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REGISTERED NUMBER: 05197310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Living Stones Homes Limited

Living Stones Homes Limited (Registered number: 05197310)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Living Stones Homes Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: J Retallick





SECRETARY: J Retallick





REGISTERED OFFICE: 18 Winterstoke Crescent
Ramsgate
Kent
CT11 8AH





REGISTERED NUMBER: 05197310 (England and Wales)





ACCOUNTANTS: Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR

Living Stones Homes Limited (Registered number: 05197310)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 275,847 275,856

CURRENT ASSETS
Debtors 5 - 278
Cash at bank 8,247 524
8,247 802
CREDITORS
Amounts falling due within one year 6 214,233 201,904
NET CURRENT LIABILITIES (205,986 ) (201,102 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,861

74,754

CREDITORS
Amounts falling due after more than one
year

7

28,329

33,681
NET ASSETS 41,532 41,073

CAPITAL AND RESERVES
Called up share capital 3,099 3,099
Revaluation reserve 9 94,000 94,000
Retained earnings (55,567 ) (56,026 )
SHAREHOLDERS' FUNDS 41,532 41,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

Living Stones Homes Limited (Registered number: 05197310)

Balance Sheet - continued
31 August 2024


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 on the director and authorised for issue on 22 May 2025 and were signed by:





J Retallick - Director


Living Stones Homes Limited (Registered number: 05197310)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Living Stones Homes 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.
Freehold property - not provided
Computer equipment - 15% on reducing balance

Taxation
The Revenue Profit in this financial year has been offset against Corporation Tax becoming due in respect of losses arising in future years.

The total tax "credit" in respect of the Revenue Losses carried forward is now £4,995.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 275,796 435 276,231
DEPRECIATION
At 1 September 2023 - 375 375
Charge for year - 9 9
At 31 August 2024 - 384 384
NET BOOK VALUE
At 31 August 2024 275,796 51 275,847
At 31 August 2023 275,796 60 275,856

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Prepayments - 278

Living Stones Homes Limited (Registered number: 05197310)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts (see note 8) 9,400 9,400
Corporation Tax (4,895 ) (6,499 )
Sundry Creditors 8,304 10,029
Hot Property Associates Ltd 227 227
Pre- payments for Future Sales 48,100 30,325
Directors' current accounts 152,605 157,959
Accrued expenses 492 463
214,233 201,904

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans (see note 8) 28,329 33,681

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,229 14,581

8. LOANS

An analysis of the maturity of loans is given below:

31.8.24 31.8.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,400 9,400

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,500 9,500

Amounts falling due between two and five years:
Bank loans - 2-5 years 9,600 9,600

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,229 14,581

9. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 94,000

Living Stones Homes Limited

Report of the Accountants to the Director of
Living Stones Homes Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR


Date: .............................................