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Company Registration No. 13762192 (England and Wales)
Rex Latham Blacksmith Limited Unaudited accounts for the year ended 31 March 2025
Rex Latham Blacksmith Limited Unaudited accounts Contents
Page
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Rex Latham Blacksmith Limited Company Information for the year ended 31 March 2025
Directors
Mr Rex Latham Ms Katie Latham
Secretary
Mrs Gillian Latham
Company Number
13762192 (England and Wales)
Registered Office
163 Preston Down Road Preston Paignton Devon TQ3 1DW England
Accountants
Rossmore Accountants Limited
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Rex Latham Blacksmith Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,000 
12,000 
Tangible assets
117 
169 
12,117 
12,169 
Current assets
Inventories
4,000 
6,250 
Cash at bank and in hand
2,270 
1,197 
6,270 
7,447 
Creditors: amounts falling due within one year
(18,705)
(19,483)
Net current liabilities
(12,435)
(12,036)
Net (liabilities)/assets
(318)
133 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(418)
33 
Shareholders' funds
(318)
133 
For the year ending 31 March 2025 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 1 May 2024 and were signed on its behalf by
Mr Rex Latham Director Company Registration No. 13762192
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Rex Latham Blacksmith Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Rex Latham Blacksmith Limited is a private company, limited by shares, registered in England and Wales, registration number 13762192. The registered office is 163 Preston Down Road, Preston, Paignton, Devon, TQ3 1DW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% striaght line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
12,000 
At 31 March 2025
12,000 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
12,000 
At 31 March 2024
12,000 
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Rex Latham Blacksmith Limited Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
300 
At 31 March 2025
300 
Depreciation
At 1 April 2024
131 
Charge for the year
52 
At 31 March 2025
183 
Net book value
At 31 March 2025
117 
At 31 March 2024
169 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,787 
1,418 
Loans from directors
16,318 
17,165 
Accruals
600 
900 
18,705 
19,483 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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