Registration number: 13998448

Litty Liquor Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Litty Liquor Ltd

Company Information

Directors

R J Davies A Saliba

Registered office

8 High Street Heathfield East Sussex TN21 8LS

Accountants

Manningtons 8 High Street Heathfield East Sussex TN21 8LS

Litty Liquor Ltd

(Registration number: 13998448)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	397	530
Current assets
Stocks	5	54,155	54,155
Debtors	6	1,879	1,879
Cash at bank and in hand		10,631	10,631
		66,665	66,665
Creditors: Amounts falling due within one year	7	(90,237)	(90,238)
Net current liabilities		(23,572)	(23,573)
Net liabilities		(23,175)	(23,043)
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		(24,175)	(24,043)
Shareholders' deficit		(23,175)	(23,043)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2025 and signed on its behalf by:
 

......................................... A Saliba Director

Litty Liquor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
8 High Street
Heathfield
East Sussex
TN21 8LS
England

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.

The presentation currency of the financial statements is the Pound Sterling (£).

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% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Litty Liquor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Litty Liquor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	706	706
At 31 March 2025	706	706
Depreciation
At 1 April 2024	176	176
Charge for the year	133	133
At 31 March 2025	309	309
Carrying amount
At 31 March 2025	397	397
At 31 March 2024	530	530

5

Stocks

	2025 £	2024 £
Other inventories	54,155	54,155

6

Debtors

	2025 £	2024 £
Taxation and social security	879	879
Director loan account	1,000	1,000
	1,879	1,879

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts	8	90,238	90,238
Other creditors		(1)	-
		90,237	90,238

Litty Liquor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	90,238	90,238

9	Related party transactions

Summary of transactions with other related parties

Loans are from companies in which the Directors are also Directors:
Ardee Ltd - R Davies - 100% - £75,237.68
The Shooshh Group - A Saliba - 100% - £15,000.00
Each Director has paid £500 for 500 shares

Loans from related parties

2025	Other related parties £	Total £
At start of period	90,238	90,238
At end of period	90,238	90,238

2024	Other related parties £	Total £
At start of period	90,238	90,238
At end of period	90,238	90,238

Terms of loans from related parties

Terms of the loan are interets free.