REGISTERED NUMBER: 08029482 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Little Shop Of Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K McLaren

S L McLaren

REGISTERED OFFICE:

Osborne House

143 - 145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

08029482 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,836

2,447

1,836

2,447

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

6

1,595

4,126

Cash at bank

61,628

128,471

71,223

140,597

CREDITORS

Amounts falling due within one year

7

62,264

110,139

NET CURRENT ASSETS

8,959

30,458

TOTAL ASSETS LESS CURRENT LIABILITIES

10,795

32,905

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8

10,595

32,705

SHAREHOLDERS' FUNDS

10,795

32,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

Mrs K McLaren - Director

S L McLaren - Director

1.	STATUTORY INFORMATION

Little Shop Of Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

and 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,505

11,833

13,338

DEPRECIATION

At 1 April 2024

1,420

9,471

10,891

Charge for year

21

590

611

At 31 March 2025

1,441

10,061

11,502

NET BOOK VALUE

At 31 March 2025

64

1,772

1,836

At 31 March 2024

85

2,362

2,447

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

1,595

3,010

Other debtors

-

1,116

1,595

4,126

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

11,980

20,858

Trade creditors

(1

)

22,430

Taxation and social security

702

-

Other creditors

49,583

66,851

62,264

110,139

8.

RESERVES

Retained

earnings

£

At 1 April 2024

32,705

Deficit for the year

(22,110

)

At 31 March 2025

10,595

9.	RELATED PARTY DISCLOSURES

At the year end there were the following loan balances outstanding due to the directors:

Mrs K Mclaren £26,795 ( 2024 £35,980 )

Mr SL Mclaren £20,522 ( 2004 £28,186 )

These loans are included in other creditors as shown in note 8.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K McLaren.