Accounts filed on 31-03-2020


Registered number: 11165674






Littlewick Property Limited


ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2020


Littlewick Property Limited


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2020





DIRECTORS
Jack Steer



SECRETARY
Nicola Claydon


REGISTERED OFFICE
The Lodge
Park Road
Shepton Mallet
Somerset
BA4 5BS


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11165674



BANKERS
Barclays Bank, Leicester, Leicestershire, LE87 2BB


ACCOUNTS
FOR THEYEARENDED31 MARCH 2020



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	3		1,134		1,512
Investment Assets	4		146		16

			1,280		1,528

CURRENT ASSETS
Stock		14,903		9,903
Debtors	6	143,973		134,326
Cash at bank and in hand		7,995		5,573
		166,871		149,802
CREDITORS: Amounts falling due within one year	7	231,978		204,207
NET CURRENT LIABILITIES			(65,107)		(54,405)
TOTAL ASSETS LESS CURRENT LIABILITIES			(63,827)		(52,877)


PROVISIONS FOR LIABILITIES AND CHARGES	8		215		287

NET LIABILITIES			(64,042)		(53,164)

CAPITAL AND RESERVES

Called up share capital	9		1,000		1
Profit and loss account			(65,042)		(53,165)
SHAREHOLDERS' FUNDS			(64,042)		(53,164)

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 19 October 2020 and signed on their behalf by



.............................
Jack Steer
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




4. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 1 April 2019	16	16
Additions	130	130
At 31 March 2020	146	146
Amortisation
Net Book Amounts
At 31 March 2020	146	146
At 31 March 2019	16	16
The company holds 50% of the issued share capital of Orwell Real Estate Limited. The financial information provided in respect of the subsidary is derived from the financial statements for the period ended 30 April 2020. Aggregate capital and reserves £42,703. Profit for the year £142,603. In accordance with the provisions of the Companies Act 2006 the directors of the company have decided not to prepare consolidated accounts on the basis that the group is small. Therefore, the accounts show information about the company as an individual entity.
The company holds 80% of the issued share capital of Orwell (Somerset One) Limited. This company is dormant.
The company holds 15% of the issued share capital of BMS Somerset One Limited whose financial statements for the year ended 31 March 2020 show aggregate capital and reserves of (£24,823) (2019:(£1,603)) and a loss for the year of (£23,220) (2019: (£1,703). The company holds 33.33% of the issued share capital of BMS Management Limited whose financial statements for the year ended 31 March 2020 show aggregate capital and reserves of £3,424 (2019:£4,361) and a loss for the year of (£937) (2019: profit £4,358).




6. DEBTORS	2020	2019
	£	£
Amounts falling due within one year
Other debtors	60	163
	60	163

Amounts falling due over more than one year
Amounts due from group companies	143,913	134,163
	143,913	134,163
	143,973	134,326




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
Directors current account	11,540	49,980
Loans	201,000	148,000
Trade creditors	2,500	337
Other creditors	-	152
Accruals	16,938	5,738
	231,978	204,207




9. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1
	1,000	1