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LANGTREE PROPERTY LTD - Company Information

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Langtree Property Ltd

Registered Number:10216896

For the year ended 31 July 2018

England and Wales

Unaudited Financial Statements

For the year ended 31 July 2018

Langtree Property Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 July 2018

Langtree Property Ltd

Statement of Financial Position

Registered Number :

10216896

2017

2018

Notes

Fixed assets

Intangible assets

39,513

Property, plant and equipment

99,439

82,372

138,952

121,885

Current assets

Inventories

14,800

16,400

Trade and other receivables

26,129

32,427

116,688

Cash and cash equivalents

146,703

195,530

157,617

Trade and other payables: amounts falling due within one year

(182,572)

(223,925)

(24,955)

(28,395)

Net current liabilities

Total assets less current liabilities

110,557

96,930

Trade and other payables: amounts falling due after more than

one year

(51,856)

(23,235)

(40,800)

(20,000)

Provisions for liabilities

46,522

Net assets

25,074

Capital and reserves

Called up share capital

143

Retained earnings

46,379

24,931

46,522

25,074

Shareholders' funds

For the year ended 31 July 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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For the year ended 31 July 2018

Langtree Property Ltd

Statement of Financial Position Continued

J Ainsworth Director

These financial statements were approved and authorised for issue by the Board on 18 April 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 July 2018

Langtree Property Ltd

Notes to the Financial Statements

Statutory Information

Langtree Property Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number

10216896.

Registered address:

100 Summerwood Lane

Halsall

Ormskirk

Lancashire

L39 8RH

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting

Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain

assets.

2. Intangible fixed assets

Goodwill

Cost or valuation

At 01 August 2017

39,513

At 31 July 2018

39,513

Net book value

At 31 July 2018

39,513

At 31 July 2017

39,513

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For the year ended 31 July 2018

Langtree Property Ltd

Notes to the Financial Statements Continued

3. Property, plant and equipment

Total

Computer

Equipment

Furniture and

Fittings

Plant and

Machinery

Cost or valuation

At 01 August 2017

97,830

399

87,807

9,624

41,284

513

40,771

Additions

(60)

Disposals

(60)

At 31 July 2018

9,624

128,518

912

139,054

Provision for depreciation and impairment

At 01 August 2017

15,458

14,800

596

Charge for year

24,167

233

22,009

1,925

(10)

On disposal

At 31 July 2018

39,615

295

36,799

2,521

At 31 July 2018

Net book value

7,103

91,719

617

99,439

At 31 July 2017

9,028

73,007

337

82,372

4. Inventories

2017

2018

Stocks

16,400

14,800

5. Trade and other receivables

2017

2018

Trade debtors

17,827

11,529

Other debtors

14,600

26,129

32,427

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For the year ended 31 July 2018

Langtree Property Ltd

Notes to the Financial Statements Continued

6. Trade and other payables: amounts falling due within one year

2017

2018

Bank loans and overdraft

30,159

Trade creditors

62,041

57,284

Taxation and social security

47,533

56,519

Other creditors

84,192

38,610

223,925

182,572

7. Trade and other payables: amounts falling due after more than one year

2017

2018

Bank loans and overdraft

23,235

51,856

8. Related party transactions

Langtree Pub & Kitchens Ltd, a company who the directors are material shareholders, provided a loan at arms length

agreement, the amount outstanding at the end of the period is £, 53,394

9. Average number of persons employed

During the year the average number of employees was 39 (2017 : 34)

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