Company Registration No. 06315207 (England and Wales)
Landara Limited
Unaudited accounts
for the year ended 30 June 2024
Landara Limited
Unaudited accounts
Contents
Landara Limited
Company Information
for the year ended 30 June 2024
Directors
J D Pelczer
S J Pelczer
Company Number
06315207 (England and Wales)
Registered Office
Congress House
Lyon Road
Harrow
HA1 2EN
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Landara Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
68,889
117,593
Creditors: amounts falling due within one year
(7,406)
(16,521)
Net current assets
68,208
107,816
Called up share capital
2
2
Profit and loss account
79,853
118,093
Shareholders' funds
79,855
118,095
For the year ending 30 June 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 7 February 2025 and were signed on its behalf by
J D Pelczer
Director
Company Registration No. 06315207
Landara Limited
Notes to the Accounts
for the year ended 30 June 2024
Landara Limited is a private company, limited by shares, registered in England and Wales, registration number 06315207. The registered office is Congress House, Lyon Road, Harrow, HA1 2EN.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
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
25% Straight Line
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Landara Limited
Notes to the Accounts
for the year ended 30 June 2024
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Investments in shares are included at fair value.
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 July 2023
10,145
Valuation at 30 June 2024
10,145
Amounts falling due within one year
Landara Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,752
7,062
Loans from directors
-
133
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
During the year dividends of £50,000 (2023: £70,000) were paid to J Pelczer and S Pelczer, both directors and shareholders of the company.
The company was jointly controlled by Mr & Mrs Pelczer, by virtue of their shareholding.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).