ENDEAVOUR LIVING LTD


Directors	DUNN, Lindsey Jane
	DUNN, Shaun Mark


Registered Address	62 Cauldwell Avenue
	Whitley Bay
	NE25 9RW


Registered Number	12983175 (England and Wales)

Balance Sheet as at
30 October 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		256,566		-
Investment property	4		130,000		2,545,000
			386,566		2,545,000
Current assets
Debtors	5	345,441		16,688
Cash at bank and on hand		73,624		1,065
		419,065		17,753
Creditors amounts falling due within one year	6	(32,306)		(117,337)
Net current assets (liabilities)			386,759		(99,584)
Total assets less current liabilities			773,325		2,445,416
Creditors amounts falling due after one year	7		(13,344)		(1,531,335)
Net assets			759,981		914,081
Capital and reserves
Called up share capital			100		100
Share premium			876,400		876,400
Profit and loss account			(116,519)		37,581
Shareholders' funds			759,981		914,081

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 October 2025, and are signed on its behalf by:

DUNN, Shaun Mark
Director
Registered Company No. 12983175

ENDEAVOUR LIVING LTD

Notes to the Financial Statements
for the period ended 30 October 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases have been discounted to present value and presented as right of use assets on the balance sheet, depreciated over the lease term.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Vehicles	3

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		3

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
Additions	234,502	22,695	257,197
At 30 October 24	234,502	22,695	257,197
Depreciation and impairment
Charge for year	-	631	631
At 30 October 24	-	631	631
Net book value
At 30 October 24	234,502	22,064	256,566
At 31 October 23	-	-	-

4.	Investment property


		£
	Fair value at 01 November 23	2,545,000
	Disposals	(2,415,000)
	At 30 October 24	130,000

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	344,821	16,688
Other debtors	620	-
Total	345,441	16,688

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,514	3,345
Bank borrowings and overdrafts	-	60,000
Amounts owed to related parties	21,480	31,493
Taxation and social security	1,200	21,419
Finance lease and HP contracts	6,960	-
Accrued liabilities and deferred income	1,152	1,080
Total	32,306	117,337

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	-	1,531,335
Other creditors	13,344	-
Total	13,344	1,531,335

8.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	20,304		-

9.	Related party transactions
	At the end of the period, the company had loans outstanding from related parties, of which the director Shaun Dunn is the controlling party. All loans were provided on an interest free basis from Endeavour Living Ltd: Endeavour Developments Ltd - £8550 Endeavour Lettings Ltd - £17,071.17 Village Gosforth Ltd - £47,750 SNH Homes Ltd - £63,100 Village Peterlee Ltd - £208,350