Roger Latham Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00974891 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

FOR

ROGER LATHAM LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W R Philpot

REGISTERED OFFICE:

Seven Stars House

1 Wheler Road

Coventry

CV3 4LB

REGISTERED NUMBER:

00974891 (England and Wales)

FIXED ASSETS

Investment property

4

175,000

175,000

CURRENT ASSETS

Debtors

46

45

Cash at bank

3,436

2,350

3,482

2,395

CREDITORS

Amounts falling due within one year

6,819

9,450

NET CURRENT LIABILITIES

(3,337

)

(7,055

)

TOTAL ASSETS LESS CURRENT LIABILITIES

171,663

167,945

PROVISIONS FOR LIABILITIES

7,842

7,842

NET ASSETS

163,821

160,103

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

163,721

160,003

SHAREHOLDERS' FUNDS

163,821

160,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2022 and were signed by:

W R Philpot - Director

1.	STATUTORY INFORMATION

Roger Latham Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company place of business is as follows: 75 Montrose Avenue, Leamington Spa, Warwickshire, CV32 .7DS.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The principal accounting policies adopted in preparation of the financial statements are set out below.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2020

and 30 April 2021

175,000

NET BOOK VALUE

At 30 April 2021

175,000

At 30 April 2020

175,000

Fair value at 30 April 2021 is represented by:

£

Valuation in 2003

5,523

Valuation in 2005

9,000

Valuation in 2006

2,900

Valuation in 2007

2,400

Valuation in 2012

25,700

Valuation in 2016

20,000

Valuation in 2019

25,000

Cost

84,477

175,000

If the investment property had not been revalued it would have been included at the following historical cost:

2021

2020

£

£

Cost

84,477

84,477

Investment property was valued on an open market basis on 30 April 2020 by the directors .

5.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.