Company registration number: 11606261
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
L1 STYLES OLD SWAN LIMITED
Pages for filing with the Registrar
Company registration number: 11606261
L1 STYLES OLD SWAN LIMITED
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 10,009 11,188
10,009 11,188
Current assets
Debtors 723 476
Cash at bank and in hand 4,355 3,704
5,078 4,180
Creditors: amounts falling due within one year
(4,495) (1,839)
Net current assets 583 2,341
Total assets less current liabilities 10,592 13,529
Creditors: Amounts falling due after more than one year
(42,920) (45,025)
NET LIABILITIES (32,328) (31,496)
Capital and reserves
Profit and loss account (32,328) (31,496)
TOTAL EQUITY (32,328) (31,496)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11606261
L1 STYLES OLD SWAN LIMITED
Balance sheet - continued
as at 31 October 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 to the Registrar.
Signed by:
Mr E URUS, Director
6 July 2026
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L1 STYLES OLD SWAN LIMITED
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
L1 STYLES OLD SWAN LIMITED is a private company registered in England and Wales. Its registered number is 11606261. The company is limited by shares. Its registered office is C/o Masri & Co Accountants, 3rd Floor, Liverpool, Merseyside, L2 6PX.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant & Machinery - 15% reducing balance
Fixtures & Fittings - 10% reducing balance
3 Average number of employees
During the year the average number of employees was Nil (2024 - 2).
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L1 STYLES OLD SWAN LIMITED
Notes to the financial statements - continued
for the year ended 31 October 2025
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 November 2024 19,454
At 31 October 2025 19,454
Depreciation
At 1 November 2024 8,266
Charge for year 1,179
At 31 October 2025 9,445
Net book value
At 31 October 2025 10,009
At 31 October 2024 11,188
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