Little Stow Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05712871

Little Stow Ltd

Filleted Unaudited Financial Statements

For the year ended

28 February 2025

Little Stow Ltd

Financial Statements

Year ended 28 February 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Little Stow Ltd

Officers and Professional Advisers

DIRECTOR	I Ezekiel

REGISTERED OFFICE	Ecen Suite 43
	Enterprise Centre, Warth Park
	Michael Way
	Raunds
	Northants
	NN9 6GR

ACCOUNTANTS	Streets
	Chartered accountants
	ECEN
	Michael Way
	Warth Park
	Northamptonshire
	NN9 6GR

Little Stow Ltd

Statement of Financial Position

28 February 2025

	2025	2024
Note	£	£

Fixed assets

Investments	4	499,210	499,150

Current assets

Debtors	5	600,440	610,000
Cash at bank and in hand		8,256	34,633
		----------	----------
		608,696	644,633

Creditors: amounts falling due within one year	6	876,750	907,210
		----------	----------
Net current liabilities		268,054	262,577
		----------	----------
Total assets less current liabilities		231,156	236,573

Creditors: amounts falling due after more than one year	7	400,632	403,054
		----------	----------
Net liabilities		( 169,476)	( 166,481)
		----------	----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 169,576)	( 166,581)
	----------	----------
Shareholders deficit	( 169,476)	( 166,481)
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Little Stow Ltd

Statement of Financial Position (continued)

28 February 2025

These financial statements were approved by the board of directors and authorised for issue on 25 November 2025 , and are signed on behalf of the board by:

I Ezekiel
Director

Company registration number: 05712871

Little Stow Ltd

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ecen Suite 43, Enterprise Centre, Warth Park, Michael Way, Raunds, Northants, NN9 6GR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

At the reporting date, the entity has net liabilities in the sum of £169,576. The company is reliant on support by directors who have directors' loans of £213,925 and bank loans from Foundation Home Loans of £358,245 which are disclosed within 'Creditors: Amounts falling due after more than one year' respectively. On the basis that the directors and Foundation Home Loans will continue to support the entity of the foreseeable future, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the support of either the directors or Foundation Home Loans.

Revenue recognition

Turnover Represents rent receivable from tenants under contractual obligations which are performed gradually over time.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Investments

	Shares in participating interests	Investment properties	Total
	£	£	£
Cost
At 29 February 2024	–	499,150	499,150
Additions	60	–	60
	----	----------	----------
At 28 February 2025	60	499,150	499,210
	----	----------	----------
Impairment
At 29 February 2024 and 28 February 2025	–	–	–
	----	----------	----------

Carrying amount
At 28 February 2025	60	499,150	499,210
	----	----------	----------
At 28 February 2024	–	499,150	499,150
	----	----------	----------

5. Debtors

	2025	2024
	£	£
Other debtors	600,440	610,000
	----------	----------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	876,750	907,210
	----------	----------

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

	2025	2024
	£	£
Bank loans and overdrafts	400,632	403,054
	----------	----------

Paratus AMC Limited hold a charge of the investment property dated 10 November 2021. Secured liabilities included with creditors amounts to £358,245 (2024 £358,245).