REGISTERED NUMBER: 09084514 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

LIVING LEADER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms E P Downer

Ms P M Ferguson

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09084514 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

101,845

52,720

101,845

52,720

CURRENT ASSETS

Debtors

6

642,259

422,715

Cash at bank

178,631

324,672

820,890

747,387

CREDITORS

Amounts falling due within one year

7

437,408

278,022

NET CURRENT ASSETS

383,482

469,365

TOTAL ASSETS LESS CURRENT LIABILITIES

485,327

522,085

CREDITORS

Amounts falling due after more than one year

8

1,740

12,203

NET ASSETS

483,587

509,882

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

482,587

508,882

SHAREHOLDERS' FUNDS

483,587

509,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 December 2025 and were signed on its behalf by:

Ms P M Ferguson - Director

1.	STATUTORY INFORMATION

Living Leader 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of three years.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

Reducing balance over 3 years

Fixtures and fittings

-

Reducing balance over 3 years

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 balance sheet date.

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 year was 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,500,000

AMORTISATION

At 1 April 2024

and 31 March 2025

1,500,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

46,550

13,376

23,404

83,330

Additions

62,019

-

-

62,019

At 31 March 2025

108,569

13,376

23,404

145,349

DEPRECIATION

At 1 April 2024

-

8,581

22,029

30,610

Charge for year

10,857

1,583

454

12,894

At 31 March 2025

10,857

10,164

22,483

43,504

NET BOOK VALUE

At 31 March 2025

97,712

3,212

921

101,845

At 31 March 2024

46,550

4,795

1,375

52,720

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

107,940

168,333

Other debtors

128,916

34,060

Directors' current accounts

405,403

220,322

642,259

422,715

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 9)

10,471

10,205

Trade creditors

22,282

13,679

Tax

137,308

114,776

Social security and other taxes

3,380

2,295

Pension

433

372

VAT

14,535

16,087

Other creditors

-

26,890

Accruals and deferred income

248,999

93,718

437,408

278,022

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 9)

1,740

12,203

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

10,471

10,205

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,740

10,463

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,740

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Ms E P Downer

Balance outstanding at start of year

186,610

2,108

Amounts advanced

214,370

205,334

Amounts repaid

(297,323

)

(20,832

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

103,657

186,610

Ms P M Ferguson

Balance outstanding at start of year

33,712

105,286

Amounts advanced

646,855

291,151

Amounts repaid

(378,821

)

(362,725

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

301,746

33,712

As at the balance sheet date, included in debtors due within one year is £103,657 (2024:£186,610) due and payable by Mrs E Littmoden and £301,746 (2024:£33,712) due and payable by Ms P Ferguson. During the period interest of £7,665 was charged on the overdrawn loan account at 2.25%.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms P M Ferguson.