for the Period Ended 31 October 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2024
Principal activities of the company
Additional information
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The director shown below has held office during the whole of the period from
1 November 2023
to
31 October 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2024 | 2023 | |
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| Debtors: | 3 |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 October 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 October 2024
| 2024 | 2023 | |
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| £ | £ | |
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Solutions 4 Living is an innovative company focused on transforming the housing sector through cutting-edge modular housing solutions. In 2024, the company invested heavily in research, meticulous planning, and strategic site selection, laying the foundation for the successful launch of their modular housing projects. During this time, Solutions 4 Living concentrated on the design and development of modular housing units that prioritize sustainability, cost efficiency, and practicality. Modular housing involves constructing prefabricated units in controlled factory environments before assembling them on-site, reducing construction timelines and environmental impact. This approach reflects the company's commitment to eco-friendly and sustainable practices. Throughout 2024, the company focused on conducting feasibility studies, engaging in architectural and engineering efforts to develop state-of-the-art modular housing designs. Their expert team worked to ensure that each unit met rigorous quality standards while being versatile enough to adapt to various environments and space requirements. A key achievement during this phase was the identification and assessment of potential development sites. Solutions 4 Living strategically selected locations based on criteria such as accessibility to essential services, proximity to urban centers, and environmental suitability. The site selection process included in-depth analysis of demographic trends, market demand, and resource availability to ensure the housing schemes would effectively meet future residents' needs. Although Solutions 4 Living was not directly involved with residents in 2024, its focus on providing affordable, innovative housing solutions is expected to create a meaningful societal impact. By prioritizing sustainable building practices, the company helps reduce the carbon footprint commonly associated with traditional construction methods. Moreover, the upcoming introduction of modular housing has the potential to address the ongoing housing crisis by offering affordable and accessible living options. The anticipated benefits for communities include stronger social bonds and economic rejuvenation as people gain access to stable, secure housing.
As Solutions 4 Living moves forward with its modular housing initiative, its stakeholders represent a broad and diverse group of individuals and organizations. These key stakeholders include local authorities, government agencies, housing and homelessness advocacy groups, construction partners, suppliers, investors, and company employees. Each plays a critical role in driving the success and impact of the company’s mission to provide housing solutions for homeless individuals. To promote inclusivity and collaboration, Solutions 4 Living actively engages its stakeholders through various consultation channels. The company has conducted meetings and discussions with local authorities and homelessness advocacy organisations to gain insights into the specific needs of the homeless population. By working closely with local authorities, Solutions 4 Living ensures that its modular housing projects align with the region’s existing homelessness strategies and initiatives. During the consultation process, the company has paid close attention to stakeholder feedback and has made meaningful adjustments in response. Insights from local authorities and advocacy groups have influenced the design and functionality of the modular units, leading to improvements in safety, accessibility, and the inclusion of essential amenities to meet the needs of homeless individuals. Additionally, Solutions 4 Living has partnered with construction teams and suppliers to source materials and technologies that facilitate the rapid, cost-effective deployment of the units, ensuring a larger impact in the fight against homelessness. By maintaining open and transparent communication with stakeholders, Solutions 4 Living ensures that its efforts align with a shared vision of delivering practical and dignified housing solutions for the homeless. As the company moves closer to launching its modular housing initiative, this ongoing dialogue will remain key in shaping its positive impact and success in addressing homelessness and supporting vulnerable communities.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £11,528s. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 July 2025
And signed on behalf of the board by:
Name: Daniel ATKINS
Status: Director