REGISTERED NUMBER: 05455598 (England and Wales)

Financial Statements for the Period 1 October 2023 to 31 March 2025

for

Living Life (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A.P T Lalani

Mrs S Lalani

REGISTERED OFFICE:

212 Ballards Lane

Sbch House

London

N3 2LX

REGISTERED NUMBER:

05455598 (England and Wales)

AUDITORS:

J F Francis Ltd

Statutory auditor

Francis House

2 Park Road

High Barnet

Barnet

Hertfordshire

EN5 5RN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,650,405

1,662,301

1,650,405

1,662,301

CURRENT ASSETS

Stocks

-

600

Debtors

6

3,173,484

316,568

Cash at bank and in hand

1,359,128

1,610,354

4,532,612

1,927,522

CREDITORS

Amounts falling due within one year

7

(2,208,775

)

(188,800

)

NET CURRENT ASSETS

2,323,837

1,738,722

TOTAL ASSETS LESS CURRENT LIABILITIES

3,974,242

3,401,023

PROVISIONS FOR LIABILITIES

(4,812

)

-

NET ASSETS

3,969,430

3,401,023

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

3,969,428

3,401,021

SHAREHOLDERS' FUNDS

3,969,430

3,401,023

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 24 December 2025 and were signed on its behalf by:

A.P T Lalani - Director

1.	STATUTORY INFORMATION

Living Life (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Land and buildings - Freehold

2% straight line

Fixtures, fittings & equipment

25% on reducing balance

Office equipment

3 years straight line

Motor vehicles

25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 38 (2023 - 37 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 31 March 2025

365,000

AMORTISATION

At 1 October 2023

and 31 March 2025

365,000

NET BOOK VALUE

At 31 March 2025

-

At 30 September 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2023

1,710,073

18,399

25,921

5,466

1,759,859

Additions

-

-

21,296

951

22,247

Disposals

-

-

(1,000

)

-

(1,000

)

At 31 March 2025

1,710,073

18,399

46,217

6,417

1,781,106

DEPRECIATION

At 1 October 2023

66,270

6,846

20,650

3,792

97,558

Charge for period

25,650

4,335

2,914

1,066

33,965

Eliminated on disposal

-

-

(822

)

-

(822

)

At 31 March 2025

91,920

11,181

22,742

4,858

130,701

NET BOOK VALUE

At 31 March 2025

1,618,153

7,218

23,475

1,559

1,650,405

At 30 September 2023

1,643,803

11,553

5,271

1,674

1,662,301

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

30.9.23

£

£

Trade debtors

243,325

161,190

Amounts owed by group undertakings

2,365,867

-

Other debtors

564,292

155,378

3,173,484

316,568

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

30.9.23

£

£

Trade creditors

29,453

850

Amounts owed to group undertakings

163,662

-

Taxation and social security

269,844

164,177

Other creditors

1,745,816

23,773

2,208,775

188,800

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

30.9.23

value:

£

£

2

Ordinary

£1

2

2

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Frank Yiallouris FCCA (Senior Statutory Auditor)

for and on behalf of J F Francis Ltd

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in other debtors due within one year is an amount of £550,000 (2023: £Nil) due from a connected company under common control. The amount is interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is Silver Birch Care (Holdings) Limited, a company incorporated in England and Wales under company registration number 09049900.

The directors consider the ultimate controlling party to be Mr A P T Lalani and his close family by virtue of holding the entire share capital of Silver Birch Care (Holdings) Limited.