Company No: 06173240 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	S V Cordall
	C R Simmons

SECRETARY

C R Simmons

REGISTERED OFFICE	Brockbourne House
	77 Mount Ephraim
	Tunbridge Wells
	Kent
	TN4 8BS
	United Kingdom

COMPANY NUMBER

06173240 (England and Wales)

ACCOUNTANT	S&W Partners (South East) Limited
	Brockbourne House
	77 Mount Ephraim
	Royal Tunbridge Wells
	TN4 8BS

	Note	2024		2023
		£		£
Current assets
Debtors	4	2,500		7,942
Cash at bank and in hand	5	1,128		8,535
		3,628		16,477
Creditors: amounts falling due within one year	6	( 170,119)		( 164,839)
Net current liabilities		(166,491)		(148,362)
Total assets less current liabilities		(166,491)		(148,362)
Creditors: amounts falling due after more than one year	7	( 5,544)		( 14,862)
Net liabilities		( 172,035)		( 163,224)
Capital and reserves
Called-up share capital		2		2
Profit and loss account		( 172,037 )		( 163,226 )
Total shareholder's deficit		( 172,035)		( 163,224)

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Little Finland Limited (registered number: 06173240) were approved and authorised for issue by the Board of Directors on 06 October 2025. They were signed on its behalf by:

C R Simmons Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Little Finland Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Brockbourne House, 77 Mount Ephraim, Tunbridge Wells, Kent, TN4 8BS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The functional currency of Little Finland Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The Company has secured a bank overdraft facility in order to finance its current working capital requirements. The bank overdraft facility is secured by fixed and floating charges over all of the assets and undertaking of Little Finland Limited. In addition, a director of the Company has provided a personal guarantee regarding the facility as detailed in note 8 of the accounts.

The directors have pledged their ongoing support for the Company and will provide the resources to ensure that the Company continues in operational existence for the foreseeable future. The financial statements have therefore been prepared on a going concern basis.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

All borrowing costs are recognised in the Statement of Income and Retained Earnings in the period in which they are incurred.

Trade and other debtors

Short term debtors are measured at the transaction price, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, repayable without penalty on notice of not more than 24 hours.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 January 2024	916		916
At 31 December 2024	916		916
Accumulated depreciation
At 01 January 2024	916		916
At 31 December 2024	916		916
Net book value
At 31 December 2024	0		0
At 31 December 2023	0		0

4. Debtors

	2024		2023
	£		£
Short term loans to associates	2,500		2,500
VAT recoverable	0		2,286
Corporation tax	0		3,156
	2,500		7,942

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	1,128		8,535

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	9,318		9,089
Amounts owed to Group undertakings	26,605		21,905
Accruals	4,951		4,600
Other creditors	129,245		129,245
	170,119		164,839

The bank loan is repayable over the course of six years at an interest rate of 2.5%. The loan is guaranteed by the UK Government under the Bounce Back Loan Scheme.

7. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	5,544		14,862

8. Related party transactions

As at the year-end, the directors were owed £129,245 (2023: £129,245) by the company. In addition, the company owed £26,606 (2023: £21,906) to companies within the group. These loans are unsecured, interest-free and repayable on demand. These loans are included within other creditors.

There is also an amount of £2,500 (2023: £2,500) owed to an LLP in which the directors are designated members.

9. Ultimate controlling party

Parent Company:

Crowhurst Park Holdings Limited

Brockbourne House, 77 Mount Ephraim, Tunbridge Wells, Kent, TN4 8BS.

The address of its principal place of business is Telham Lane, Battle, East Sussex, TN33 0SL.

The ultimate controlling parties are S V Cordall, C R Simmons and E J Simmons by virtue of their joint shareholdings.