Livelong Hyntle Barn Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08769640

Livelong Hyntle Barn Ltd

Filleted Unaudited Financial Statements

31 March 2025

Livelong Hyntle Barn Ltd

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Livelong Hyntle Barn Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		2,004		3,304

Current assets

Debtors	6	63,129	68,686
Cash at bank and in hand		11,409	16,545
		--------	--------
		74,538	85,231

Creditors: amounts falling due within one year	7	72,518		69,397
		--------		--------
Net current assets			2,020		15,834
			-------		--------
Total assets less current liabilities			4,024		19,138

Creditors: amounts falling due after more than one year	8	1,889	12,270
		-------	--------
Net assets		2,135	6,868
		-------	--------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		2,035	6,768
		-------	-------
Shareholders funds		2,135	6,868
		-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Livelong Hyntle Barn Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 13 November 2025 , and are signed on behalf of the board by:

Mr T Parry

Director

Company registration number: 08769640

Livelong Hyntle Barn Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Physiotherapy Equipment	-	25% straight line
Office Equipment, Furniture and fittings	-	20 % straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Tangible assets

	Physiotherapy equipment	Office Equipment, Furniture and fittings	Total
	£	£	£
Cost
At 1 April 2024	2,366	27,398	29,764
Additions	169	–	169
Disposals	–	( 210)	( 210)
	-------	--------	--------
At 31 March 2025	2,535	27,188	29,723
	-------	--------	--------
Depreciation
At 1 April 2024	1,830	24,630	26,460
Charge for the year	179	1,122	1,301
Disposals	–	( 42)	( 42)
	-------	--------	--------
At 31 March 2025	2,009	25,710	27,719
	-------	--------	--------
Carrying amount
At 31 March 2025	526	1,478	2,004
	-------	--------	--------
At 31 March 2024	536	2,768	3,304
	-------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	1,189	1,694
Amounts owed by related undertakings	61,940	47,037
Directors loan account	–	19,955
	--------	--------
	63,129	68,686
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,328	10,148
Trade creditors	22,006	18,635
Accruals and deferred income	10,650	5,703
Corporation tax	23,073	20,247
Social security and other taxes	213	564
Director loan accounts	648	–
Other creditors	5,230	7,862
Amounts owed to related undertakings	370	6,238
	--------	--------
	72,518	69,397
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,889	12,270
	-------	--------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	75	75	75	75
Ordinary B shares of £ 1 each	25	25	25	25
	----	----	----	----
	100	100	100	100
	----	----	----	----

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	13,110	13,110
Later than 1 year and not later than 5 years	39,329	52,438
	--------	--------
	52,439	65,548
	--------	--------

11. Directors' advances, credits and guarantees

At the year end the directors were owed £648 (2024: £19,955 owed to the company) by the company which was repaid shortly after the yearend.

12. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Related undertakings	32,700	(25,800)	61,571	40,799
	--------	--------	--------	--------