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REGISTERED NUMBER: 03914434 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2025

for

SE LIVING LIMITED

SE LIVING LIMITED (REGISTERED NUMBER: 03914434)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SE LIVING LIMITED

Company Information
for the Year Ended 31 January 2025







DIRECTOR: N.M Styles



SECRETARY: Miss A S O'Neill



REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG



REGISTERED NUMBER: 03914434 (England and Wales)



ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG



BANKERS: Nat West Bank PLC
Business and Commercial
1st Floor
143 High Street
Bromley
Kent
BR1 1JH

SE LIVING LIMITED (REGISTERED NUMBER: 03914434)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,270 3,024

CURRENT ASSETS
Stocks 45,683 70,426
Debtors 5 1,888 167,838
Cash at bank and in hand 9,857 118,402
57,428 356,666
CREDITORS
Amounts falling due within one year 6 34,562 31,573
NET CURRENT ASSETS 22,866 325,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,136

328,117

CREDITORS
Amounts falling due after more than one
year

7

(4,118

)

(14,241

)

PROVISIONS FOR LIABILITIES (433 ) (575 )
NET ASSETS 20,585 313,301

CAPITAL AND RESERVES
Called up share capital 350 350
Retained earnings 20,235 312,951
SHAREHOLDERS' FUNDS 20,585 313,301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

SE LIVING LIMITED (REGISTERED NUMBER: 03914434)

Balance Sheet - continued
31 January 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





N.M Styles - Director


SE LIVING LIMITED (REGISTERED NUMBER: 03914434)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

SE Living 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 represents the amounts receivable from the sale of properties and land during the year. Properties are treated as sold and profits taken when contracts are exchanged and the building is physically complete.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Property in the course of development is valued at the lower of direct cost or net realisable value. Direct cost comprises the cost of land, raw materials and development costs, including loan interest but excludes indirect overheads. Progress payments are deducted from work in progress.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 3 (2024 - 3 ) .

SE LIVING LIMITED (REGISTERED NUMBER: 03914434)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2024
and 31 January 2025 9,561 5,353 14,914
DEPRECIATION
At 1 February 2024 8,046 3,844 11,890
Charge for year 377 377 754
At 31 January 2025 8,423 4,221 12,644
NET BOOK VALUE
At 31 January 2025 1,138 1,132 2,270
At 31 January 2024 1,515 1,509 3,024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors - 433
Amounts owed by associates 1,417 166,500
Other debtors 471 905
1,888 167,838

All debtors are payable within one year and have therefore not been discounted.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 10,753 10,753
Trade creditors - 9,350
Amounts owed to group undertakings 15,687 2,937
Taxation and social security - 1,777
Other creditors 8,122 6,756
34,562 31,573

All creditors are payable within one year and have therefore not been discounted.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans 4,118 14,241

SE LIVING LIMITED (REGISTERED NUMBER: 03914434)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. CAPITAL COMMITMENTS

The company has options to purchase £1,700,000 (£3,345,000 - 2024) of land and freehold property at various sites in Kent, Surrey, Sussex and South East and South West London. These sites have been exchanged on conditional contracts, or option agreements subject to planning permission by the local authority.