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REGISTERED NUMBER: 11344774 (England and Wales)















Long Story Holdings Limited

Financial Statements for the Year Ended 31st May 2024






Long Story Holdings Limited (Registered number: 11344774)

Contents of the Financial Statements
for the Year Ended 31st May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Long Story Holdings Limited

Company Information
for the Year Ended 31st May 2024







DIRECTORS: C J Bennett
R J Benton
D Wiffen





REGISTERED OFFICE: 2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT





REGISTERED NUMBER: 11344774 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT

Long Story Holdings Limited (Registered number: 11344774)

Balance Sheet
31st May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 32,817 7,142

CURRENT ASSETS
Debtors 5 100 100

CREDITORS
Amounts falling due within one year 6 (43,455 ) (17,048 )
NET CURRENT LIABILITIES (43,355 ) (16,948 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,538

)

(9,806

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (10,638 ) (9,906 )
SHAREHOLDERS' FUNDS (10,538 ) (9,806 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 1st October 2024 and were signed on its behalf by:





C J Bennett - Director


Long Story Holdings Limited (Registered number: 11344774)

Notes to the Financial Statements
for the Year Ended 31st May 2024


1. STATEMENT OF COMPLIANCE

Long Story Holdings Limited is a company limited by shares and is incorporated in England and Wales, registration number 11344774. The registered office is 2 Oriel Court, Omega Park, Alton, Hampshire, GU34 2YT.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 convention.

Accounts have been prepared on a going concern basis due to the continued support of its directors.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Long Story Holdings Limited (Registered number: 11344774)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st June 2023 7,142
Additions 25,675
At 31st May 2024 32,817
NET BOOK VALUE
At 31st May 2024 32,817
At 31st May 2023 7,142

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 35 35
Directors' current accounts 65 65
100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 33,737 7,366
Other creditors 8,230 8,230
Directors' current accounts 756 756
Accruals and deferred income 732 696
43,455 17,048

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Share capital 1 1 100 100

8. RESERVES
Retained
earnings
£   

At 1st June 2023 (9,906 )
Deficit for the year (732 )
At 31st May 2024 (10,638 )