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REGISTERED NUMBER: 10432677 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

CONDUCIVE HOUSING LTD

CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONDUCIVE HOUSING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: J T Papanicola





REGISTERED OFFICE: 7 Northgate Close
Brighton
BN2 7DZ





REGISTERED NUMBER: 10432677 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 473,681 473,957

CURRENT ASSETS
Debtors 5 11,900 -
Cash at bank and in hand 1,081 2,997
12,981 2,997
CREDITORS
Amounts falling due within one year 6 245,287 248,234
NET CURRENT LIABILITIES (232,306 ) (245,237 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,375

228,720

CREDITORS
Amounts falling due after more than one
year

7

188,706

199,609
NET ASSETS 52,669 29,111

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 52,569 29,011
SHAREHOLDERS' FUNDS 52,669 29,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)

BALANCE SHEET - continued
31 MARCH 2023


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 16 October 2023 and were signed by:





J T Papanicola - Director


CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Conducive Housing Ltd 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.
Fixtures and fittings - 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 472,114 3,000 475,114
DEPRECIATION
At 1 April 2022 - 1,157 1,157
Charge for year - 276 276
At 31 March 2023 - 1,433 1,433
NET BOOK VALUE
At 31 March 2023 472,114 1,567 473,681
At 31 March 2022 472,114 1,843 473,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by participating interests 11,900 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 21,634 21,121
Trade creditors 63 -
Amounts owed to participating interests 200,000 -
Tax 19,890 19,722
Directors' current accounts - 205,491
Accruals and deferred income 3,700 1,900
245,287 248,234

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 188,706 199,609

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 188,706 199,609

CONDUCIVE HOUSING LTD (REGISTERED NUMBER: 10432677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2022 29,011
Profit for the year 83,558
Dividends (60,000 )
At 31 March 2023 52,569