Company No: 13560446 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	1,149,800		1,149,800
Investments	4	301		301
		1,150,101		1,150,101
Current assets
Debtors	5	1,942,985		1,759,721
Cash at bank and in hand		4,965		222,532
		1,947,950		1,982,253
Creditors: amounts falling due within one year	6	( 45,066)		( 24,741)
Net current assets		1,902,884		1,957,512
Total assets less current liabilities		3,052,985		3,107,613
Creditors: amounts falling due after more than one year	7	( 565,833)		( 635,833)
Net assets		2,487,152		2,471,780
Capital and reserves
Called-up share capital		203		203
Profit and loss account		2,486,949		2,471,577
Total shareholders' funds		2,487,152		2,471,780

For the financial year ending 31 October 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Lliwetto Holdings Ltd (registered number: 13560446) were approved and authorised for issue by the Board of Directors on 28 July 2026. They were signed on its behalf by:

J R Ottewill Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Lliwetto Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 1 - 4 St Patrick's Industrial Estate, Shillingstone, Dorset, DT11 0SA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Investment property

	Investment property
	£
Valuation
As at 01 November 2024	1,149,800
As at 31 October 2025	1,149,800

The investment properties class of fixed asset were adjusted on 31 October 2025 to fair value by the director who is internal to the company. The basis of this valuation was open market value.

There has been no valuation of investment property by an independent valuer.

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 November 2024	301		301
At 31 October 2025	301		301
Carrying value at 31 October 2025	301		301
Carrying value at 31 October 2024	301		301

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	1,353,080		1,230,865
Amounts owed by directors	98,122		49,416
Prepayments	0		2,461
Other debtors	491,783		476,979
	1,942,985		1,759,721

Amounts owed by Group undertakings do not bear interest.

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	2,340		2,685
Accruals	2,280		3,484
Corporation tax	40,346		18,472
Other creditors	100		100
	45,066		24,741

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	565,833		635,833

Bank loans are secured with a fixed and floating charge against the company's assets.

8. Related party transactions

Transactions with the entity's directors

At 01 November 2024 the balance owed from the directors was £49,416. During the year, the company made advances to directors amounting to £178,191 and received repayments of £129,485 leaving a balance due from the directors of £98,122.

At 01 November 2023 the balance owed from the directors was £264,910. During the year, the company made advances to directors amounting to £679,104 and received repayments of £894,598 leaving a balance due from the directors of £49,416.

The Directors loan accounts) are repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.