REGISTERED NUMBER: 14915415 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Living Home Properties Europe Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

470,533

90,000

CURRENT ASSETS

Debtors

5

10,251

475

Cash at bank

1,314

722

11,565

1,197

CREDITORS

Amounts falling due within one year

6

363,531

119,366

NET CURRENT LIABILITIES

(351,966

)

(118,169

)

TOTAL ASSETS LESS CURRENT LIABILITIES

118,567

(28,169

)

CREDITORS

Amounts falling due after more than one year

7

169,687

-

NET LIABILITIES

(51,120

)

(28,169

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

734

-

Retained earnings

(51,954

)

(28,269

)

SHAREHOLDERS' FUNDS

(51,120

)

(28,169

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 15 May 2026 and were signed on its behalf by:

Mrs Marielle Anna Behrmann - Director

1.	STATUTORY INFORMATION

Living Home Properties Europe Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14915415

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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 represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment properties that are complete and available for letting are measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise. Properties that are under refurbishment or not yet capable of being let are carried at cost, as fair value cannot be reliably determined at the balance sheet date.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £51,120. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

90,000

Additions

379,799

Revaluations

734

Impairments

(13,071

)

Reversal of impairments

13,071

At 30 June 2025

470,533

NET BOOK VALUE

At 30 June 2025

470,533

At 30 June 2024

90,000

Investment property situated at 64 Clydach Road, Tonypandy, CF40 2DQ is under a charge from Hampshire Trust Bank PLC. The charge was created on 13 December 2024.

Investment property situated at 9 Newcastle Terrace, Framwellgate Moor, Durham, DH1 5EG is under a charge from Romaco Spv 10 Limited. The charge was created on 6 May 2025.

Fair value at 30 June 2025 is represented by:

£

Valuation in 2024

(13,071

)

Valuation in 2025

13,805

Cost

469,799

470,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

10,251

475

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

112,500

-

Other creditors

251,031

119,366

363,531

119,366

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

159,473

-

Other creditors

10,214

-

169,687

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

159,473

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

271,973

-

The loan amounting to £159,473 is secured by the way of charge on the property situated at 64 Clydach Road, Tonypandy, CF40 2DQ (disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 13 December 2024.

The loan amounting to £112,500 is secured by the way of charge on the property situated at 9 Newcastle Terrace, Framwellgate Moor, Durham, DH1 5EG (disclosed as investment property). The charge was created in the name of Romaco Spv 10 Limited on 6 May 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

Transfer to/from reserves

734

At 30 June 2025

734

11.	RELATED PARTY DISCLOSURES

The company owes £61,995 (2024: £59,695) to its director, Mrs Marielle Anna Behrmann who is a 26% shareholder of the company as at accounting year end date.

The company owes £70,252 (2024: £59,671) to its director, Mrs Johanna Cecilia Gothesson who is a 50% shareholder of the company as at accounting year end date.