REGISTERED NUMBER: 13308332 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Little Acorns Clothing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms SK Bason

SECRETARY:

Ms SK Bason

REGISTERED OFFICE:

16-18 Station Road

Chapeltown

Sheffield

South Yorkshire

S35 2XH

REGISTERED NUMBER:

13308332 (England and Wales)

ACCOUNTANTS:

Lishmans LLP

16-18 Station Road

Chapeltown

Sheffield

South Yorkshire

S35 2XH

FIXED ASSETS

Intangible assets

4

16,758

19,551

Tangible assets

5

7,041

11,233

23,799

30,784

CURRENT ASSETS

Stocks

891

1,256

Debtors

6

45,862

21,849

Cash at bank

2,128

6,075

48,881

29,180

CREDITORS

Amounts falling due within one year

7

69,004

61,878

NET CURRENT LIABILITIES

(20,123

)

(32,698

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,676

(1,914

)

CREDITORS

Amounts falling due after more than one year

8

(1,576

)

(3,854

)

PROVISIONS FOR LIABILITIES

9

(1,338

)

(2,134

)

NET ASSETS/(LIABILITIES)

762

(7,902

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

662

(8,002

)

SHAREHOLDERS' FUNDS

762

(7,902

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 19 August 2025 and were signed by:

Ms SK Bason - Director

1.	STATUTORY INFORMATION

Little Acorns Clothing Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% Reducing Balance

Fixtures and fittings

-

20% Reducing Balance

Computer equipment

-

20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

27,930

AMORTISATION

At 1 May 2024

8,379

Charge for year

2,793

At 30 April 2025

11,172

NET BOOK VALUE

At 30 April 2025

16,758

At 30 April 2024

19,551

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

23,853

DEPRECIATION

At 1 May 2024

12,620

Charge for year

4,192

At 30 April 2025

16,812

NET BOOK VALUE

At 30 April 2025

7,041

At 30 April 2024

11,233

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

45,353

21,349

Other debtors

509

500

45,862

21,849

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,941

2,941

Trade creditors

-

2,627

Other creditors

66,063

56,310

69,004

61,878

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,576

3,854

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,338

2,134

Deferred

tax

£

Balance at 1 May 2024

2,134

Provided during year

(796

)

Balance at 30 April 2025

1,338