REGISTERED NUMBER: 01629542 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Larontrol Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

W Garot

SECRETARY:

Mrs S C M Garot Westen

REGISTERED OFFICE:

Unit K4, Brookside Avenue

Rustington

West Sussex

BN16 3LF

REGISTERED NUMBER:

01629542 (England and Wales)

SENIOR STATUTORY AUDITOR:

Matthew Hodson BSc FCA

AUDITORS:

Hodson & Co

Wiston House

1 Wiston Avenue

Worthing

West Sussex

BN14 7QL

FIXED ASSETS

Tangible assets

4

4,561

5,527

CURRENT ASSETS

Stocks

227,214

102,737

Debtors

5

65,119

82,306

Cash at bank and in hand

155,842

282,317

448,175

467,360

CREDITORS

Amounts falling due within one year

6

(45,554

)

(94,798

)

NET CURRENT ASSETS

402,621

372,562

TOTAL ASSETS LESS CURRENT LIABILITIES

407,182

378,089

PROVISIONS FOR LIABILITIES

(1,140

)

(1,382

)

NET ASSETS

406,042

376,707

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

405,942

376,607

406,042

376,707

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 director and authorised for issue on 10 September 2025 and were signed by:

W Garot - Director

1.	STATUTORY INFORMATION

Larontrol 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, 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.

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 financial statements have been prepared on a going concern basis as the director believes that no material uncertainties exist. The director has considered the level of reserves held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the company to be able to continue as a going concern.

Cash flow statement

The company is exempt from the preparation of a cash flow statement because it is taking advantage of the small company exemptions.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

53,584

Additions

554

At 31 December 2024

54,138

DEPRECIATION

At 1 January 2024

48,057

Charge for year

1,520

At 31 December 2024

49,577

NET BOOK VALUE

At 31 December 2024

4,561

At 31 December 2023

5,527

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

49,707

69,841

Other debtors

15,412

12,465

65,119

82,306

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

220

217

Trade creditors

25,268

42,994

Taxation and social security

10,897

43,375

Other creditors

9,169

8,212

45,554

94,798

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

The Report of the Auditors was unqualified.

Matthew Hodson BSc FCA (Senior Statutory Auditor)

for and on behalf of Hodson & Co

8.	OTHER FINANCIAL COMMITMENTS

At the reporting end date the Company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024 2023

£ £

Within one year 15,137 11,992

Between 2 to 5 years 60,942 6,995

After more than 5 years - -

Total 76,079 18,987

Operating lease payments recognised as an expense during the period amounted to £12,684 (2023: £11,992).

9.	RELATED PARTY DISCLOSURES

At the year end the Company had the following balance owing to the Director: £2,600 (2023: £2,600).

10.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Silicon Stud Welding Products BV.

The parent company is registered at Monsterseweg 2, 2291 PB Wateringen, The Netherlands.

The ultimate controlling party is Wouter Garot, who holds 100% of the shares in the group.