Little Tolly Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05461224

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		95,000		95,000

			95,000		95,000
CURRENT ASSETS
Debtors	5	322		775
Cash at bank and in hand		18,260		15,628

		18,582		16,403
Creditors: Amounts Falling Due Within One Year	6	(1,445 )		(1,590 )

NET CURRENT ASSETS (LIABILITIES)			17,137		14,813

TOTAL ASSETS LESS CURRENT LIABILITIES			112,137		109,813

Creditors: Amounts Falling Due After More Than One Year	7		(4,099 )		(2,921 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(15,300 )		(15,300 )

NET ASSETS			92,738		91,592

CAPITAL AND RESERVES
Called up share capital	8		200		200
Profit and Loss Account			92,538		91,392

SHAREHOLDERS' FUNDS			92,738		91,592

Page 1

Page 2

Little Tolly Properties Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Carole Armstrong

Director

24 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Little Tolly Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05461224 . The registered office is 59 North Bar Within, Beverley, East Yorkshire, HU17 8DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention, modified to include the revaluation of investment property, and in accordance with the FRS 102 Section 1A Small Entities and the Companies Act 2006.

2.2. Turnover

Turnover represents the amounts derived from the provision of services to customers during the year and includes rental income.

2.3. Investment Properties

Investment properties are carried at fair value, determined annually, and any changes in fair value are recognised in the profit and loss account. No depreciation is provided in respect of investment properties.

2.4. Taxation

Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	3	3

	3	3

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	95,000

The value of investment property noted above represents fair value; the historic cost of investment property was £14,466 (2023 - £14,466).

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	322	775

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Taxation and social security	725	870
Other creditors	720	720

	1,445	1,590

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Little Tolly Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other loans	4,099	2,921

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	200	200