ACCOUNTS - Final Accounts

Registered number: 15300769

LILLEBUS LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

LILLEBUS LTD

REGISTERED NUMBER: 15300769

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2025

		2025
Note		£

Fixed assets
Tangible assets	4		13,313
			13,313
Current assets
Debtors: amounts falling due within one year	5	47,985
Cash at bank and in hand	6	38,103
		86,088
Creditors: amounts falling due within one year	7	(456,435)
Net current (liabilities)/assets			(370,347)

Net (liabilities)/assets			(357,034)

Capital and reserves
Called up share capital	8	1
Profit and loss account		(357,035)
		(357,034)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 October 2025.

D W Curran

Director

The notes on pages 3 to 6 form part of these financial statements.

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LILLEBUS LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 JANUARY 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£

Loss for the period	-	(357,035)	(357,035)
Shares issued during the period	1	-	1
At 31 January 2025	1	(357,035)	(357,034)

The notes on pages 3 to 6 form part of these financial statements.

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LILLEBUS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

1.	General information

Lillebus Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Leytonstone House 3 Hanbury Drive, Leytonstone, London, E11 1GA.
The company was incorporated on 21 November 2023. The financial statements represent the period from incorporation to 31 January 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going Concern

The directors have considered internal forecasts and working capital requirements and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future based on support from the group. On this basis the directors consider that the going concern basis of accounting remains appropriate.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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LILLEBUS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery

25%

Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 8.

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LILLEBUS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	Additions	14,307
	At 31 January 2025	14,307
	Depreciation
	Charge for the period on owned assets	994
	At 31 January 2025	994
	Net book value
	At 31 January 2025	13,313

Debtors

					2025
					£


	Other debtors	47,985
		47,985

6.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	38,103
		38,103

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LILLEBUS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

7.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	2,747
	Amounts owed to group undertakings	302,684
	Other creditors	151,004
		456,435

8.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

On incorporation 1 Ordinary £1 share was issued at par.

Reserves

Profit and loss account

The Profit and Loss account consists of distributable reserves arising from cumulative historical profits and losses net of dividends and other adjustments.

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £430. Contributions totalling £1,004 were payable to the fund at the reporting date and are included in creditors.

11.	Related party transactions
	Included within other creditors is an amount of £150,000 due to a director of the company. Included within creditors is an amount of £302,684 due to group companies.

12.	Controlling party

Lillebus Holdings Limited is the company's ultimate parent undertaking at the year end.
Mr D W Curran is considered to be the ultimate controlling party.

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