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Registered Number: 15039117
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 July 2026

for

LAUNCH INVESTMENTS LTD

Stephen Jeffrey Wallace
 
 
2026
£
    2025
£
 
Fixed assets 151,410  151,410 
Current assets 32,837  4,125 
Creditors: amount falling due within one year (71,733) (45,218)
Net current assets/(liabilities) (38,896) (41,093)
Total assets less current liabilities 112,514  110,317 
Creditors: amount falling due after more than one year (110,210) (110,210)
Net assets/(liabilities) 2,304  107 
 
Capital and reserves 2,304  107 
 



Notes to the Accounts
Statutory Information
Launch Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 15039117, registration address 253 Coatsworth Road, Gateshead, NE8 4LJ, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The Company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long-term liabilities as current liabilities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Tangible assets

Cost or Valuation   Freehold property   Total
    £   £
At 01 August 2025   74,160    74,160 
Additions   77,250    77,250 
At 31 July 2026   151,410    151,410 
Tangible fixed assets
3.

Average number of employees

Average number of employees during the year was 0 (2025: 0).

Director's Responsibilities:
  1. For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


---------------------------------------------
Stephen Jeffrey Wallace
Director

Date approved: 05 November 2026
1