LITTLE YELLOW DOG LTD


Director	SMITH, William Anthony Merris


Registered Address	15 Victoria Road
	Helensburgh
	G84 7RT


Registered Number	SC546621 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		169,408		77,941
			169,408		77,941
Current assets
Stocks		17,887		18,487
Debtors		33,241		27,264
Cash at bank and on hand		50,401		27,905
		101,529		73,656
Creditors amounts falling due within one year		(198,881)		(193,260)
Net current assets (liabilities)			(97,352)		(119,604)
Total assets less current liabilities			72,056		(41,663)
Creditors amounts falling due after one year			(279,297)		(275,518)
Accruals and deferred income			(400)		(850)
Net assets			(207,641)		(318,031)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(207,642)		(318,032)
Shareholders' funds			(207,641)		(318,031)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 27 November 2025, and are signed on its behalf by:

SMITH, William Anthony Merris
Director
Registered Company No. SC546621

LITTLE YELLOW DOG LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Value of improvements to property maintained, and depreciation rate adjusted in line with current value. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	5
	Plant and machinery	25
	Fixtures and fittings	20
	Vehicles	25
	Office Equipment	25

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	38		26

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	446,654
	Additions	968
	Revaluations	118,748
	At 31 March 25	447,621
	Depreciation and impairment
	At 01 April 24	368,713
	Charge for year	28,249
	At 31 March 25	278,213
	Net book value
	At 31 March 25	169,408
	At 31 March 24	77,941