Silverfin false true 31/01/2024 01/02/2023 31/01/2024 Barry Scott 09/05/2007 16 September 2024 During the financial year the company has not traded. SC323311 2024-01-31 SC323311 bus:Director1 2024-01-31 SC323311 2023-01-31 SC323311 core:CurrentFinancialInstruments 2024-01-31 SC323311 core:CurrentFinancialInstruments 2023-01-31 SC323311 core:ShareCapital 2024-01-31 SC323311 core:ShareCapital 2023-01-31 SC323311 core:LandBuildings 2023-01-31 SC323311 core:LandBuildings 2024-01-31 SC323311 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-01-31 SC323311 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-01-31 SC323311 bus:OrdinaryShareClass1 2024-01-31 SC323311 2023-02-01 2024-01-31 SC323311 bus:FilletedAccounts 2023-02-01 2024-01-31 SC323311 bus:SmallEntities 2023-02-01 2024-01-31 SC323311 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC323311 bus:EntityHasNeverTraded 2023-02-01 2024-01-31 SC323311 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC323311 bus:Director1 2023-02-01 2024-01-31 SC323311 2022-02-01 2023-01-31 SC323311 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 SC323311 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC323311 (Scotland)

LLG INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH THE REGISTRAR

LLG INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024

Contents

LLG INVESTMENTS LTD

BALANCE SHEET

AS AT 31 JANUARY 2024
LLG INVESTMENTS LTD

BALANCE SHEET (continued)

AS AT 31 JANUARY 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 39,247 39,247
39,247 39,247
Current assets
Cash at bank and in hand 0 200
0 200
Creditors: amounts falling due within one year 4 ( 39,047) ( 39,247)
Net current liabilities (39,047) (39,047)
Total assets less current liabilities 200 200
Net assets 200 200
Capital and reserves
Called-up share capital 5 200 200
Total shareholders' funds 200 200

LLG Investments Ltd (registered number: SC323311) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The financial statements of LLG Investments Ltd (registered number: SC323311) were approved and authorised for issue by the Director on 16 September 2024. They were signed on its behalf by:

Barry Scott
Director
LLG INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
LLG INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

LLG Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 36 Moycroft Road, Moycroft Industrial Estate, Elgin, Scotland, IV30 1XE, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Profit and Loss Account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies that are classified as debt, are initially recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 February 2023 39,247 39,247
At 31 January 2024 39,247 39,247
Accumulated depreciation
At 01 February 2023 0 0
At 31 January 2024 0 0
Net book value
At 31 January 2024 39,247 39,247
At 31 January 2023 39,247 39,247

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to related parties 39,047 39,247

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each 200 200

6. Related party transactions

Other related party transactions

2024 2023
£ £
Other related parties 39,247 39,247

The amount due is interest free and has no fixed terms of repayment.