Latin Quarter Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 03269524

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		393,927		395,045

			393,927		395,045
CURRENT ASSETS
Stocks		1,516,535		1,194,015
Debtors		978,647		981,055
Cash at bank and in hand		8,863		12,060

		2,504,045		2,187,130
Creditors: Amounts Falling Due Within One Year		(1,844,770 )		(1,515,937 )

NET CURRENT ASSETS (LIABILITIES)			659,275		671,193

TOTAL ASSETS LESS CURRENT LIABILITIES			1,053,202		1,066,238

NET ASSETS			1,053,202		1,066,238

CAPITAL AND RESERVES
Called up share capital	5		2		2
Profit and Loss Account			1,053,200		1,066,236

SHAREHOLDERS' FUNDS			1,053,202		1,066,238

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Latin Quarter Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr C W Birch

Director

21st November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Latin Quarter Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03269524 . The registered office is 12 Merryweather Place, Greenwich, SE10 8BN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not Depreciated
Plant & Machinery	33% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	15% Reducing balance
Computer Equipment	33% Reducing blance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	432,356
Additions	845

As at 31 March 2025	433,201

Depreciation
As at 1 April 2024	37,311
Provided during the period	1,963

As at 31 March 2025	39,274

Net Book Value
As at 31 March 2025	393,927

As at 1 April 2024	395,045

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Latin Quarter Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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