Company registration number 14302288 (England and Wales)
LATEP (SPV1) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
LATEP (SPV1) LIMITED
BALANCE SHEET
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31 May 2024
31 August 2023
£
£
£
£
Fixed assets
50
50
Current assets
2,407,157
2,407,157
Creditors: amounts falling due within one year
(2,408,287)
(2,407,267)
Net current liabilities
(1,130)
(110)
Total assets less current liabilities
(1,080)
(60)
Net liabilities
(1,080)
(60)
Capital and reserves
(1,080)
(60)
Notes to the financial statements
1
Reporting period
The director has presented the financial statements for a period that is shorter than 12 months. Therefore, the amounts presented in the financial statements (including the related notes) are not entirely comparable.
2
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2024
2023
Number
Number
Employees
3
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore the company continues to adopt the going concern basis of accounting in preparing the financial statements. The validity of this assumption depends on the continued support of the company's director, and other creditors. If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for further liabilities that might arise and to reclassify fixed assets as current assets.
Latep (SPV1) Limited is a private company limited by shares incorporated in England and Wales. The registered office is A Melcombe Regis Court, 59 Weymouth Street, Marylebone, London, W1G 8NS.
For the period 17 August 2022 to 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
LATEP (SPV1) LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 30 April 2025
Mr Ankith Patel
Director
Company registration number 14302288 (England and Wales)