REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 July 2021 |
|
for |
|
Latimer Associates (U.K) Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 July 2021 |
|
for |
|
Latimer Associates (U.K) Limited |
Latimer Associates (U.K) Limited (Registered number: 03421996) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 July 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Latimer Associates (U.K) Limited |
|
Company Information |
for the Year Ended 31 July 2021 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
10 Orange Street |
London |
WC2H 7DQ |
Latimer Associates (U.K) Limited (Registered number: 03421996) |
|
Balance Sheet |
31 July 2021 |
|
31.7.21 | 31.7.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Share premium |
|
|
Retained earnings | ( |
) | ( |
) |
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
|
Latimer Associates (U.K) Limited (Registered number: 03421996) |
|
Notes to the Financial Statements |
for the Year Ended 31 July 2021 |
|
1. | STATUTORY INFORMATION |
|
Latimer Associates (U.K) Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
|
|
TANGIBLE FIXED ASSETS |
|
Plant and machinery etc | - |
|
|
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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was NIL (2020 - NIL). |
|
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 August 2020 |
and 31 July 2021 |
|
DEPRECIATION |
At 1 August 2020 |
|
Charge for year |
|
At 31 July 2021 |
|
NET BOOK VALUE |
At 31 July 2021 |
|
At 31 July 2020 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.21 | 31.7.20 |
£ | £ |
Other debtors |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.21 | 31.7.20 |
£ | £ |
Other creditors |
|
|
Latimer Associates (U.K) Limited (Registered number: 03421996) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2021 |
|
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The Director, Mr D Keech owed the company £39,476 (2020: £104,507) at the balance sheet date. |
|
8. | RELATED PARTY DISCLOSURES |
|
Latimer Land (Luton) Limited - Fellow subsidiary undertaking |
|
A company in which M D Keech, C W Keech, and D Keech were directors at the year end. |
|
A loan to Latimer Land (Luton) Limited to the value of £218,617 (2020: £218,617) was due at the year end and is included in other debtors. |
|
JFB Management Limited |
|
A company in which D Keech is a director. |
|
|
At the year end the company owed JFB Management Limited £387,491 (2020: £387,491) and this balance is included in other creditors. |
|
|
|
|
|
|
9. | ULTIMATE CONTROLLING PARTY |
|
The parent undertaking is Pedralbes Limited. |
|
Willdav Engineering AG, a company incorporated in Switzerland, is regarded by the directors as being the company's ultimate parent company. |
|
Willdav Engineering AG is wholly owned by the Oliver Foundation, which is a foundation incorporated in Panama. |
|
10. | 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. |