Company Registration No. 14130417 (England and Wales)
Lil Bill Ltd
Unaudited accounts
for the year ended 31 May 2025
Lil Bill Ltd
Unaudited accounts
Contents
Lil Bill Ltd
Company Information
for the year ended 31 May 2025
Company Number
14130417 (England and Wales)
Registered Office
7 PRINCES AVENUE
NEWCASTLE UPON TYNE
NE3 2HR
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Lil Bill Ltd
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
45,302
59,252
Creditors: amounts falling due within one year
(24,226)
(33,009)
Net current assets
21,076
26,243
Called up share capital
1
1
Profit and loss account
21,092
26,837
Shareholders' funds
21,093
26,838
For the year ending 31 May 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 October 2025 and were signed on its behalf by
C Hutchinson
Director
Company Registration No. 14130417
Lil Bill Ltd
Notes to the Accounts
for the year ended 31 May 2025
Lil Bill Ltd is a private company, limited by shares, registered in England and Wales, registration number 14130417. The registered office is 7 PRINCES AVENUE, NEWCASTLE UPON TYNE, NE3 2HR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,178
14,698
Loans from directors
10,247
15,874
Lil Bill Ltd
Notes to the Accounts
for the year ended 31 May 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).