LETCHWORTH GARDEN CITY TRADING LIMITED

Company Registration Number:
03530307 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

LETCHWORTH GARDEN CITY TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LETCHWORTH GARDEN CITY TRADING LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The company operates with a view to generating profits to support Letchworth Garden City Heritage Foundation, the controlling shareholder. The company has entered a Deed of Covenant to remit all permissible taxable profits to the controlling shareholder. The principal activities of the company include buying, developing and selling land, buildings, plant and machinery, together with the provision of telephony and ancillary services to businesses located in the Spirella building and the Nexus building in Letchworth Garden City.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

G Hawkins
C Pattison
S Franklin
K Jones
I Mantle
T Hone
J Hillson
M Collins
J Dew


The director shown below has held office during the period of
1 January 2024 to 15 October 2024

L Gravatt


The director shown below has held office during the period of
1 January 2024 to 9 July 2024

R McIntyre-Brown


The director shown below has held office during the period of
1 January 2024 to 18 March 2024

A Egbe


The director shown below has held office during the period of
1 January 2024 to 17 February 2024

J Coling


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 May 2025

And signed on behalf of the board by:
Name: G Hawkins
Status: Director

LETCHWORTH GARDEN CITY TRADING LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 18,846 75,824
Cost of sales: 0 ( 20,433 )
Gross profit(or loss): 18,846 55,391
Administrative expenses: ( 61,333 ) ( 59,556 )
Operating profit(or loss): (42,487) (4,165)
Interest receivable and similar income: 29,098 17,860
Profit(or loss) before tax: (13,389) 13,695
Profit(or loss) for the financial year: (13,389) 13,695

LETCHWORTH GARDEN CITY TRADING LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Current assets
Debtors: 3 150 204
Cash at bank and in hand: 1,188,781 1,200,325
Total current assets: 1,188,931 1,200,529
Creditors: amounts falling due within one year: 4 ( 11,111 ) ( 15,793 )
Net current assets (liabilities): 1,177,820 1,184,736
Total assets less current liabilities: 1,177,820 1,184,736
Total net assets (liabilities): 1,177,820 1,184,736
Capital and reserves
Called up share capital: 1,115,000 1,115,000
Profit and loss account: 62,820 69,736
Total Shareholders' funds: 1,177,820 1,184,736

The notes form part of these financial statements

LETCHWORTH GARDEN CITY TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 13 May 2025
and signed on behalf of the board by:

Name: G Hawkins
Status: Director

The notes form part of these financial statements

LETCHWORTH GARDEN CITY TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover which is stated net of value added tax, represents goods and services supplied to group undertakings and third parties. Turnover is recognised on an accruals basis.

    Valuation information and policy

    Stock Stock held for sale is valued at the lower of cost or net realisable value.

LETCHWORTH GARDEN CITY TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

LETCHWORTH GARDEN CITY TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 150 59
Prepayments and accrued income 0 145
Total 150 204

LETCHWORTH GARDEN CITY TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 8,312 3,900
Other creditors 2,799 11,893
Total 11,111 15,793