ACCOUNTS - Final Accounts preparation

Company registration number: 11265879

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	LLEWELYN DAVIES ENTERPRISES LIMITED


LLEWELYN DAVIES ENTERPRISES LIMITED

COMPANY INFORMATION

Directors	D P Shalders
	J Shalders


Registered number	11265879


Registered office	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


LLEWELYN DAVIES ENTERPRISES LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


LLEWELYN DAVIES ENTERPRISES LIMITED REGISTERED NUMBER:11265879

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		-		5,317
Investments	5		61,586		41,235
Investment property	6		-		977,500
			61,586		1,024,052
Current assets
Debtors: amounts falling due within one year	7	542		661
Cash at bank and in hand		913,364		22,985
		913,906		23,646
Creditors: amounts falling due within one year	8	(958,595)		(960,724)
Net current liabilities			(44,689)		(937,078)
Total assets less current liabilities			16,897		86,974
Provisions for liabilities
Deferred tax		-		(15,935)
			-		(15,935)
Net assets			16,897		71,039

Capital and reserves
Allotted, called up and fully paid share capital	1,750	1,750
Profit and loss account	15,147	69,289
	16,897	71,039

Page 1


LLEWELYN DAVIES ENTERPRISES LIMITED REGISTERED NUMBER:11265879

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

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 year 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 by:

J Shalders

Director

Date: 31 October 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2


LLEWELYN DAVIES ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Llewelyn Davies Enterprises Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements. There is no principle trading address.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

At 31 March 2025 the statement of financial position reports net current liabilities of £44,689 (2024 - £937,078). The company is reliant upon the continued support of its directors who confirm their continued financial support of the company.

2.3

Revenue

Revenue consists of rental income received and 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.

The company has now sold all of its investment property and going forward will no longer receive any rental income.
The company is looking to invest the proceeds of the investment property sale into fixed asset investments and will going forward hope to receive income from the trading of those investments.

2.4

Interest income

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

2.5

Pensions

Defined contribution pension plan

The Company paid contributions into a pension fund for the Directors in the year.

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.

Page 3


LLEWELYN DAVIES ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Current and deferred taxation

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

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.7

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.

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:

Furniture, Fixtures and Fittings

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.

2.8

Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4


LLEWELYN DAVIES ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.9

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.10

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, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 -2).

4.	Tangible fixed assets

		Furniture, Fixtures and Fittings
		£

	At 1 April 2024	21,782
	Disposals	(21,782)
	At 31 March 2025	-

	At 1 April 2024	16,465
	Charge for the year	1,229
	Disposals	(17,694)
	At 31 March 2025	-
	Net book value
	At 31 March 2025	-

Page 5


LLEWELYN DAVIES ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2024	41,235
	Additions	25,012
	Revaluations	(4,661)
	At 31 March 2025	61,586

6.	Investment property

		Freehold investment property
		£

	At 1 April 2024	977,500
	Disposals	(977,500)
	At 31 March 2025	-

The 2025 valuations were made by the directors, on an open market value for existing use basis.


					2025	2024
					£	£

	Historic cost	978,766	978,766
		978,766	978,766

Debtors

					2025	2024
					£	£


Other debtors	-	148
Prepayments and accrued income	542	513
	542	661

Page 6


LLEWELYN DAVIES ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	126	-
Corporation tax	5,564	8,204
Other creditors	948,210	948,110
Accruals and deferred income	4,695	4,410
	958,595	960,724

Reserves

Profit and loss account

This reserve incudes amounts from revaluations of fixed assets.

10.	Directors transactions
	Included within other creditors are the following transactions with the directors.

		2025	2024
		£	£

Opening balance at the begining of the year	948,110	917,772
Amounts advanced	247	36,611
Amounts repaid	(948,258)	(6,273)
Closing balance at the end of the year	99	948,110

Interest of £nil (2024 – £nil) has accrued during the year in respect of this borrowing.
Interest of £nil (2024 - £31,366) has been paid to the directors during the year.

Page 7