Registration number: 07821512

Littens Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Littens Ltd

(Registration number: 07821512)
Balance Sheet as at 30 October 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	7,415	9,878
Current assets
Stocks	5	40,293	240,000
Debtors	6	29,542	688,637
Cash at bank and in hand		118,282	3,423
		188,117	932,060
Creditors: Amounts falling due within one year	7	(351,850)	(516,896)
Net current (liabilities)/assets		(163,733)	415,164
Total assets less current liabilities		(156,318)	425,042
Creditors: Amounts falling due after more than one year	7	(7,835)	-
Provisions for liabilities		(1,854)	-
Net (liabilities)/assets		(166,007)	425,042
Capital and reserves
Called up share capital		100	100
Retained earnings		(166,107)	424,942
Shareholders' (deficit)/funds		(166,007)	425,042

Littens Ltd

(Registration number: 07821512)
Balance Sheet as at 30 October 2024

For the financial period ending 30 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 October 2025
 

......................................... Mr N Ahmad Director

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Asia Mill
Bradford Road
Bolton
BL3 2HE

These financial statements were authorised for issue by the director on 29 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has a good working relationship with its creditors and received assurances from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis. However, should the financial support mentioned above not be forthcoming the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% Straight line
Fixtures and fittings	25% Straight line
Office equipment	15% Straight line

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 5 (2023 - 5).

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2023	916	1,817	12,703	15,436
At 30 October 2024	916	1,817	12,703	15,436
Depreciation
At 1 November 2023	11	1,489	4,058	5,558
Charge for the period	230	328	1,905	2,463
At 30 October 2024	241	1,817	5,963	8,021
Carrying amount
At 30 October 2024	675	-	6,740	7,415
At 31 October 2023	905	328	8,645	9,878

5

Stocks

	2024 £	2023 £
Other inventories	40,293	240,000

6

Debtors

Current	Note	2024 £	2023 £
Trade debtors		28,003	101,869
Amounts owed by related parties		-	370
Other debtors		1,539	586,398
		29,542	688,637

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	10,334	110,448
Trade creditors		122,046	255,017
Taxation and social security		110,394	47,969
Accruals and deferred income		4,573	-
Other creditors		104,503	103,462
		351,850	516,896

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	8	7,835	-

8	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	7,835	-

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	10,334	30,166
Bank overdrafts	-	80,282
	10,334	110,448

Littens Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 30 October 2024

9

Dividends

During the year the company paid a dividend of £20,000 to its parent company. Subsequent adjustments to the carrying value of related company balances have resulted in the company reporting negative retained earnings at the balance sheet date. As a consequence, the dividend may not have been fully supported by realised profits as defined under Part 23 of the Companies Act 2006.
The directors acknowledge this position and confirm that, should it be determined that the dividend was made otherwise than out of distributable profits, appropriate steps will be taken in accordance with the Companies Act 2006, which may include recovery of the amount from the recipient.