REGISTERED NUMBER: 08016610 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

FOR

LLAMALLAMA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M F Parris

REGISTERED OFFICE:

2nd Floor

17 Short's Gardens

London

WC2H 9AT

REGISTERED NUMBER:

08016610 (England and Wales)

ACCOUNTANT:

Keith Raffan & Co.

Chartered Accountants

17 Short's Gardens

London

WC2H 9AT

FIXED ASSETS

Tangible assets

4

408

612

Investment property

5

357,425

261,708

357,833

262,320

CURRENT ASSETS

Debtors

6

6,321

6,826

Investments

7

76,942

76,942

Cash at bank

210,599

153,086

293,862

236,854

CREDITORS

Amounts falling due within one year

8

99,371

73,148

NET CURRENT ASSETS

194,491

163,706

TOTAL ASSETS LESS CURRENT LIABILITIES

552,324

426,026

PROVISIONS FOR LIABILITIES

9

78

116

NET ASSETS

552,246

425,910

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

552,245

425,909

SHAREHOLDERS' FUNDS

552,246

425,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 January 2023 and were signed by:

M F Parris - Director

1.	STATUTORY INFORMATION

Llamallama 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2021

and 30 April 2022

4,657

DEPRECIATION

At 1 May 2021

4,045

Charge for year

204

At 30 April 2022

4,249

NET BOOK VALUE

At 30 April 2022

408

At 30 April 2021

612

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2021

261,708

Additions

95,717

At 30 April 2022

357,425

NET BOOK VALUE

At 30 April 2022

357,425

At 30 April 2021

261,708

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

6,321

6,826

7.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Unlisted investments

76,942

76,942

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

77

448

Trade creditors

2,171

400

Taxation and social security

78,092

68,787

Other creditors

19,031

3,513

99,371

73,148

9.	PROVISIONS FOR LIABILITIES

2022

2021

£

£

Deferred tax

78

116

Deferred

tax

£

Balance at 1 May 2021

116

Credit to Income Statement during year

(38

)

Balance at 30 April 2022

78

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M F Parris.