For the financial Period ended 30 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Latimer Land (Luton) Limited is a private company limited by shares incorporated in England and Wales. The registered office is c/o 27 Shirwell Crescent, Furzton Lake, MILTON KEYNES, Bucks, UK, MK4 1GA.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The average monthly number of persons (including directors) employed by the company during the Period was:

During the Period the company entered into the following transactions with related parties:

Latimer Associates (U.K) Limited

A company in which Mr M Keech and Mr B Bidnell were directors at the period end.

A loan of £50,650 from Latimer Associates (U.K) Limited was repaid during the period.

Pedralbes Limited

A company in which Mr M Keech and Mr B Bidnell were directors at the period end.

A loan of £1,279,747 (2023: -£693,000) from Latimer Associates (U.K) Limited was owed at the period end and is included in other debtors.