Company Registration No. 12309519 (England and Wales)
THELITTLELOOP LIMITED
Unaudited accounts
for the year ended 30 September 2024
THELITTLELOOP LIMITED
Unaudited accounts
Contents
THELITTLELOOP LIMITED
Company Information
for the year ended 30 September 2024
Director
Mrs Charlotte Elizabeth Morley
Company Number
12309519 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
ENGLAND
Accountants
Seed Accounting Solutions
85 Great Portland Street
First Floor
London
W1W 7LT
THELITTLELOOP LIMITED
Statement of financial position
as at 30 September 2024
Intangible assets
43,883
34,092
Tangible assets
6,821
6,064
Cash at bank and in hand
27,649
37,631
Creditors: amounts falling due within one year
(420,608)
(308,435)
Net current liabilities
(352,100)
(265,053)
Net liabilities
(301,396)
(224,897)
Called up share capital
151
139,797
Share premium
421,894
140,700
Profit and loss account
(723,441)
(505,394)
Shareholders' funds
(301,396)
(224,897)
For the year ending 30 September 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 7 May 2025 and were signed on its behalf by
Mrs Charlotte Elizabeth Morley
Director
Company Registration No. 12309519
THELITTLELOOP LIMITED
Notes to the Accounts
for the year ended 30 September 2024
THELITTLELOOP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12309519. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
Straight Line @25%
Fixtures & fittings
Straight Line @ 33.33% - Office equipment, 5yrs on RBM - Packaging Equipment
Computer equipment
Straight Line @ 33.33%
The company reports net liabilities at the balance sheet date. Company liabilities were satisfied by the director after the year end. The director expects the company to trade profitably in the future, and to be able to meet its liabilities from cash flow arising from normal operating activities. Accordingly, the director considers it appropriate to prepare these accounts on the going concern basis.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. this expenditure is capitalised to acknowledge the asset.
Website Cost - Straight line over 10Yrs.
THELITTLELOOP LIMITED
Notes to the Accounts
for the year ended 30 September 2024
4
Intangible fixed assets
Other
At 30 September 2024
48,375
At 30 September 2024
4,492
At 30 September 2024
43,883
At 30 September 2023
34,092
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
3,098
3,493
1,984
8,575
Additions
2,331
379
274
2,984
At 30 September 2024
5,429
3,872
2,258
11,559
At 1 October 2023
363
1,305
843
2,511
Charge for the year
872
688
667
2,227
At 30 September 2024
1,235
1,993
1,510
4,738
At 30 September 2024
4,194
1,879
748
6,821
At 30 September 2023
2,735
2,188
1,141
6,064
Amounts falling due within one year
Accrued income and prepayments
6,142
-
THELITTLELOOP LIMITED
Notes to the Accounts
for the year ended 30 September 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,748
12,702
Taxes and social security
3,760
2,758
Other creditors
19,381
1,307
Loans from directors
369,174
290,133
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).