| Registered Number:09906493 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
L1 STYLES LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
L1 STYLES LIMITED
Statement of Financial Position
2023
2024
| Property, plant and equipment |
10,589
11,655
2
10,589
11,655
| Trade and other receivables |
74,398
76,783
3
7,945
| Cash and cash equivalents |
7,931
84,714
82,343
| Trade and other payables: amounts falling due within one |
| year |
(26,157)
(28,994)
4
56,186
55,720
Net current assets
| Total assets less current liabilities |
66,309
67,841
| Trade and other payables: amounts falling due after more |
| than one year |
(22,200)
(14,815)
5
51,494
Net assets
45,641
51,494
45,641
51,494
45,641
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 23 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
L1 STYLES LIMITED
Notes to the Financial Statements
Statutory Information
| L1 STYLES LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 09906493. |
15 RICHMOND STREET
LIVERPOOL
MERSEYSIDE
L1 1EE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
| 2. Property, plant and equipment |
18,986
879
10,858
7,249
411
-
-
411
7,660
10,858
879
19,397
| Provision for depreciation and impairment |
7,331
489
4,193
2,649
Charge for year
1,477
58
667
752
8,808
547
4,860
3,401
4,259
5,998
332
10,589
4,600
6,665
390
11,655
| 3. Trade and other receivables |
2023
2024
76,783
74,398
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For the year ended 31 December 2024
L1 STYLES LIMITED
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
-
1
| Taxation and social security |
11,435
11,259
17,559
14,897
28,994
26,157
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
| Bank loans and overdraft (secured) |
14,815
22,200
| 6. Average number of persons employed |
During the year the average number of employees was 0
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