Picturesque Living Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15398413

		31 January 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		23,235
Investment Properties	5		487,030

			510,265
CURRENT ASSETS
Debtors	6	4,202
Cash at bank and in hand		18,336

		22,538
Creditors: Amounts Falling Due Within One Year	7	(190,739 )

NET CURRENT ASSETS (LIABILITIES)			(168,201 )

TOTAL ASSETS LESS CURRENT LIABILITIES			342,064

Creditors: Amounts Falling Due After More Than One Year	8		(346,417 )

NET LIABILITIES			(4,353 )

CAPITAL AND RESERVES
Called up share capital	9		20
Profit and Loss Account			(4,373 )

SHAREHOLDERS' FUNDS			(4,353)

Page 1

Page 2

Picturesque Living Ltd

Balance Sheet (continued)

As At 31 January 2025

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J Potez

Director

8 October 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Picturesque Living Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15398413 . The registered office is 18 Colwell Close, Thornbury, BS35 3AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents rental income receivable from investment property held.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

5 years

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 9 January 2024	-
Additions	27,388

As at 31 January 2025	27,388

Depreciation
As at 9 January 2024	-
Provided during the period	4,153

As at 31 January 2025	4,153

Net Book Value
As at 31 January 2025	23,235

As at 9 January 2024	-

Page 3

Page 4

Picturesque Living Ltd

Notes to the Financial Statements (continued)

For the Period 9 January 2024 to 31 January 2025

5. Investment Property

	31 January 2025
	£
Fair Value
As at 9 January 2024	-
Additions	487,030

As at 31 January 2025	487,030

Investment property is measured at fair value in accordance with FRS 102 Section 16. The fair value of £487,030 at the year end has been determined by the directors. No independent valuation was obtained. The resulting fair value gain/loss of £nil has been recognised in profit or loss. Deferred tax of £nil has been provided on the fair value movement

6. Debtors

	31 January 2025
	£
Due within one year
Other debtors	4,202

7. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Other creditors	190,739

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2025
	£
Bank loans	346,417

9. Share Capital

	31 January 2025
	£
Allotted, Called up and fully paid	20