Company Registration No. 10563431 (England and Wales)
The Lantic Company Limited
Unaudited accounts
for the year ended 31 July 2025
The Lantic Company Limited
Unaudited accounts
Contents
The Lantic Company Limited
Company Information
for the year ended 31 July 2025
Directors
P Roberts
R Roberts
Company Number
10563431 (England and Wales)
Registered Office
33 Lantic Road
Fowey
Cornwall
PL23 1FD
England
Accountants
Mrs R N Pitman
Portheras Accounting Ltd
Tremarstan
Kilhallon
Cornwall
PL24 2RL
The Lantic Company Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
49,568
62,537
Creditors: amounts falling due within one year
(563)
(6,721)
Net current assets
49,457
56,201
Called up share capital
2
2
Profit and loss account
50,646
56,844
Shareholders' funds
50,648
56,846
For the year ending 31 July 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by
R Roberts
Director
Company Registration No. 10563431
The Lantic Company Limited
Notes to the Accounts
for the year ended 31 July 2025
The Lantic Company Limited is a private company, limited by shares, registered in England and Wales, registration number 10563431. The registered office is 33 Lantic Road, Fowey, Cornwall, PL23 1FD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
-
1,871
1,871
At 31 July 2025
427
2,962
3,389
At 1 August 2024
-
1,226
1,226
Charge for the year
85
887
972
At 31 July 2025
85
2,113
2,198
At 31 July 2025
342
849
1,191
The Lantic Company Limited
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Accrued income and prepayments
182
325
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(1,057)
1,402
Loans from directors
902
4,759
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).