REGISTERED NUMBER: 11189922 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Bamboo Living Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

-

50

Investment property

5

365,000

390,000

365,000

390,050

CURRENT ASSETS

Debtors

6

48,922

54,961

Cash at bank and in hand

195

525

49,117

55,486

CREDITORS

Amounts falling due within one year

7

185,206

413,756

NET CURRENT LIABILITIES

(136,089

)

(358,270

)

TOTAL ASSETS LESS CURRENT LIABILITIES

228,911

31,780

CREDITORS

Amounts falling due after more than one year

8

262,195

19,824

NET (LIABILITIES)/ASSETS

(33,284

)

11,956

CAPITAL AND RESERVES

Called up share capital

10

65,100

65,100

Fair value reserve

11

-

13,105

Retained earnings

(98,384

)

(66,249

)

SHAREHOLDERS' FUNDS

(33,284

)

11,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

Mr Mark Charles Wilkinson - Director

Mrs Emma Louise Knights - Director

1.	STATUTORY INFORMATION

Bamboo Living Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11189922

Registered office:

17 Hillmont Road

Esher

Surrey

KT10 9BA

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The company has net liabilities of £33,284. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Unlisted

investment

£

COST

At 1 March 2024

50

Disposals

(50

)

At 28 February 2025

-

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

50

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

390,000

Additions

(598

)

Revaluations

(13,105

)

Impairments

(11,297

)

At 28 February 2025

365,000

NET BOOK VALUE

At 28 February 2025

365,000

At 29 February 2024

390,000

Investment property situated at 171 Court Street, Tonypandy, CF40 2RJ is under a charge from Onesavings Bank PLC. The charge was created on 24th November 2023.

Investment property situated at 102 Penygraig Road, Tonypandy, CF40 1HB is under a charge from Aldermore Bank PLC. The charge was created on 19 March 2024.

Fair value at 28 February 2025 is represented by:

£

Valuation in 2024

13,105

Valuation in 2025

(24,402

)

Cost

376,297

365,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Other debtors

48,922

54,961

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

-

248,975

Other creditors

185,206

164,781

185,206

413,756

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

262,195

19,824

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

245,175

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Bank loans

262,195

268,799

The loan amounting to £113,850 is secured by the way of charge on the property situated at 171 Court Street, Tonypandy, CF40 2RJ (disclosed as investment property). The charge was created in the name of Onesavings Bank PLC on 24th November 2023.

The loan amounting to £131,325 is secured by the way of charge on the property situated at 102 Penygraig Road, Tonypandy, CF40 1HB (disclosed as investment property). The charge was created in the name of Aldermore Bank PLC on 19 March 2024.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

13

Class A Redeemable

£5,00

0

65,000

65,000

65,100

65,100

11.

RESERVES

Fair

value

reserve

£

At 1 March 2024

13,105

Transfer to/from reserves

(13,105

)

At 28 February 2025

-

12.	RELATED PARTY DISCLOSURES

The company owes £8,586 (2024: £2,086 ) from its director, Mr Mark Charles Wilkinson who is also a 50% shareholder of the company as at accounting year end date.

The company was owed £360 (2024: £360) as at accounting year end date from Court Street Limited, a company registered in United Kingdom (Company registered number: 13805854). Mr Mark Charles Wilkinson is also a director and 50% shareholder of this company.

The company owes £36,350 (2024: £37,500) as at accounting year end date to Momentum Developments Ltd, a company registered in United Kingdom (Company registered number: 11564187). Mr Mark Charles Wilkinson and Miss Emma-Louise Knights are also directors and shareholders of this company holding 25% each in this company.

The company owes £48,596 (2024: £28,876) as at accounting year end date to Hillmont Associates Limited, a company registered in United Kingdom (Company registered number: 11895646). Mr Mark Charles Wilkinson is also a director and sole shareholder of this company.

The company owes £24,700 (2024: £9,200) as at accounting year end date to Life Remixed Ltd, a company registered in United Kingdom (Company registered number: 11607510). Mr Mark Charles Wilkinson is also a director and sole shareholder of this company.

The company was owed £46,937 (2024: £52,976) from Westbank Ltd, a company registered in United Kingdom (Company registered number: 10769302) as at accounting year end date. Mr Mark Charles Wilkinson and Miss Emma-Louise Knights are also directors and shareholders of this company holding 50% each in this company.