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REGISTERED NUMBER: 02912917 (England and Wales)















ORIGINS LIVING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ORIGINS LIVING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr F Charalambous
Ms S Charalambous
Mr A Theodorou





SECRETARY: Ms S Charalambous





REGISTERED OFFICE: Unit 21, Hainault Works
Hainault Road
Little Heath
Romford
Essex
RM6 5SS





REGISTERED NUMBER: 02912917 (England and Wales)





ACCOUNTANTS: T. PA Accountancy Services Limited
Hale House
Unit 5
296a Green Lanes
Palmers Green
London
N13 5TW

ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,721 52,200

CURRENT ASSETS
Stocks 5 357,653 365,586
Debtors 6 308,171 292,184
Cash at bank and in hand 123,978 72,436
789,802 730,206
CREDITORS
Amounts falling due within one year 7 311,290 308,244
NET CURRENT ASSETS 478,512 421,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

532,233

474,162

CREDITORS
Amounts falling due after more than one year 8 19,039 36,410
NET ASSETS 513,194 437,752

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 513,094 437,652
SHAREHOLDERS' FUNDS 513,194 437,752

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:





Mr F Charalambous - Director


ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Origins 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 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 8 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 54,945 76,372 46,077 177,394
Additions - 10,137 3,614 13,751
At 31 March 2025 54,945 86,509 49,691 191,145
DEPRECIATION
At 1 April 2024 26,784 61,703 36,707 125,194
Charge for year 4,224 3,721 4,285 12,230
At 31 March 2025 31,008 65,424 40,992 137,424
NET BOOK VALUE
At 31 March 2025 23,937 21,085 8,699 53,721
At 31 March 2024 28,161 14,669 9,370 52,200

5. STOCKS
2025 2024
£    £   
Stocks 357,653 365,586

ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 297,556 280,898
Prepayments and accrued income 10,615 11,286
308,171 292,184

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans 50,000 50,000
Trade creditors 125,157 136,651
Corporation tax payable 22,394 36,084
Social security and other taxes 6,058 5,228
VAT 102,232 76,692
Accrued expenses 5,449 3,589
311,290 308,244

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bounce Back Loan 11,667 21,667
Hire purchase contracts 7,372 14,743
19,039 36,410

Amounts falling due in more than five years:

Repayable by instalments
Bounce Back Loan 11,667 21,667

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 11,667 21,667

ORIGINS LIVING LIMITED (REGISTERED NUMBER: 02912917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2024 437,652
Profit for the year 75,442
At 31 March 2025 513,094

12. RELATED PARTY DISCLOSURES

There is no overall control of the company by any one person.