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Company Registration No. 13498011 (England and Wales)
A. Lafont Limited Unaudited accounts for the year ended 31 August 2024
A. Lafont Limited Unaudited accounts Contents
Page
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A. Lafont Limited Company Information for the year ended 31 August 2024
Directors
Neil Boston Nicolas Sandjian Gaël Jean Vanneuville
Company Number
13498011 (England and Wales)
Registered Office
28 Melford Court Hardwick Grange Woolston Warrington WA1 4RZ
Accountants
Sarah Harrison Accountancy Services Limited 48 Highfield Road Lymm Cheshire WA13 0EF
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A. Lafont Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
962 
47,622 
Current assets
Inventories
- 
464,061 
Debtors
72,488 
96,647 
Cash at bank and in hand
40,666 
44,320 
113,154 
605,028 
Creditors: amounts falling due within one year
(1,840,724)
(1,819,112)
Net current liabilities
(1,727,570)
(1,214,084)
Net liabilities
(1,726,608)
(1,166,462)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,726,708)
(1,166,562)
Shareholders' funds
(1,726,608)
(1,166,462)
For the year ending 31 August 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 13 January 2025 and were signed on its behalf by
Neil Boston Director Company Registration No. 13498011
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A. Lafont Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
A. Lafont Limited is a private company, limited by shares, registered in England and Wales, registration number 13498011. The registered office is 28 Melford Court, Hardwick Grange, Woolston, Warrington, WA1 4RZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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.
Going concern
As noted in the Directors' Report, the Company ceased trading as at 30 April 2024 and accordingly, the financial statements have been prepared on the basis other than going concern. The directors have received confirmation that the financial support of the parent company, Cepovett SAS, will continue in order to enable the Company to meet its liabilities as they fall due. The Directors intend to liquidate the Company in due course, once all remaining balances have been settled.
Basis of preparation
The company has ceased trading and therefore the financial statements have been prepared on a basis other than the going concern basis. This basis includes, where applicable, writing the company's assets down to net realisable value. Fixed assets have been restated to recoverable amounts on the grounds that the company is no longer trading and are available for sale in their current condition and current assets have been stated at recoverable amounts. Provisions have also been made in respect of contracts that have become onerous at the balance sheet date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Plant & machinery
5 years
Motor vehicles
5 years
Fixtures & fittings
5 years
Computer equipment
3 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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A. Lafont Limited Notes to the Accounts for the year ended 31 August 2024
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
902 
16,880 
41,424 
10,259 
69,465 
Additions
- 
- 
861 
717 
1,578 
Disposals
(184)
(16,880)
(34,172)
(10,976)
(62,212)
At 31 August 2024
718 
- 
8,113 
- 
8,831 
Depreciation
At 1 September 2023
285 
4,933 
12,085 
4,540 
21,843 
Charge for the year
513 
5,232 
18,241 
2,133 
26,119 
On disposals
(80)
(10,165)
(23,175)
(6,673)
(40,093)
At 31 August 2024
718 
- 
7,151 
- 
7,869 
Net book value
At 31 August 2024
- 
- 
962 
- 
962 
At 31 August 2023
617 
11,947 
29,339 
5,719 
47,622 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,980 
8,880 
Trade debtors
(202)
8,578 
Accrued income and prepayments
37,634 
40,918 
Other debtors
30,076 
38,271 
72,488 
96,647 
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A. Lafont Limited Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
13,242 
24,751 
Amounts owed to group undertakings and other participating interests
1,777,581 
1,766,475 
Taxes and social security
- 
9,465 
Other creditors
- 
2,714 
Accruals
49,901 
15,707 
1,840,724 
1,819,112 
7
Pension commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £nil (2023: £1,462) were due to the fund. They are included in other creditors.
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 August 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
49,490 
50,249 
Later than one year and not later than five years
- 
37,398 
49,490 
87,647 
9
Transactions with related parties
The immediate and ultimate parent undertaking and controlling party is Cepovett SAS, which prepares group financial statements. The registered office address of Cepovett SAS is 150 ancienne route de Beaujeu, 69400 Gleize.
10
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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