Company Registration No. 08159767 (England and Wales)
Living Mind Limited
Unaudited accounts
for the year ended 31 July 2025
Living Mind Limited
Unaudited accounts
Contents
Living Mind Limited
Company Information
for the year ended 31 July 2025
Directors
Dr A Sarkhel
Mrs M Gulati Sarkhel
Company Number
08159767 (England and Wales)
Registered Office
10 Harley Street
London
W1G 9PF
Accountants
Rhian Davies FCA
RM Accountants
7 Yr Hen Farchnad
Llandeilo
SA19 6BJ
Living Mind Limited
Statement of financial position
as at 31 July 2025
Tangible assets
3,263
4,351
Cash at bank and in hand
40,854
19,721
Creditors: amounts falling due within one year
(59,959)
(47,633)
Net current assets
23,936
10,853
Called up share capital
1
1
Profit and loss account
27,198
15,203
Shareholders' funds
27,199
15,204
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by
Dr A Sarkhel
Director
Company Registration No. 08159767
Living Mind Limited
Notes to the Accounts
for the year ended 31 July 2025
Living Mind Limited is a private company, limited by shares, registered in England and Wales, registration number 08159767. The registered office is 10 Harley Street, London, W1G 9PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Living Mind Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
403
10,597
7,764
18,764
At 31 July 2025
403
10,597
7,764
18,764
At 1 August 2024
403
6,246
7,764
14,413
Charge for the year
-
1,088
-
1,088
At 31 July 2025
403
7,334
7,764
15,501
At 31 July 2025
-
3,263
-
3,263
At 31 July 2024
-
4,351
-
4,351
Amounts falling due within one year
Trade debtors
16,742
9,649
Other debtors
26,299
29,116
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
59,959
47,633
7
Transactions with related parties
Included in Other Debtors is an amount of £26,299 owed to the company by Living Mind Wellbeing Limited. The two companies are connected as they share the same directors.
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).