The Everlasting Home Company Limited
Unaudited Financial Statements
For the period ended 31 March 2025
Pages for Filing with Registrar
Company Registration No. 15546541 (England and Wales)
The Everlasting Home Company Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 5
The Everlasting Home Company Limited
Balance Sheet
As at 31 March 2025
Page 1
2025
Notes
£
£
Fixed assets
Investment properties
3
529,537
Current assets
Cash at bank and in hand
11,002
Creditors: amounts falling due within one year
4
(533,138)
Net current liabilities
(522,136)
Net assets
7,401
Capital and reserves
Called up share capital
5
100
Profit and loss reserves
7,301
Total equity
7,401

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 1 December 2025 and are signed on its behalf by:
M L Garlick
Director
Company Registration No. 15546541
The Everlasting Home Company Limited
Notes to the Financial Statements
For the period ended 31 March 2025
Page 2
1
Accounting policies
Company information

The Everlasting Home Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

1.1
Reporting period

The financial statements have been prepared for a period of 13 months from the date of incorporation to 31 March 2025.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover represents amounts receivable for rent.

1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The Everlasting Home Company Limited
Notes to the Financial Statements (Continued)
For the period ended 31 March 2025
1
Accounting policies
(Continued)
Page 3
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The Everlasting Home Company Limited
Notes to the Financial Statements (Continued)
For the period ended 31 March 2025
Page 4
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
2
3
Investment property
2025
£
Fair value
At 7 March 2024
-
0
Additions
529,537
At 31 March 2025
529,537

The historical cost of the investment property is £529,537. The directors have confirmed that no revaluation is required on the investment properties this year as the properties were only recently acquired and there have not been any significant changes in their value.

4
Creditors: amounts falling due within one year
2025
£
Corporation tax
1,713
Other creditors
525,225
Accruals and deferred income
6,200
533,138

Included within other creditors is a loan from a company under common control. The loan is interest free and repayable on demand.

5
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary A shares of £1 each
99
99
Ordinary B shares of £1 each
1
1
100
100
The Everlasting Home Company Limited
Notes to the Financial Statements (Continued)
For the period ended 31 March 2025
Page 5
6
Related party transactions

At the year end an amount of £525,225 was owed to companies under common control.

2025-03-31 2024-03-07 false false false 02 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity M L Garlick Z R Garlick 15546541 15546541 2024-03-07 2025-03-31 15546541 2025-03-31 15546541 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15546541 core:ShareCapital 2025-03-31 15546541 core:RetainedEarningsAccumulatedLosses 2025-03-31 15546541 core:ShareCapitalOrdinaryShareClass1 2025-03-31 15546541 core:ShareCapitalOrdinaryShareClass2 2025-03-31 15546541 core:ShareCapitalOrdinaryShares 2025-03-31 15546541 bus:Director1 2024-03-07 2025-03-31 15546541 2024-03-06 15546541 core:CurrentFinancialInstruments 2025-03-31 15546541 bus:OrdinaryShareClass1 2024-03-07 2025-03-31 15546541 bus:OrdinaryShareClass2 2024-03-07 2025-03-31 15546541 bus:OrdinaryShareClass1 2025-03-31 15546541 bus:OrdinaryShareClass2 2025-03-31 15546541 bus:AllOrdinaryShares 2025-03-31 15546541 bus:PrivateLimitedCompanyLtd 2024-03-07 2025-03-31 15546541 bus:SmallCompaniesRegimeForAccounts 2024-03-07 2025-03-31 15546541 bus:FRS102 2024-03-07 2025-03-31 15546541 bus:AuditExemptWithAccountantsReport 2024-03-07 2025-03-31 15546541 bus:Director2 2024-03-07 2025-03-31 15546541 bus:FullAccounts 2024-03-07 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP