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Registered number: 11865365
LI UK Properties LTD
Financial Statements
For The Year Ended 31 March 2025
One Plus One Ltd
34/36 Fore Street
Bovey Tracey
Devon
TQ13 9AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11865365
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,251,081 4,447,851
2,251,081 4,447,851
CURRENT ASSETS
Debtors 5 112,856 18,834
Cash at bank and in hand 10,593 64,784
123,449 83,618
Creditors: Amounts Falling Due Within One Year 6 (2,519,093 ) (2,649,896 )
NET CURRENT ASSETS (LIABILITIES) (2,395,644 ) (2,566,278 )
TOTAL ASSETS LESS CURRENT LIABILITIES (144,563 ) 1,881,573
Creditors: Amounts Falling Due After More Than One Year 7 (404,936 ) (2,188,215 )
NET LIABILITIES (549,499 ) (306,642 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (549,599 ) (306,742 )
SHAREHOLDERS' FUNDS (549,499) (306,642)
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Dandan Li
Director
16 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
LI UK Properties LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11865365 . The registered office is The Old Temperance House, 34/36 Fore Street, Bovey Tracey, Devon, TQ13 9AE.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Leasehold 1% straight line
Plant & Machinery 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2024 4,681,194 7,092 4,688,286
Disposals (2,286,809 ) - (2,286,809 )
As at 31 March 2025 2,394,385 7,092 2,401,477
Depreciation
As at 1 April 2024 234,060 6,375 240,435
Provided during the period 23,944 358 24,302
Disposals (114,341 ) - (114,341 )
As at 31 March 2025 143,663 6,733 150,396
Net Book Value
As at 31 March 2025 2,250,722 359 2,251,081
As at 1 April 2024 4,447,134 717 4,447,851
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 6,856 18,834
Other debtors 106,000 -
112,856 18,834
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) (1 )
Accruals and deferred income 1,734 2,671
Director's loan account 2,517,360 2,647,226
2,519,093 2,649,896
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 404,936 2,188,215
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4