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REGISTERED NUMBER: 11831565 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

LL RETAIL LIMITED

LL RETAIL LIMITED (REGISTERED NUMBER: 11831565)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LL RETAIL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr L Connor
Mr L Sproates



REGISTERED OFFICE: The Tower
Daltongate Business Centre
Ulverston
Cumbria
LA12 7AJ



REGISTERED NUMBER: 11831565 (England and Wales)



BANKERS: Tide Platform Ltd
Crusader House
4th Floor
125-157 St John's Street
London
EC1V 4QJ

LL RETAIL LIMITED (REGISTERED NUMBER: 11831565)

ABRIDGED BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,166 3,816

CURRENT ASSETS
Stocks 77,980 52,980
Debtors 359,808 176,068
Cash at bank 674,208 397,381
1,111,996 626,429
CREDITORS
Amounts falling due within one year 395,320 281,671
NET CURRENT ASSETS 716,676 344,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

727,842

348,574

CREDITORS
Amounts falling due after more than one
year

13,091

23,274
NET ASSETS 714,751 325,300

CAPITAL AND RESERVES
Called up share capital 5 13 11
Retained earnings 714,738 325,289
SHAREHOLDERS' FUNDS 714,751 325,300

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

LL RETAIL LIMITED (REGISTERED NUMBER: 11831565)

ABRIDGED BALANCE SHEET - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:




Mr L Connor - Director



Mr L Sproates - Director


LL RETAIL LIMITED (REGISTERED NUMBER: 11831565)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

LL Retail 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 11,962
Additions 12,997
Disposals (1,348 )
At 31 May 2024 23,611
DEPRECIATION
At 1 June 2023 8,146
Charge for year 5,152
Eliminated on disposal (853 )
At 31 May 2024 12,445
NET BOOK VALUE
At 31 May 2024 11,166
At 31 May 2023 3,816

LL RETAIL LIMITED (REGISTERED NUMBER: 11831565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2
1 A dividend £1 1 1
1 B dividend £1 1 1
NIL C dividend £1 1 1
1 D dividend £1 1 1
1 E Dividend £1 1 1
1 F Dividend £1 1 1
1 G Dividend £1 1 1
1 H Dividend £1 1 1
1 I Dividend £1 1 1
1 J Dividend £1 1 -
1 K Dividend £1 1 -
13 11

The following shares were issued during the year for cash at par :

1 J Dividend share of £1
1 K Dividend share of £1

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
Mr L Connor
Balance outstanding at start of year - 2,915
Amounts advanced 121,459 -
Amounts repaid - (2,915 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 121,459 -

Mr L Sproates
Balance outstanding at start of year - -
Amounts advanced 121,459 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 121,459 -

During the financial year each director was charged £1,367 (2023 : £Nil) interest on the loan which is unsecured and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L Conner and Mr L Sproates.