Company Registration No. 10563431 (England and Wales)
The Lantic Company Limited
Unaudited accounts
for the year ended 31 July 2024
The Lantic Company Limited
Unaudited accounts
Contents
The Lantic Company Limited
Company Information
for the year ended 31 July 2024
Directors
P Roberts
R Roberts
Company Number
10563431 (England and Wales)
Registered Office
33 Lantic Road
Fowey
Cornwall
PL23 1FD
England
The Lantic Company Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
62,537
68,691
Creditors: amounts falling due within one year
(6,721)
(16,964)
Net current assets
56,201
52,222
Called up share capital
2
2
Profit and loss account
56,844
53,345
Shareholders' funds
56,846
53,347
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by
P Roberts
Director
Company Registration No. 10563431
The Lantic Company Limited
Notes to the Accounts
for the year ended 31 July 2024
The Lantic Company Limited is a private company, limited by shares, registered in England and Wales, registration number 10563431. The registered office is 33 Lantic Road, Fowey, Cornwall, PL23 1FD, 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:
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
325
271
The Lantic Company Limited
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,402
6,813
Loans from directors
4,759
624
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).