Registration number: 10417647

Embracing Independent Lifestyles Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 11

Embracing Independent Lifestyles Ltd

Company Information

Director

Mr A R Ajram

Registered office

The Cottage Stoke Grange Fir Tree Avenue Slough Berkshire SL2 4NN

Accountants

Crossley & Davis Chartered Accountants Ground Floor, Seneca House Links Point, Amy Johnson Way Blackpool Lancashire FY4 2FF

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Embracing Independent Lifestyles Ltd
for the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Embracing Independent Lifestyles Ltd for the year ended 31 October 2025 as set out on pages 3 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Embracing Independent Lifestyles Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Embracing Independent Lifestyles Ltd and state those matters that we have agreed to state to the Board of Directors of Embracing Independent Lifestyles Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Embracing Independent Lifestyles Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Embracing Independent Lifestyles Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Embracing Independent Lifestyles Ltd. You consider that Embracing Independent Lifestyles Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Embracing Independent Lifestyles Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

12 December 2025

Embracing Independent Lifestyles Ltd

(Registration number: 10417647)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	243,303	265,493
Current assets
Debtors	5	4,692,273	4,223,948
Cash at bank and in hand		237,223	251,995
		4,929,496	4,475,943
Creditors: Amounts falling due within one year	6	(3,140,496)	(3,085,216)
Net current assets		1,789,000	1,390,727
Total assets less current liabilities		2,032,303	1,656,220
Creditors: Amounts falling due after more than one year	6	-	(7,500)
Provisions for liabilities		(57,452)	(62,104)
Net assets		1,974,851	1,586,616
Capital and reserves
Called up share capital	7	100	100
Retained earnings		1,974,751	1,586,516
Shareholders' funds		1,974,851	1,586,616

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Embracing Independent Lifestyles Ltd

(Registration number: 10417647)
Balance Sheet as at 31 October 2025

Approved and authorised by the director on 12 December 2025
 

......................................... Mr A R Ajram Director

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Cottage
Stoke Grange
Fir Tree Avenue
Slough
Berkshire
SL2 4NN

These financial statements were authorised for issue by the director on 12 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	10% straight line
Fixtures and fittings	25% straight line
Plant and machinery	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 45 (2024 - 48).

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 November 2024	184,931	38,862	77,496	35,729
At 31 October 2025	184,931	38,862	77,496	35,729
Depreciation
At 1 November 2024	-	33,972	3,373	34,180
Charge for the year	-	2,676	19,374	140
At 31 October 2025	-	36,648	22,747	34,320
Carrying amount
At 31 October 2025	184,931	2,214	54,749	1,409
At 31 October 2024	184,931	4,890	74,123	1,549

	Total £
Cost or valuation
At 1 November 2024	337,018
At 31 October 2025	337,018
Depreciation
At 1 November 2024	71,525
Charge for the year	22,190
At 31 October 2025	93,715
Carrying amount
At 31 October 2025	243,303
At 31 October 2024	265,493

Included within the net book value of land and buildings above is £184,931 (2024 - £184,931) in respect of long leasehold land and buildings.
 

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		64,283	43,748
Amounts owed by related parties	9	4,523,255	3,927,945
Prepayments		21,577	24,023
Other debtors		83,158	228,232
		4,692,273	4,223,948

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	7,500	10,000
Trade creditors		657,736	710,606
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	2,057,644	2,116,787
Taxation and social security		164,382	99,089
Accruals and deferred income		24,912	31,305
Other creditors		228,322	117,429
		3,140,496	3,085,216

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	7,500

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

Embracing Independent Lifestyles Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	7,500

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,500	10,000

9	Related party transactions

Loans to related parties

2025	Key management £	Total £
At start of period	95,257	95,257
Repaid	(106,000)	(106,000)
Interest transactions	89	89
At end of period	(10,654)	(10,654)

2024	Key management £	Total £
At start of period	81,399	81,399
Advanced	106,000	106,000
Repaid	(93,568)	(93,568)
Interest transactions	1,426	1,426
At end of period	95,257	95,257