,250 850,084

CURRENT ASSETS
Debtors 46,450 48,950
Cash at bank 12,646 53,606
59,096 102,556
CREDITORS
Amounts falling due within one year 358,054 290,908
NET CURRENT LIABILITIES (298,958 ) (188,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

694,292

661,732

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Fair value reserve 8 173,326 173,326
Retained earnings 519,966 487,406
SHAREHOLDERS' FUNDS 694,292 661,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

ABRIDGED BALANCE SHEET - continued
28 MARCH 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 27 December 2024 and were signed by:





Mr Luciano Capaldo - Director


L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 MARCH 2024


1. STATUTORY INFORMATION

L T M Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There were no judgements and estimates that had significant effect on the amounts recognised in the financial statements.

Turnover
Turnover represents the rents receivable by the company during the year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 MARCH 2024


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 29 March 2023
and 28 March 2024 84
NET BOOK VALUE
At 28 March 2024 84
At 28 March 2023 84

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Pictures and Prints 143,166 -

The company holds pictures and prints as a fixed asset investment with the intention of long-term capital appreciation. The artwork is measured at fair value at the reporting date, with changes in fair value recognised in profit or loss.

L T M INVESTMENTS LIMITED (REGISTERED NUMBER: 06470029)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 MARCH 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 March 2023
and 28 March 2024 850,000
NET BOOK VALUE
At 28 March 2024 850,000
At 28 March 2023 850,000

Fair value at 28 March 2024 is represented by:
£   
Valuation in 2017 323,326
Valuation in 2019 (150,000 )
Cost 676,674
850,000

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Share capital 1 £1 1,000 1,000

8. RESERVES
Fair
value
reserve
£   
At 29 March 2023
and 28 March 2024 173,326

9. ULTIMATE CONTROLLING PARTY

There is no controlling party.