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REGISTERED NUMBER: 05926439 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

FOR

CAPITAL LIVING LONDON LIMITED

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CAPITAL LIVING LONDON LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

| DIRECTORS: | A J Gibbs

| J S Herrera Pasqualin

| REGISTERED OFFICE: | 63-66 Hatton Garden

| Fifth Floor Suite 23

| London

| EC1N 8LE

| REGISTERED NUMBER: | 05926439 (England and Wales)

| ACCOUNTANTS: | Crowe U.K. LLP

| 4th Floor

| St James's House

| St James's Square

| Cheltenham

| GL50 3PR

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 4,125 |  | - |  |

Tangible assets | 5 | 120,656 |  | 107,549 |  |

Investments | 6 | 10 |  | 10 |  |

124,791 |  | 107,559 |  |

CURRENT ASSETS

Debtors | 7 | 241,059 |  | 73,090 |  |

Cash at bank | 194,762 |  | 440,945 |  |

435,821 |  | 514,035 |  |

CREDITORS

Amounts falling due within one year | 8 | 508,725 |  | 620,070 |  |

NET CURRENT LIABILITIES | (72,904 | ) | (106,035 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 51,887 |  | 1,524 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (17,619 | ) | (106,046 | ) |

PROVISIONS FOR LIABILITIES | (20,791 | ) | (25,463 | ) |

NET ASSETS/(LIABILITIES) | 13,477 |  | (129,985 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 12,477 |  | (130,985 | ) |

SHAREHOLDERS' FUNDS | 13,477 |  | (129,985 | ) |

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

BALANCE SHEET - continued

31 MARCH 2025

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Profit and Loss and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

A J Gibbs - Director

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

1. | STATUTORY INFORMATION

| Capital Living London 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.

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.

| The directors consider that in preparing the financial statements they have related taken into account all information available, and on this basis the financial statements are prepared on a going concern basis.

| Preparation of consolidated financial statements

| The financial statements contain information about Capital Living London Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

| Website Development are being amortised evenly over their estimated useful life of five years.

| Computer software is being amortised evenly over its estimated useful life of nil years.

| Tangible fixed assets

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

| Fixtures and fittings | - | 20% on cost

| Computer equipment | - | 33.33% on cost, 20% on cost and 12.5% on reducing balance

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss and Retained Earnings, 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.

| 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.

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

| Deferred tax assets are recognised only to the extent that directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantially enacted at the balance sheet date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 3 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Website |  | Computer |

| Development |  | software |  | Totals

£ | £ | £ |

| Cost

| At 1 June 2024 | - |  | 647 |  | 647 |  |

| Additions | 4,606 |  | - |  | 4,606 |  |

| At 31 March 2025 | 4,606 |  | 647 |  | 5,253 |  |

| Amortisation

| At 1 June 2024 | - |  | 647 |  | 647 |  |

| Amortisation for period | 481 |  | - |  | 481 |  |

| At 31 March 2025 | 481 |  | 647 |  | 1,128 |  |

| Net book value

| At 31 March 2025 | 4,125 |  | - |  | 4,125 |  |

| At 31 May 2024 | - |  | - |  | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| Cost

| At 1 June 2024 | 376,429 |  | 1,451 |  | 377,880 |  |

| Additions | 34,543 |  | 1,007 |  | 35,550 |  |

| At 31 March 2025 | 410,972 |  | 2,458 |  | 413,430 |  |

| Depreciation

| At 1 June 2024 | 268,880 |  | 1,451 |  | 270,331 |  |

| Charge for period | 22,359 |  | 84 |  | 22,443 |  |

| At 31 March 2025 | 291,239 |  | 1,535 |  | 292,774 |  |

| Net book value

| At 31 March 2025 | 119,733 |  | 923 |  | 120,656 |  |

| At 31 May 2024 | 107,549 |  | - |  | 107,549 |  |

CAPITAL LIVING LONDON LIMITED (REGISTERED NUMBER: 05926439) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| Cost

| At 1 June 2024

| and 31 March 2025 | 10 |  |

| Net book value

| At 31 March 2025 | 10 |  |

| At 31 May 2024 | 10 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 19,279 |  | 33,701 |  |

| Amounts owed by group undertakings | 192,193 |  | 36,621 |  |

| Other debtors | 29,587 |  | 2,768 |  |

241,059 |  | 73,090 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 99,890 |  | 95,153 |  |

| Trade creditors | 31,814 |  | 161,477 |  |

| Amounts owed to group undertakings | 1,243 |  | 48,025 |  |

| Taxation and social security | 53,391 |  | 73,324 |  |

| Other creditors | 322,387 |  | 242,091 |  |

508,725 |  | 620,070 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 17,619 |  | 106,046 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 1,449,205 |  | 1,624,714 |  |

| Between one and five years | 1,242,218 |  | 1,869,088 |  |

2,691,423 |  | 3,493,802 |  |

11. | RELATED PARTY DISCLOSURES

| Included within debtors: amounts due by group undertakings is a balance of £40,218 (2024: £36,621) owed by The HMO Agent Limited, for items paid on its behalf. The debt is unsecured, interest free and carries no fixed date of repayment.

| Included within debtors: amounts due by group undertakings is a balance of £151,975 (2024: 48,025) owed by BCLLA Ltd, for items paid on its behalf. The debt is unsecured, interest free and carries no fixed date of repayment.

| Included within creditors: amounts due to group undertakings is a balance of £1,243 (2024: £nil) owed to Built Asset Management Ltd. The loan is unsecured, interest free and and carries no fixed date of repayment.