Registration number: 13273995

Litton Construction Limited

(Registration number: 13273995)

Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	31,323	43,934
Current assets
Stocks		72,946	-
Debtors	4	565,452	528,799
Cash at bank and in hand		192,474	30,730
		830,872	559,529
Creditors: Amounts falling due within one year	5	(665,803)	(494,881)
Net current assets		165,069	64,648
Total assets less current liabilities		196,392	108,582
Provisions for liabilities		(7,700)	(11,000)
Net assets		188,692	97,582
Capital and reserves
Called up share capital		1	1
Retained earnings		188,691	97,581
Shareholders' funds		188,692	97,582

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 delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 9 December 2025 and signed on its behalf by:
 

.........................................

W M D Twelves

Director

Litton Construction Limited

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

1	Accounting policies

Statutory information

Litton Construction Limited is a private company, limited by shares, domiciled in England and Wales, company number 13273995. The registered office is at Offices 5-7 Lumford Mill, Riverside Business Park, Buxton Road, Bakewell, DE45 1GS.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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 is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Revenue from contracts is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

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.

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.

Litton Construction Limited

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

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	20% straight line
Fixtures and fittings	15% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 2).

3	Tangible assets

	Plant and equipment £	Fixtures and fittings £	Total £
Cost
At 1 April 2024	60,714	1,761	62,475
At 31 March 2025	60,714	1,761	62,475
Depreciation
At 1 April 2024	18,197	344	18,541
Charge for the year	12,153	458	12,611
At 31 March 2025	30,350	802	31,152
Carrying amount
At 31 March 2025	30,364	959	31,323
At 31 March 2024	42,517	1,417	43,934

Litton Construction Limited

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

4

Debtors

	2025 £	2024 £
Trade debtors	84,448	180
Amounts owed by group undertakings	377,883	107,064
Prepayments and accrued income	14,913	366,956
Other debtors	88,208	54,599
	565,452	528,799

5

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	104,373	271,147
Amounts owed to group undertakings	20,937	63,416
Taxation and social security	91,883	3,920
Accruals and deferred income	351,468	137,842
Other creditors	97,142	18,556
	665,803	494,881

6	Parent and ultimate parent undertaking

The company is a wholly owned subsidiary of Litton Holdings Limited. The ultimate parent company is Scorpio Securities Limited, a company incorporated in England and Wales.

7	Related party transactions

The company has taken advantage of the exemption under FRS102 S33.1A not to disclose transactions between group companies.