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REGISTERED NUMBER: 09994977 (England and Wales)
























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LANGLEY STRUCTURES LIMITED

LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LANGLEY STRUCTURES LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: R N Williams
A Silvestri





SECRETARY: Hp Secretarial Services Limited





REGISTERED OFFICE: Langley House Lamport Drive
Heartlands Business Park
Daventry
Northamptonshire
NN11 8YH





REGISTERED NUMBER: 09994977 (England and Wales)





AUDITORS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,237 4,727

CURRENT ASSETS
Stocks 5 63,402 138,951
Debtors 6 153,113 299,498
Cash at bank 21,152 166,785
237,667 605,234
CREDITORS
Amounts falling due within one year 7 276,040 559,159
NET CURRENT (LIABILITIES)/ASSETS (38,373 ) 46,075
TOTAL ASSETS LESS CURRENT LIABILITIES (34,136 ) 50,802

PROVISIONS FOR LIABILITIES 8 1,059 1,182
NET (LIABILITIES)/ASSETS (35,195 ) 49,620

CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium 62,225 62,225
Retained earnings (97,520 ) (12,705 )
SHAREHOLDERS' FUNDS (35,195 ) 49,620

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2025 and were signed on its behalf by:





R N Williams - Director


LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Langley Structures Limited 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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
- The company has transferred the significant risks and rewards of ownership to the buyer;
- The company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- The amount of revenue can be measured reliably;
- It is probable the company will receive the consideration due under the transaction; and
- The costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- The amount of revenue can be measured reliably;
- It is probable that the Company will receive the consideration due under the contract;
- The stage of completion of the contract at the end of the reporting period can be measured reliably; and
- The costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on the going concern basis, and the directors consider that this is appropriate because of the support from the parent company.

As at the point of authorising the accounts, and for the foreseeable future, the directors consider the going concern assumption to still be appropriate. The directors acknowledge that given the currently rapidly changing business and social environment, there are likely to be significant unknown factors which may present themselves. Such factors are considered by the directors to represent a general inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 - 816 19,461 13,304 33,581
Additions 250 - - 1,810 2,060
At 31 December 2024 250 816 19,461 15,114 35,641
DEPRECIATION
At 1 January 2024 - 153 19,461 9,240 28,854
Charge for year 10 204 - 2,336 2,550
At 31 December 2024 10 357 19,461 11,576 31,404
NET BOOK VALUE
At 31 December 2024 240 459 - 3,538 4,237
At 31 December 2023 - 663 - 4,064 4,727

5. STOCKS
2024 2023
£    £   
Stocks 63,402 138,951

LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 75,427
Other debtors 140,239 177,529
VAT 3,157 22,053
Prepayments 9,717 24,489
153,113 299,498

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,028 139,688
Amounts owed to group undertakings 139,399 198,967
Social security and other taxes 11,818 14,042
Accrued expenses 112,795 206,462
276,040 559,159

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,059 1,182

Deferred
tax
£   
Balance at 1 January 2024 1,182
Provided during year (123 )
Balance at 31 December 2024 1,059

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
751 Ordinary Shares 0.10 75 75
249 Ordinary A Shares 0.10 25 25
100 100

Ordinary shares have equal voting rights and rights to capital distribution.

A Ordinary shares have no voting rights however have rights to capital distribution.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Dilun Mistry FCA (Senior Statutory Auditor)
for and on behalf of TC Group

LANGLEY STRUCTURES LIMITED (REGISTERED NUMBER: 09994977)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


11. RELATED PARTY TRANSACTIONS

Langley Structures Limited is not a wholly-owned subsidiary, and has trading with other group companies.

During the year ended 31 December 2024 the company was charged £268,292 (2023 £272,734) of management charges by a group company. At 31 December 2024 the amount due to this entity was £91,683 (2023 £16,910).

During the year ended 31 December 2024 the company was charged £16,603 (2023 £45,570) for goods purchased from another group company. At 31 December 2024 the amount due to this entity was £47,716 (2023:£1,557).

During the year ended 31 December 2024 the company was charged £18,950 (2023 £12,000) of rent and property recharge costs by another group company. At 31 December 2024 the amount due to this entity was £863 (2023 £Nil).

During the year ended 31 December 2024 the company was charged £439 (2023: £327) for services purchased by another group company. At 31 December 2024 the amount due to this entity was £Nil (2023 £Nil).

12. ULTIMATE CONTROLLING PARTY

The controlling party is Langley UK Limited.

The ultimate controlling party is A Silvestri.

The smallest group for which consolidated financial statements are prepared in headed by Cavello Group Limited, and copies of these can be obtained from this parent company's registered office at Cavello House, Lamport Drive, Heartland Business Park, Daventry, Northamptonshire, NN11 8YH.