REGISTERED NUMBER: 15348607 (England and Wales)

Financial Statements

for the Period

13 December 2023 to 31 December 2024

for

LATINGO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Dal Molin

Mr D A Murray

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

15348607 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

12,116

CURRENT ASSETS

Debtors

5

5,603

Cash at bank

1,018

6,621

CREDITORS

Amounts falling due within one year

6

33,670

NET CURRENT LIABILITIES

(27,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,933

)

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

(15,033

)

SHAREHOLDERS' FUNDS

(14,933

)

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

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

The directors acknowledge their 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.

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 4 September 2025 and were signed on its behalf by:

Mr D A Murray - Director

1.	STATUTORY INFORMATION

Latingo 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 each asset over its estimated useful life.

Plant and machinery

-

20% on Cost and 10% on cost

Fixtures and fittings

-

20% on Cost

Motor vehicles

-

20% on Cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

Additions

2,144

1,653

8,351

778

12,926

At 31 December 2024

2,144

1,653

8,351

778

12,926

DEPRECIATION

Charge for period

66

122

557

65

810

At 31 December 2024

66

122

557

65

810

NET BOOK VALUE

At 31 December 2024

2,078

1,531

7,794

713

12,116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' current accounts

4,996

Prepayments and accrued income

607

5,603

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

32,450

Social security and other taxes

20

Accruals and deferred income

1,200

33,670

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

A Ordinary

£1

50

49

B Ordinary

£1

49

1

C Ordinary

£1

1

100

The following shares were issued during the period for cash at par :

50 A Ordinary shares of £1

49 B Ordinary shares of £1

1 C Ordinary share of £1

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024:

£

Mr A Dal Molin

Balance outstanding at start of period

-

Amounts advanced

4,996

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

4,996

At the balance sheet date included within debtors due within one year is £4,996 due and payable by the director. The amount was fully repaid within 9 months of the balance sheet date.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Blue Sabina Ltd.