REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 31 July 2015 |
|
for |
|
Latimer Associates (U.k) Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 31 July 2015 |
|
for |
|
Latimer Associates (U.k) Limited |
Latimer Associates (U.k) Limited (Registered number: 03421996) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Year Ended 31 July 2015 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 4 |
Latimer Associates (U.k) Limited |
|
Company Information |
for the Year Ended 31 July 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
|
|
|
|
Latimer Associates (U.k) Limited (Registered number: 03421996) |
|
Abbreviated Balance Sheet |
31 July 2015 |
|
31.7.15 | 31.7.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Debtors | 3 |
|
|
Cash in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
|
|
NET LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Share premium |
|
|
Profit and loss account |
( |
) |
( |
) |
SHAREHOLDERS' FUNDS |
( |
) |
( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Latimer Associates (U.k) Limited (Registered number: 03421996) |
|
Abbreviated Balance Sheet - continued |
31 July 2015 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
Latimer Associates (U.k) Limited (Registered number: 03421996) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 31 July 2015 |
|
1. | ACCOUNTING POLICIES |
|
ACCOUNTING CONVENTION |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
TURNOVER |
Turnover relates to the provision of management services and is stated net of value added tax. |
|
TANGIBLE FIXED ASSETS |
|
|
Plant and machinery etc | - |
|
|
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
GOING CONCERN |
These financial statements have been prepared on the basis that the company is a going concern but reference |
should be made to the Note on Financial Commitments. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2014 |
and 31 July 2015 |
|
DEPRECIATION |
At 1 August 2014 |
|
Charge for year |
|
At 31 July 2015 |
|
NET BOOK VALUE |
At 31 July 2015 |
|
At 31 July 2014 |
|
|
3. |
DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
|
The aggregate total of debtors falling due after more than one year is £
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.7.15 | 31.7.14 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
|
Latimer Associates (U.k) Limited (Registered number: 03421996) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 July 2015 |
|
5. | ULTIMATE PARENT COMPANY |
|
The parent undertaking is Pedralbes Limited. Willdav Engineering SA, a company incorporated in Switzerland, |
is regarded by the directors as being the company's ultimate parent company. |
Willdav Engineering SA is wholly owned by the Oliver Foundation, which is a foundation incorporated in |
Panama. |
|
Mr E Schmutz was a director of Latimer Associates (UK) Ltd, Pedralbes Ltd and a trustee of the Oliver |
Foundation. |
|
6. | FINANCIAL COMMITMENTS AND GOING CONCERN |
|
The directors have considered the going concern position of the company. They have concluded that the |
company is a going concern because amounts included in other creditors are due to related companies, which |
have given undertakings that repayments will not be sought until the company is in a position to make |
repayments. |