IRIS Accounts Production v25.4.12.37 08355444 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 0.01 B Investment 0.01 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08355444 2024-03-31 08355444 2025-03-31 08355444 2024-04-01 2025-03-31 08355444 2023-03-31 08355444 2023-04-01 2024-03-31 08355444 2024-03-31 08355444 ns15:EnglandWales 2024-04-01 2025-03-31 08355444 ns14:PoundSterling 2024-04-01 2025-03-31 08355444 ns10:Director1 2024-04-01 2025-03-31 08355444 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08355444 ns10:SmallEntities 2024-04-01 2025-03-31 08355444 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08355444 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 08355444 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08355444 ns10:FullAccounts 2024-04-01 2025-03-31 08355444 1 2024-04-01 2025-03-31 08355444 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 08355444 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 08355444 ns10:Director2 2024-04-01 2025-03-31 08355444 ns10:RegisteredOffice 2024-04-01 2025-03-31 08355444 ns5:CurrentFinancialInstruments 2025-03-31 08355444 ns5:CurrentFinancialInstruments 2024-03-31 08355444 ns5:Non-currentFinancialInstruments 2025-03-31 08355444 ns5:Non-currentFinancialInstruments 2024-03-31 08355444 ns5:ShareCapital 2025-03-31 08355444 ns5:ShareCapital 2024-03-31 08355444 ns5:SharePremium 2025-03-31 08355444 ns5:SharePremium 2024-03-31 08355444 ns5:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 08355444 ns5:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 08355444 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 08355444 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 08355444 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 08355444 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-04-01 2025-03-31 08355444 ns5:PlantMachinery 2024-04-01 2025-03-31 08355444 ns5:FurnitureFittings 2024-04-01 2025-03-31 08355444 ns5:ComputerEquipment 2024-04-01 2025-03-31 08355444 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 08355444 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 08355444 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 08355444 ns5:PlantMachinery 2024-03-31 08355444 ns5:FurnitureFittings 2024-03-31 08355444 ns5:ComputerEquipment 2024-03-31 08355444 ns5:PlantMachinery 2025-03-31 08355444 ns5:FurnitureFittings 2025-03-31 08355444 ns5:ComputerEquipment 2025-03-31 08355444 ns5:PlantMachinery 2024-03-31 08355444 ns5:FurnitureFittings 2024-03-31 08355444 ns5:ComputerEquipment 2024-03-31 08355444 ns5:CostValuation 2024-03-31 08355444 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 08355444 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 08355444 ns5:Non-currentFinancialInstruments 2024-04-01 2025-03-31 08355444 ns5:WithinOneYear 2025-03-31 08355444 ns5:WithinOneYear 2024-03-31 08355444 ns5:BetweenOneFiveYears 2025-03-31 08355444 ns5:BetweenOneFiveYears 2024-03-31 08355444 ns5:AllPeriods 2025-03-31 08355444 ns5:AllPeriods 2024-03-31 08355444 ns10:OrdinaryShareClass1 2025-03-31 08355444 ns10:OrdinaryShareClass2 2025-03-31

REGISTERED NUMBER: 08355444 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| L'ESTRANGE LONDON LIMITED |

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| L'ESTRANGE LONDON LIMITED |

Company Information

for the year ended 31 March 2025

| Directors: | W J L Green

| T C Horne

| Registered office: | Building 423 - Sky View (Ro)

| Argosy Road

| Castle Donington

| East Midlands Airport

| Derbyshire

| DE74 2SA

| Registered number: | 08355444 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | 15,110 |  | 21,648 |  |

Tangible assets | 5 | 33,955 |  | 76,843 |  |

Investments | 6 | 106 |  | 106 |  |

49,171 |  | 98,597 |  |

Current assets

Stocks | 1,359,231 |  | 1,490,173 |  |

Debtors | 7 | 140,083 |  | 201,598 |  |

Cash at bank and in hand | 62,734 |  | 220,364 |  |

1,562,048 |  | 1,912,135 |  |

Creditors

Amounts falling due within one year | 8 | 1,413,378 |  | 1,919,771 |  |

Net current assets/(liabilities) | 148,670 |  | (7,636 | ) |

Total assets less current liabilities | 197,841 |  | 90,961 |  |

Creditors

Amounts falling due after more than one year | 9 | 69,613 |  | 543,951 |  |

Net assets/(liabilities) | 128,228 |  | (452,990 | ) |

Capital and reserves

Called up share capital | 11 | 225 |  | 189 |  |

Share premium | 5,771,534 |  | 4,091,347 |  |

Other reserves | 16,443 |  | 26,391 |  |

Retained earnings | (5,659,974 | ) | (4,570,917 | ) |

Shareholders' funds | 128,228 |  | (452,990 | ) |

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.

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Balance Sheet - continued

31 March 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by:

W J L Green - Director

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | Statutory information

| L'estrange London 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.

