Littler Investments Limited 00841682 false 2022-04-06 2023-04-05 2023-04-05 The principal activity of the company is letting of real estate Digita Accounts Production Advanced 6.30.9574.0 true 00841682 2022-04-06 2023-04-05 00841682 2023-04-05 00841682 core:RetainedEarningsAccumulatedLosses 2023-04-05 00841682 core:RevaluationReserve 2023-04-05 00841682 core:ShareCapital 2023-04-05 00841682 core:CurrentFinancialInstruments 2023-04-05 00841682 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 00841682 core:LandBuildings 2023-04-05 00841682 bus:SmallEntities 2022-04-06 2023-04-05 00841682 bus:AuditExemptWithAccountantsReport 2022-04-06 2023-04-05 00841682 bus:FullAccounts 2022-04-06 2023-04-05 00841682 bus:SmallCompaniesRegimeForAccounts 2022-04-06 2023-04-05 00841682 bus:RegisteredOffice 2022-04-06 2023-04-05 00841682 bus:Director1 2022-04-06 2023-04-05 00841682 bus:PrivateLimitedCompanyLtd 2022-04-06 2023-04-05 00841682 countries:EnglandWales 2022-04-06 2023-04-05 00841682 2022-04-05 00841682 core:LandBuildings 2022-04-05 00841682 2021-04-06 2022-04-05 00841682 2022-04-05 00841682 core:RetainedEarningsAccumulatedLosses 2022-04-05 00841682 core:RevaluationReserve 2022-04-05 00841682 core:ShareCapital 2022-04-05 00841682 core:CurrentFinancialInstruments 2022-04-05 00841682 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-05 00841682 core:LandBuildings 2022-04-05 iso4217:GBP xbrli:pure

Registration number: 00841682

Littler Investments Limited

Unaudited Financial Statements

for the Year Ended 5 April 2023

 

Littler Investments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Littler Investments Limited

(Registration number: 00841682)
Balance Sheet as at 5 April 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

1,300,000

1,300,000

Current assets

 

Debtors

5

4,972

1,402

Cash at bank and in hand

 

160,460

138,636

 

165,432

140,038

Creditors: Amounts falling due within one year

6

(33,219)

(33,691)

Net current assets

 

132,213

106,347

Total assets less current liabilities

 

1,432,213

1,406,347

Provisions for liabilities

(121,360)

(121,360)

Net assets

 

1,310,853

1,284,987

Capital and reserves

 

Called up share capital

5,000

5,000

Revaluation reserve

1,087,445

1,087,445

Profit and loss account

218,408

192,542

Shareholders' funds

 

1,310,853

1,284,987

For the financial year ending 5 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 9 November 2023 and signed on its behalf by:
 

.........................................
Mr Graeme Currie
Director

 

Littler Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Littler Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment properties are revalued to market value.

No depreciation is charged against investment properties except in the case of leasehold property where the unexpired term of the lease is less than 20 years.

The company had adopted a true and fair override in respect of investment properties, as the Companies Act 2006 requires that depreciation is charged.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 6 April 2022

1,300,000

1,300,000

At 5 April 2023

1,300,000

1,300,000

Depreciation

Carrying amount

At 5 April 2023

1,300,000

1,300,000

At 5 April 2022

1,300,000

1,300,000

Included within the net book value of land and buildings above is £585,000 (2022 - £585,000) in respect of freehold land and buildings and £715,000 (2022 - £715,000) in respect of long leasehold land and buildings.
 

5

Debtors

2023
£

2022
£

Trade debtors

4,972

1,402

4,972

1,402

 

Littler Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

115

-

Taxation and social security

20,497

22,694

Accruals and deferred income

12,586

10,106

Other creditors

21

891

33,219

33,691