LETCHMORE LTD


Directors	Mr D Gordon
	Mrs N M Gordon


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	15157247 (England and Wales)

Statement of Financial Position
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		-		1
			-		1
Current assets
Debtors	4	63,001		106,008
Cash at bank and on hand		2,449		380
		65,450		106,388
Creditors amounts falling due within one year	5	(61,718)		(5,804)
Net current assets (liabilities)			3,732		100,584
Total assets less current liabilities			3,732		100,585
Net assets			3,732		100,585
Capital and reserves
Called up share capital			100		100
Profit and loss account			3,632		100,485
Shareholders' funds			3,732		100,585

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 11 August 2026, and are signed on its behalf by:

Mr D Gordon
Director
Registered Company No. 15157247

LETCHMORE LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

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

	Turnover policy
	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.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Fixed asset investments
	The company holds an equity investment, which is carried at a cost of £0.01. Due to rounding, no value is reflected in the financial statements.

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 December 24	1	1
Disposals	(1)	(1)
Net book value
At 30 November 25	-	-
At 30 November 24	1	1

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	63,001	106,008
Total	63,001	106,008

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	-	404
Other creditors	60,846	5,400
Accrued liabilities and deferred income	872	-
Total	61,718	5,804

6.	Related party transactions
	As at the balance sheet date, included within creditors due within one year was an amount of £46 (2024: £106,007 due from the directors) due to the directors. During the period, interest of £823 was charged on the outstanding balance at a rate of 2.25% until 5 April 2025 and 3.75% thereafter. As at balance sheet date, included in debtors due within one year is £63,000 ( 2024: £nil) due from David Gordon Ortho Limited. The amount is interest-free and repayable on demand. The company is under common control by the directors.

Related party transactions

As at the balance sheet date, included within creditors due within one year was an amount of £46 (2024: £106,007 due from the directors) due to the directors. During the period, interest of £823 was charged on the outstanding balance at a rate of 2.25% until 5 April 2025 and 3.75% thereafter.

As at balance sheet date, included in debtors due within one year is £63,000 ( 2024: £nil) due from David Gordon Ortho Limited. The amount is interest-free and repayable on demand. The company is under common control by the directors.