Acorah Software Products - Accounts Production 15.0.600 false true false 6 March 2023 28 February 2024 28 February 2024 14707742 Mrs Sarah White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14707742 2023-03-05 14707742 2024-02-28 14707742 2023-03-06 2024-02-28 14707742 frs-core:CurrentFinancialInstruments 2024-02-28 14707742 frs-core:Non-currentFinancialInstruments 2024-02-28 14707742 frs-core:FurnitureFittings 2024-02-28 14707742 frs-core:FurnitureFittings 2023-03-06 2024-02-28 14707742 frs-core:FurnitureFittings 2023-03-05 14707742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-28 14707742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-06 2024-02-28 14707742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-05 14707742 frs-core:SharePremium 2024-02-28 14707742 frs-core:ShareCapital 2024-02-28 14707742 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 14707742 frs-bus:PrivateLimitedCompanyLtd 2023-03-06 2024-02-28 14707742 frs-bus:FilletedAccounts 2023-03-06 2024-02-28 14707742 frs-bus:SmallEntities 2023-03-06 2024-02-28 14707742 frs-bus:AuditExemptWithAccountantsReport 2023-03-06 2024-02-28 14707742 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-06 2024-02-28 14707742 frs-bus:OrdinaryShareClass1 2023-03-06 2024-02-28 14707742 frs-bus:OrdinaryShareClass1 2024-02-28 14707742 frs-core:UnlistedNon-exchangeTraded 2024-02-28 14707742 frs-core:UnlistedNon-exchangeTraded 2023-03-05 14707742 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-05 14707742 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-28 14707742 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-28 14707742 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-05 14707742 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-28 14707742 frs-bus:Director1 2023-03-06 2024-02-28 14707742 frs-countries:EnglandWales 2023-03-06 2024-02-28
Registered number: 14707742
Lliss Holdings Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Lliss Holdings Limited for the year ended 28 February 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Lliss Holdings Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Lliss Holdings Limited , as a body, in accordance with the terms of our engagement letter dated 22 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of Lliss Holdings Limited and state those matters that we have agreed to state to the director of Lliss Holdings Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lliss Holdings Limited and its director as a body for our work or for this report.
It is your duty to ensure that Lliss Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Lliss Holdings Limited . You consider that Lliss Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lliss Holdings Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
27th October 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 14707742
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 256,384
Investments 5 294,535
550,919
CURRENT ASSETS
Cash at bank and in hand 43,266
43,266
Creditors: Amounts Falling Due Within One Year 6 (336,590 )
NET CURRENT ASSETS (LIABILITIES) (293,324 )
TOTAL ASSETS LESS CURRENT LIABILITIES 257,595
Creditors: Amounts Falling Due After More Than One Year 7 (111,962 )
NET ASSETS 145,633
CAPITAL AND RESERVES
Called up share capital 8 1
Share premium account 139,996
Profit and Loss Account 5,636
SHAREHOLDERS' FUNDS 145,633
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For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Sarah White
Director
27th October 2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Lliss Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14707742 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation provided
Fixtures & Fittings 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Fixed Asset Investment
Investments in subsidiaries are measured at cost less accumulated impairment on an annual basis. Impairment is recognised through the statement of profit and loss.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 6 March 2023 - - -
Additions 221,400 36,276 257,676
As at 28 February 2024 221,400 36,276 257,676
Depreciation
As at 6 March 2023 - - -
Provided during the period - 1,292 1,292
As at 28 February 2024 - 1,292 1,292
Net Book Value
As at 28 February 2024 221,400 34,984 256,384
As at 6 March 2023 - - -
5. Investments
Unlisted
£
Cost
As at 6 March 2023 -
Additions 294,535
As at 28 February 2024 294,535
Provision
As at 6 March 2023 -
As at 28 February 2024 -
Net Book Value
As at 28 February 2024 294,535
As at 6 March 2023 -
The company's investments at the balance sheet date are the share capital of companies made up by the following:
Willow Bank Residential Limited
Registered office: Inside United Kingdom
Nature of business: Residential care activities for the elderly & disabled
100%
Class of shares: Holding
2 B Ordinary 
2 C Ordinary
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6. Creditors: Amounts Falling Due Within One Year
2024
£
Bank loans and overdrafts 31,468
Amounts owed to group undertakings 273,322
Other creditors 31,800
336,590
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 111,962
8. Share Capital
2024
Allotted, called up and fully paid £
1 Ordinary Shares of £ 1 each 1
9. Security
There is a fixed and floating charge registered at Companies House on the property and all undertakings of the company assets.
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