REGISTERED NUMBER: 06816106 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2025

for

Co2Zero Livework Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Warren-Cox

P S J Warren-Cox

REGISTERED OFFICE:

17 Victoria Road

Clevedon

BS21 7RU

REGISTERED NUMBER:

06816106 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

5,600

6,300

Investment property

5

2,200,000

1,181,973

2,205,600

1,188,273

CURRENT ASSETS

Debtors

6

6,969

62,856

Cash at bank

6,244

10,751

13,213

73,607

CREDITORS

Amounts falling due within one year

7

1,351,108

164,183

NET CURRENT LIABILITIES

(1,337,895

)

(90,576

)

TOTAL ASSETS LESS CURRENT LIABILITIES

867,705

1,097,697

PROVISIONS FOR LIABILITIES

104,185

-

NET ASSETS

763,520

1,097,697

CAPITAL AND RESERVES

Called up share capital

8

1

1

Fair value reserve

9

308,224

-

Retained earnings

9

455,295

1,097,696

SHAREHOLDERS' FUNDS

763,520

1,097,697

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 22nd April 2026 and were signed on its behalf by:

S Warren-Cox - Director

1.	STATUTORY INFORMATION

Co2Zero Livework 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Motor vehicles

-

Straight line over 10 years

Investment property

Investment property is 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 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 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1st November 2024

and 31st October 2025

7,000

DEPRECIATION

At 1st November 2024

700

Charge for year

700

At 31st October 2025

1,400

NET BOOK VALUE

At 31st October 2025

5,600

At 31st October 2024

6,300

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st November 2024

1,181,973

Additions

607,000

Revaluations

411,027

At 31st October 2025

2,200,000

NET BOOK VALUE

At 31st October 2025

2,200,000

At 31st October 2024

1,181,973

Fair value at 31st October 2025 is represented by:

£

Valuation in 2025

411,027

Cost

1,788,973

2,200,000

If investment property had not been revalued it would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

1,788,973

1,181,973

Investment property was valued on an open market basis on 31st October 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

4,950

Amounts owed by group undertakings

-

49,215

Other debtors

123

-

VAT

6,846

8,691

6,969

62,856

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

-

173

Amounts owed to group undertakings

1,167,435

-

Tax

19,851

19,171

Social security and other taxes

298

(486

)

Other creditors

22,407

15,281

Directors' current accounts

135,617

130,044

Deferred income

3,750

-

Accrued expenses

1,750

-

1,351,108

164,183

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st November 2024

1,097,696

-

1,097,696

Profit for the year

365,823

365,823

Dividends

(700,000

)

(700,000

)

Assets revalued in period

(308,224

)

308,224

-

At 31st October 2025

455,295

308,224

763,519

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, CO2Livework Limited owed £1,167,435 (2024: £49,215 owed from Logic Construction Design Services Limited) to Logic Construction Design Services Limited, a company under common control.

The balance represents an interest-free loan, which is repayable on demand.

During the year, development properties with a carrying value of £607,000 were transferred from Logic Construction Design Services Limited at book value. The transfer was undertaken on a no gain / no loss basis.