REGISTERED NUMBER: 10198382 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

ILLI Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Thomas Martin Nelson

REGISTERED OFFICE:

108 Mere Grange

Leaside

St Helens

Merseyside

WA9 5GG

REGISTERED NUMBER:

10198382 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

2,054,647

2,105,482

CURRENT ASSETS

Stocks

675,000

-

Debtors

5

1,345,361

923,963

Cash at bank

8,614

18,071

2,028,975

942,034

CREDITORS

Amounts falling due within one year

6

2,009,474

1,123,453

NET CURRENT ASSETS/(LIABILITIES)

19,501

(181,419

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,074,148

1,924,063

CREDITORS

Amounts falling due after more than one year

7

-

41,637

NET ASSETS

2,074,148

1,882,426

CAPITAL AND RESERVES

Called up share capital

101

101

Share premium

1,000,000

1,000,000

Retained earnings

1,074,047

882,325

SHAREHOLDERS' FUNDS

2,074,148

1,882,426

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

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

The director acknowledges his 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 director and authorised for issue on 20 October 2025 and were signed by:

Mr Thomas Martin Nelson - Director

1.	STATUTORY INFORMATION

ILLI Holdings Ltd 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Motor

Computer

property

property

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

1,180,000

874,384

84,995

613

2,139,992

Disposals

-

-

(84,995

)

-

(84,995

)

At 31 May 2025

1,180,000

874,384

-

613

2,054,997

DEPRECIATION

At 1 June 2024

-

-

34,225

285

34,510

Charge for year

-

-

5,077

65

5,142

Eliminated on disposal

-

-

(39,302

)

-

(39,302

)

At 31 May 2025

-

-

-

350

350

NET BOOK VALUE

At 31 May 2025

1,180,000

874,384

-

263

2,054,647

At 31 May 2024

1,180,000

874,384

50,770

328

2,105,482

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

4,200

9,000

Other debtors

1,341,161

914,963

1,345,361

923,963

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

-

10,871

Trade creditors

1,249,834

314,592

Taxation and social security

3,025

2,795

Other creditors

756,615

795,195

2,009,474

1,123,453

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

-

41,637