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Company Registration No. 10455881 (England and Wales)
Little Acres Properties Ltd Unaudited accounts for the year ended 30 November 2024
Little Acres Properties Ltd Unaudited accounts Contents
Page
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Little Acres Properties Ltd Company Information for the year ended 30 November 2024
Director
Mrs J Runacres
Company Number
10455881 (England and Wales)
Registered Office
33 Castle Avenue Ewell Epsom KT17 2PL
Accountants
Maddox & Maddox Limited 9 Commercial Yard Barnard Castle County Durham DL12 8FE
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Little Acres Properties Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
175,505 
175,505 
Current assets
Debtors
37 
- 
Cash at bank and in hand
303,722 
77,388 
303,759 
77,388 
Creditors: amounts falling due within one year
(416,479)
(196,693)
Net current liabilities
(112,720)
(119,305)
Total assets less current liabilities
62,785 
56,200 
Provisions for liabilities
Deferred tax
(5,909)
(5,909)
Net assets
56,876 
50,291 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
56,776 
50,191 
Shareholders' funds
56,876 
50,291 
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 February 2025 and were signed on its behalf by
Mrs J Runacres Director Company Registration No. 10455881
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Little Acres Properties Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Little Acres Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10455881. The registered office is 33 Castle Avenue, Ewell, Epsom, KT17 2PL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
Non distributable reserves
The amount of non distributable reserves at the end of 30 November 2021 which is the fair value reserves is £70,000.
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Little Acres Properties Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
1,657 
At 30 November 2024
1,657 
Depreciation
At 1 December 2023
1,657 
At 30 November 2024
1,657 
Net book value
At 30 November 2024
- 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
175,505 
At 30 November 2024
175,505 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
37 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
415,669 
195,913 
Accruals
810 
780 
416,479 
196,693 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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