Registration number: 07676971

Little Learning Ladder Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Little Learning Ladder Limited

(Registration number: 07676971)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	300,838	301,501
Current assets
Debtors	5	492,251	270,649
Cash at bank and in hand		283,813	102,392
		776,064	373,041
Creditors: Amounts falling due within one year	6	(224,424)	(197,184)
Net current assets		551,640	175,857
Total assets less current liabilities		852,478	477,358
Creditors: Amounts falling due after more than one year	6	(74,090)	-
Net assets		778,388	477,358
Capital and reserves
Called up share capital		103	103
Retained earnings		778,285	477,255
Shareholders' funds		778,388	477,358

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 March 2026 and signed on its behalf by:
 

......................................... J K Little Director

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	over the 10 year lease term
Motor vehicles	25% reducing balance
Plant and equipment	25% reducing balance
Computer equipment	25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 32 (2024 - 31).

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Land and buildings £	Plant and machinery etc £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2024	372,886	9,350	2,000	384,236
At 30 September 2025	372,886	9,350	2,000	384,236
Depreciation
At 1 October 2024	72,037	8,817	1,881	82,735
Charge for the year	500	133	30	663
At 30 September 2025	72,537	8,950	1,911	83,398
Net book value
At 30 September 2025	300,349	400	89	300,838
At 30 September 2024	300,849	533	119	301,501

5

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties	8	476,121	260,649
Other debtors		14,530	10,000
Prepayments		1,600	-
		492,251	270,649

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6

Creditors

Amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	23,917	-
Trade creditors		-	12,000
Taxation and social security		107,029	45,248
Accruals and deferred income		5,040	18,247
Other creditors		10,402	5,348
Loan from director		78,036	116,341
		224,424	197,184

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	74,090	-

Current loans and borrowings

	2025 £	2024 £
Other borrowings	23,917	-

8	Related party transactions

Summary of transactions with all entities with joint control or significant interest

Loans to related parties

2025	Entities with joint control £	Total £
At start of period	260,649	260,649
Advanced	215,472	215,472
At end of period	476,121	476,121

Little Learning Ladder Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

2024	Entities with joint control or significant influence £	Total £
Advanced	260,649	260,649
At end of period	260,649	260,649