IRIS Accounts Production v25.1.3.33 12227790 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122277902023-09-30122277902024-09-30122277902023-10-012024-09-30122277902022-09-30122277902022-10-012023-09-30122277902023-09-3012227790ns15:EnglandWales2023-10-012024-09-3012227790ns14:PoundSterling2023-10-012024-09-3012227790ns10:Director12023-10-012024-09-3012227790ns10:Director22023-10-012024-09-3012227790ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012227790ns10:SmallEntities2023-10-012024-09-3012227790ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3012227790ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012227790ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012227790ns10:FullAccounts2023-10-012024-09-3012227790ns10:RegisteredOffice2023-10-012024-09-3012227790ns5:CurrentFinancialInstruments2024-09-3012227790ns5:CurrentFinancialInstruments2023-09-3012227790ns5:ShareCapital2024-09-3012227790ns5:ShareCapital2023-09-3012227790ns5:SharePremium2024-09-3012227790ns5:SharePremium2023-09-3012227790ns5:RetainedEarningsAccumulatedLosses2024-09-3012227790ns5:RetainedEarningsAccumulatedLosses2023-09-3012227790ns5:PlantMachinery2023-09-3012227790ns5:PlantMachinery2023-10-012024-09-3012227790ns5:PlantMachinery2024-09-3012227790ns5:PlantMachinery2023-09-3012227790ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012227790ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 12227790 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Lil Watan Ltd

Lil Watan Ltd (Registered number: 12227790)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lil Watan Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: K Jammal
A R Sinno





REGISTERED OFFICE: 3 The Mill
Stuart Works
High Street
Wordsley
West Midlands
DY8 4FA





REGISTERED NUMBER: 12227790 (England and Wales)





ACCOUNTANTS: SRC Accountancy Services Limited
3 The Mill
Stuart Works
High Street
Wordsley
West Midlands
DY8 4FA

Lil Watan Ltd (Registered number: 12227790)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 105,063 61,859

CURRENT ASSETS
Debtors 5 73,839 48,363
Cash at bank 138,656 57,212
212,495 105,575
CREDITORS
Amounts falling due within one year 6 301,044 146,320
NET CURRENT LIABILITIES (88,549 ) (40,745 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,514 21,114

CAPITAL AND RESERVES
Called up share capital 875 875
Share premium 19,810 19,810
Retained earnings (4,171 ) 429
16,514 21,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 15 May 2025 and were signed on its behalf by:




K Jammal - Director



A R Sinno - Director


Lil Watan Ltd (Registered number: 12227790)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Lil Watan Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 6 ) .

Lil Watan Ltd (Registered number: 12227790)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 85,983
Additions 60,038
At 30 September 2024 146,021
DEPRECIATION
At 1 October 2023 24,124
Charge for year 16,834
At 30 September 2024 40,958
NET BOOK VALUE
At 30 September 2024 105,063
At 30 September 2023 61,859

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 67,408 41,858
Other debtors 6,431 6,505
73,839 48,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 67,901 22,349
Hire purchase contracts 20,283 -
Trade creditors 86,560 11,123
Taxation and social security 114,070 77,231
Other creditors 12,230 35,617
301,044 146,320

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The overdrawn directors loan accounts were repaid within 9 months of the company's year end.