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

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.

| Going concern

| The financial statements have been prepared on the going concern basis. The company incurred losses during the year, however the directors believe that the company has sufficient financial resources to be able to meet its obligations, if and when, they become due, and that the company can continue in operational existence for a period of at least 12 months from the statement of financial position date. On this basis, the directors are of the opinion that they should continue to adopt the going concern basis in preparing the annual financial statements.

| Turnover

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

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of five years.

| Tangible fixed assets

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

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 33% on cost

| Computer equipment | - | 33% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

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

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | Accounting policies - continued

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Share based payments

| The company operates an equity-settled compensation plan. The fair value of the services received in exchange for the grant of the options is recognised as an expense in the income statement. The total amount to be expensed over the vesting period is determined by reference to the fair value of the options granted, excluding the impact of any non-market vesting conditions (for example, profitability and sales growth targets). Non-market vesting conditions are included in assumptions about the number of options that are expected to vest. At each statement of position date, the entity revises its estimates of the number of options that are expected to vest. It recognises the impact of the revision to original estimates, if any, in the income statement. The credit entry is taken to reserves because the share options are equity-settled.

3. | Employees and directors

| The average number of employees during the year was 24 (2024 - 25 ) .

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

4. | Intangible fixed assets

Patents and |

licences |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 36,915 |  |

| Amortisation

| At 1 April 2024 | 15,267 |  |

| Amortisation for year | 6,538 |  |

| At 31 March 2025 | 21,805 |  |

| Net book value

| At 31 March 2025 | 15,110 |  |

| At 31 March 2024 | 21,648 |  |

5. | Tangible fixed assets

Fixtures |

Plant and | and | Computer |

machinery | fittings | equipment | Totals |

| £ | £ | £ | £

| Cost

| At 1 April 2024 | 1,108 |  | 158,076 |  | 16,284 |  | 175,468 |  |

| Additions | - |  | 866 |  | 818 |  | 1,684 |  |

| Disposals | - |  | - |  | (1,333 | ) | (1,333 | ) |

| At 31 March 2025 | 1,108 |  | 158,942 |  | 15,769 |  | 175,819 |  |

| Depreciation

| At 1 April 2024 | 601 |  | 83,256 |  | 14,768 |  | 98,625 |  |

| Charge for year | 277 |  | 42,656 |  | 764 |  | 43,697 |  |

| Eliminated on disposal | - |  | - |  | (458 | ) | (458 | ) |

| At 31 March 2025 | 878 |  | 125,912 |  | 15,074 |  | 141,864 |  |

| Net book value

| At 31 March 2025 | 230 |  | 33,030 |  | 695 |  | 33,955 |  |

| At 31 March 2024 | 507 |  | 74,820 |  | 1,516 |  | 76,843 |  |

6. | Fixed asset investments

Shares in |

group |

undertakings |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 106 |  |

| Net book value

| At 31 March 2025 | 106 |  |

| At 31 March 2024 | 106 |  |

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

7. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | - |  | 19,986 |  |

| Other debtors | 140,083 |  | 181,612 |  |

140,083 |  | 201,598 |  |

8. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 10,000 |  | 13,308 |  |

| Trade creditors | 354,057 |  | 318,863 |  |

| Amounts owed to group undertakings | 384,032 |  | 199,629 |  |

| Taxation and social security | 194,019 |  | 174,056 |  |

| Other creditors | 471,270 |  | 1,213,915 |  |

1,413,378 |  | 1,919,771 |  |

9. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans | 45,680 |  | 505,598 |  |

| Other creditors | 23,933 |  | 38,353 |  |

69,613 |  | 543,951 |  |

| Included in other creditors is a loan of £2,211 (2024: £12,483) secured by the UK government under the coronavirus business support scheme.

10. | Leasing agreements

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

| £ | £

| Within one year | 133,143 |  | 5,676 |  |

| Between one and five years | 135,000 |  | - |  |

268,143 |  | 5,676 |  |

11. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 22,113,762 | Ordinary | £0.00001 | 221 |  | 185 |  |

| 382,469 | B Investment | £0.00001 | 4 |  | 4 |  |

225 |  | 189 |  |

| 3,585,130 Ordinary A shares of £0.00001 each were allotted and fully paid for cash at premium of £1,680,187 during the period.

L'ESTRANGE LONDON LIMITED (REGISTERED NUMBER: 08355444) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

12. | Share-based payment transactions

| The company operates an EMI qualifying share option scheme. As at the date of the Statement of Financial Position, the company had granted 1,008,265 (2024: 1,008,265) qualifying share options with an average exercise price of £0.20 (2024: £0.20) per share.

| A share based payment charge of £5,312 has been charged through the profit and loss account (2024: £26,391).

| Share options vest over a period of no more than 4 years.