The Little Butterfly Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10508644 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE LITTLE BUTTERFLY COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L G Stolzenberg

J P Stolzenberg

J Smedley

REGISTERED OFFICE:

1 St. James Court

Whitefriars

Norwich

Norfolk

NR3 1RU

REGISTERED NUMBER:

10508644 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

CURRENT ASSETS

Debtors

4

4,636

17,884

Investments

5

4,699,563

4,391,103

Cash at bank

6,797

4,195

4,710,996

4,413,182

CREDITORS

Amounts falling due within one year

6

248,078

248,077

NET CURRENT ASSETS

4,462,918

4,165,105

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,462,918

4,165,105

CREDITORS

Amounts falling due after more than one
year

7

3,000,000

NET ASSETS

1,462,918

1,165,105

CAPITAL AND RESERVES

Called up share capital

8

1,081,251

Retained earnings

9

381,667

83,854

1,462,918

1,165,105

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

J Smedley - Director

1.	STATUTORY INFORMATION

The Little Butterfly Company 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.

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 as modified by the revaluation of certain assets.

Financial instruments

Basic financial instruments as covered by Section 11 of FRS 102 (Section 1A) are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS 102 (Section 1A).

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.

Investments

Unlisted investments are measured at cost less impairment.

Listed investments are measured at fair value with changes in fair value recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Other debtors

4,636

17,884

5.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

Listed investments

4,013,532

3,694,236

Unlisted investments

686,031

696,867

4,699,563

4,391,103

Listed investments relates to assets held in a managed portfolio of which £241,542 (2024: £263,513) is held as cash and £3,771,991 (2024: £3,430,723) in a range of investments. During the year there was a revaluation gain of £303,051 (2024: £277,089) which has been charged to the profit and loss account and included in the previously stated fund values.

Unlisted investments of which £320,000 (2024: £320,000) relate to tangible assets as an investment and £366,031 (2024: £376,867) in private equity investments. During the year there was a revaluation loss of £10,836 (2024: gain £5,485).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Other creditors & accruals

248,078

248,077

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Other creditors

3,000,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class

Nominal Value

31.12.25

31.12.24

£

1

Ordinary Type A

£1

1

250,000

Ordinary Type B

£1

500,000

250,000

Ordinary Type C

£1

500,000

81,250

Ordinary Type D

£1

81,250

1,081,251

9.

RESERVES

Retained

earnings

£

At 1 January 2025

83,854

Profit for the year

297,813

At 31 December 2025

381,667

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

L M Stolzenberg and J P Stolzenberg have loans to the company of £1,500,000 each (2024: £1,500,000 each). These loans are interest free.

11.	SECURED DEBTS

During the financial year 2020 the company created a fixed and floating charge over its assets and a negative pledge all in favour of Credit Suisse.

Additionally, during the financial year 2025 the company created a fixed charge over its assets and a negative pledge all in favour of UBS.