Llann Investment Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 08244347

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,307		4,134
Investment Properties	5		2,390,402		2,390,402

			2,393,709		2,394,536
CURRENT ASSETS
Cash at bank and in hand		10,613		578

		10,613		578
Creditors: Amounts Falling Due Within One Year	6	(672,981 )		(684,568 )

NET CURRENT ASSETS (LIABILITIES)			(662,368 )		(683,990 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,731,341		1,710,546

Creditors: Amounts Falling Due After More Than One Year	7		(1,615,278 )		(1,622,418 )

NET ASSETS			116,063		88,128

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			116,061		88,126

SHAREHOLDERS' FUNDS			116,063		88,128

For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Newman Ogbebor

Director

30 October 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Llann Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08244347 . The registered office is 24 Woodfield Avenue, Wembley, HA0 3NR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% Reducing balance
Fixtures & Fittings	20% Reducing balance
Computer Equipment	20% Reducing balance

2.4. Investment Properties

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.5. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.6. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.7. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

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Llann Investment Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2023	24,579	1,188	948	26,715

As at 31 October 2024	24,579	1,188	948	26,715

Depreciation
As at 1 November 2023	21,283	1,108	190	22,581
Provided during the period	660	16	151	827

As at 31 October 2024	21,943	1,124	341	23,408

Net Book Value
As at 31 October 2024	2,636	64	607	3,307

As at 1 November 2023	3,296	80	758	4,134

5. Investment Property

	2024
	£
Fair Value
As at 1 November 2023 and 31 October 2024	2,390,402

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	19,741	8,621
Accruals and deferred income	4,073	3,639
Director's loan account	649,167	672,308

	672,981	684,568

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	1,615,278	1,622,418

Bank Loans are secured by first legal charge over the investment propreties held by the

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

9. Other information

LLANN INVESTMENT LTD is a private company limited by shares and incorporated in England. Its registered office is:

24 Woodfield Avenue,

Wembley

Middlesex

HA0 3NR

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