ACCOUNTS - Final Accounts

LANGTRY HOLDINGS LIMITED - Company Information

05488892

LANGTRY HOLDINGS LIMITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018


LANGTRY HOLDINGS LIMITED

CONTENTS

	Page
Directors' report	1
Balance sheet	2
Notes to the financial statements	3 - 4


LANGTRY HOLDINGS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2018

The directors present their report and the financial statements for the year ended 31 December 2018.

Principal activity

The company was dormant throughout the year.

Directors

The directors who served during the year were:

R. Stoddart

L. Stoddart

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 28 June 2019 and signed on its behalf.

R. Stoddart

Director

Page 1


LANGTRY HOLDINGS LIMITED REGISTERED NUMBER:05488892

BALANCE SHEET

AS AT 31 DECEMBER 2018

		2018		2017
Note		£		£

Fixed assets
Investments	4		9,516		9,516

Creditors: amounts falling due within one year		(9,314)		(9,314)
Net current liabilities			(9,314)		(9,314)
Total assets less current liabilities			202		202

Net assets			202		202

Capital and reserves
Called up share capital	202	202
	202	202

For the year ended 31 December 2018 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 June 2019.

R. Stoddart

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2


LANGTRY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

1.	General information

Langtry Holdings Limited is a private company limited by shares incorporated in England. The address of the registered office and principal place of business is Langtry Lodge, South Town, Dartmouth, Devon, TQ6 9BU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Dormant status
	The company was dormant (within the meaning of Section 1169(1) of the Companies Act 2006) throughout the year ended 31 December 2018. The company has not traded during the year or during the preceding financial period. During these periods the company received no income and incurred no expenditure and therefore made neither a profit nor a loss.

Page 3


LANGTRY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 January 2018	9,516
	At 31 December 2018	9,516

	Net book value
	At 31 December 2018	9,516
	At 31 December 2017	9,516

Direct subsidiary undertakings
The following was a direct subsidiary undertaking of the Company:
Name	Class of shares	Holding	Principal activity

Langtry Developments Limited

Ordinary

100%

Property development

Indirect Subsidiary undertakings
The following was an indirect subsidiary undertaking of the Company:
Name	Class of shares	Holding	Principal activity

Properties Investments (Sutton Coldfield) Limited

Ordinary

100%

Dormant

5.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

	Amounts owed to group undertakings	9,314	9,314

Page 4