IRIS Accounts Production v24.3.2.46 06351851 Board of Directors 31.8.23 30.8.24 30.8.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063518512023-08-30063518512024-08-30063518512023-08-312024-08-30063518512022-08-30063518512022-08-312023-08-30063518512023-08-3006351851ns15:EnglandWales2023-08-312024-08-3006351851ns14:PoundSterling2023-08-312024-08-3006351851ns10:Director12023-08-312024-08-3006351851ns10:PrivateLimitedCompanyLtd2023-08-312024-08-3006351851ns10:SmallEntities2023-08-312024-08-3006351851ns10:AuditExempt-NoAccountantsReport2023-08-312024-08-3006351851ns10:SmallCompaniesRegimeForDirectorsReport2023-08-312024-08-3006351851ns10:SmallCompaniesRegimeForAccounts2023-08-312024-08-3006351851ns10:FullAccounts2023-08-312024-08-3006351851ns10:OrdinaryShareClass12023-08-312024-08-3006351851ns10:Director22023-08-312024-08-3006351851ns10:RegisteredOffice2023-08-312024-08-3006351851ns5:CurrentFinancialInstruments2024-08-3006351851ns5:CurrentFinancialInstruments2023-08-3006351851ns5:ShareCapital2024-08-3006351851ns5:ShareCapital2023-08-3006351851ns5:RetainedEarningsAccumulatedLosses2024-08-3006351851ns5:RetainedEarningsAccumulatedLosses2023-08-3006351851ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3006351851ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3006351851ns10:OrdinaryShareClass12024-08-30
REGISTERED NUMBER: 06351851 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 AUGUST 2024

FOR

LITTLE NELL LIMITED

LITTLE NELL LIMITED (REGISTERED NUMBER: 06351851)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LITTLE NELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 AUGUST 2024







DIRECTORS: S Purvis
A J Purvis





REGISTERED OFFICE: Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL





REGISTERED NUMBER: 06351851 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

LITTLE NELL LIMITED (REGISTERED NUMBER: 06351851)

BALANCE SHEET
30 AUGUST 2024

30.8.24 30.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 160,000 160,000

CURRENT ASSETS
Debtors 5 21,805 17,959
Cash at bank 1,051 2,101
22,856 20,060
CREDITORS
Amounts falling due within one year 6 104,516 111,315
NET CURRENT LIABILITIES (81,660 ) (91,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,340

68,745

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 78,338 68,743
SHAREHOLDERS' FUNDS 78,340 68,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 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 14 January 2025 and were signed on its behalf by:





S Purvis - Director


LITTLE NELL LIMITED (REGISTERED NUMBER: 06351851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024


1. STATUTORY INFORMATION

Little Nell 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.

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.

Turnover
Turnover represents rental income, excluding VAT.

Rental income is recognised in the period to which it relates to.

Investment property
In accordance with FRS 102; Investment property is property (land or building, or part of a building, or both) held by the owner or by the lessee under a finance lease to earn rentals or for capital appreciation or both. An entity shall measure investment property at its initial recognition. The cost of a purchased investment property comprises its purchase price and any directly attributable expenditure such as legal and brokerage fees, property transfer taxes and other transaction costs. Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

The directors consider that the value included in the accounts is a fair valuation of the property's market value at the balance sheet date.

Taxation
Taxation for the year comprises current 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 tax 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 August 2023
and 30 August 2024 160,000
NET BOOK VALUE
At 30 August 2024 160,000
At 30 August 2023 160,000

LITTLE NELL LIMITED (REGISTERED NUMBER: 06351851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024


4. INVESTMENT PROPERTY - continued

Fair value at 30 August 2024 is represented by:
£   
Valuation in 2024 160,000

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

30.8.24 30.8.23
£    £   
Cost 150,000 150,000

Investment property was valued on an open market basis on 30 August 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.8.24 30.8.23
£    £   
Other debtors 21,805 17,959

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.8.24 30.8.23
£    £   
Trade creditors 630 1,285
Taxation and social security 2,251 1,247
Other creditors 101,635 108,783
104,516 111,315

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.8.24 30.8.23
value: £    £   
2 Ordinary £1.00 2 2

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 August 2024 and 30 August 2023:

30.8.24 30.8.23
£    £   
Director
Balance outstanding at start of year (40,801 ) (45,801 )
Amounts advanced 8,500 5,000
Amounts repaid (20 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (32,321 ) (40,801 )

LITTLE NELL LIMITED (REGISTERED NUMBER: 06351851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Director
Balance outstanding at start of year (66,395 ) (66,395 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (66,395 ) (66,395 )

The loans are interest free.