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Company Registration No. 12231479 (England and Wales)
LLS COMMERCIAL LTD
Financial Statements
for the Period from 01 October 2023 to 30 September 2024

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

1. Statutory Information
LLS COMMERCIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12231479.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS102Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Computer Equipment 20%Website 25%

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

3. Exceptional Items
Financial Income included in Interest Income for previous financial year and similar of £3,102 represents financial gain on partial loan write off. The outstanding amount of bank or vendor financing in current financial year is nil.
4. Employees
Average number of employees, including directors, during the year was as follows:
2024 0
2023 0
5. Principal Activity
The company's principal activity continues to be that of online trading.

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

6. Fixed Assets
Computer Equipment Total
Cost or valuation £ £
At 01/10/2023 9,444 9,444
Additions 698 698
At 30/09/2024 10,142 10,142
Depreciation
At 01/10/2023 3,555 3,555
Charge for the year 1,667 1,667
At 30/09/2024 5,222 5,222
Net Book Value
At 30/09/2024 4,920 4,920
At 30/09/2023 5,889 5,889

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

7. Debtors
2024 2023
£ £
Other debtors 9,287 9,326
9,287 9,326
8. Creditors: amount falling due within one year
2024 2023
£ £
Trade Creditors 323 317
Other Creditors 28,338 23,378
Accruals and deferred income 715 715
29,376 24,410

LLS COMMERCIAL LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

9. Directors advances, Credits and Guarantees
Other creditors line constitutes Directors' Loan Account. During the year, the Company received additional £4,960 director loan with no fixed date for repayment.