Registration number:
Littler Investments Limited
for the Year Ended 5 April 2023
Littler Investments Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Littler Investments Limited
(Registration number: 00841682)
Balance Sheet as at 5 April 2023
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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For the financial year ending 5 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Littler Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
UK
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Littler Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023
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.
Investment property
No depreciation is charged against investment properties except in the case of leasehold property where the unexpired term of the lease is less than 20 years.
The company had adopted a true and fair override in respect of investment properties, as the Companies Act 2006 requires that depreciation is charged.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 6 April 2022 |
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At 5 April 2023 |
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Depreciation |
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Carrying amount |
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At 5 April 2023 |
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At 5 April 2022 |
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Included within the net book value of land and buildings above is £585,000 (2022 - £585,000) in respect of freehold land and buildings and £715,000 (2022 - £715,000) in respect of long leasehold land and buildings.
Debtors |
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Trade debtors |
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Littler Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2023
Creditors |
Creditors: amounts falling due within one year
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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