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REGISTERED NUMBER: 12954785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

LALTU Ltd

LALTU Ltd (Registered number: 12954785)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LALTU Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Ms M Choudhury-Reid





REGISTERED OFFICE: Unit 1 The Cam Centre
Wilbury Way
Hitchin
Hertfordshire
SG4 0TW





REGISTERED NUMBER: 12954785 (England and Wales)






LALTU Ltd (Registered number: 12954785)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,171 7,426

CURRENT ASSETS
Debtors 5 31,681 1,006
Cash and cash equivalents 31,041 57,889
62,722 58,895
CREDITORS
Amounts falling due within one year 6 34,229 22,395
NET CURRENT ASSETS 28,493 36,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,664

43,926

CREDITORS
Amounts falling due after more than one year 7 2,354 (2,834 )

PROVISIONS FOR LIABILITIES (792 ) (1,411 )
NET ASSETS 34,226 39,681

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 34,225 39,680
SHAREHOLDERS' FUNDS 34,226 39,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LALTU Ltd (Registered number: 12954785)

Balance Sheet - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 July 2025 and were signed by:





Ms M Choudhury-Reid - Director


LALTU Ltd (Registered number: 12954785)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

LALTU Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

LALTU Ltd (Registered number: 12954785)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a going concern basis.

Judgements
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LALTU Ltd (Registered number: 12954785)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2023 16,319
Additions 842
At 31 October 2024 17,161
DEPRECIATION
At 1 November 2023 8,893
Charge for year 4,097
At 31 October 2024 12,990
NET BOOK VALUE
At 31 October 2024 4,171
At 31 October 2023 7,426

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,235 1,006
Prepayments 446 -
31,681 1,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2 1
Social security and other taxes 32,204 20,794
Directors' current accounts 343 -
Accruals and deferred income 1,680 1,600
34,229 22,395

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other loans (see note 8) (2,354 ) -
Directors' loan accounts - 2,834
(2,354 ) 2,834

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due between one and two years:
Other loans - 1-2 years (2,354 ) -

LALTU Ltd (Registered number: 12954785)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 0.01 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Transactions with the director



At
1November202
3
At
31October
2024
2024£   £   
Ms M Choudhury-Reid
Directors Loan Account343343



At
1November20
22

Advances
todirector


entsby director


ctober 2023
2023£   £   £   £   
Ms M Choudhury-Reid
Directors Loan Account171(44,081)44,254343


11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Choudhury-Reid by virtue of their shareholding.