REGISTERED NUMBER: 16013442 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 11 OCTOBER 2024 TO 31 OCTOBER 2025

FOR

COLLECTIVE LIVING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T J Stratton

S J Stratton

REGISTERED OFFICE:

4 Wilmar Gardens

West Wickham

United Kingdom

BR4 0LH

REGISTERED NUMBER:

16013442 (England and Wales)

ACCOUNTANTS:

McDaid & Partners

Stanley House

69/71 Hamilton Road

Motherwell

Lanarkshire

ML1 3DG

FIXED ASSETS

Tangible assets

4

7,876

Investment property

5

656,191

664,067

CURRENT ASSETS

Debtors

6

13,124

Cash at bank

3,273

16,397

CREDITORS

Amounts falling due within one year

7

350,496

NET CURRENT LIABILITIES

(334,099

)

TOTAL ASSETS LESS CURRENT LIABILITIES

329,968

CREDITORS

Amounts falling due after more than one year

8

(317,907

)

PROVISIONS FOR LIABILITIES

(2,380

)

NET ASSETS

9,681

CAPITAL AND RESERVES

Called up share capital

2

Fair value reserve

10

49,156

Retained earnings

(39,477

)

9,681

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 9 July 2026 and were signed on its behalf by:

T J Stratton - Director

1.	STATUTORY INFORMATION

Collective Living Ltd 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.

Tangible fixed assets

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

Fixtures & fittings

-

25% on cost

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.

Financial instruments

Trade debtors

Trade debtors are amounts due from customers for goods or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade creditors are amounts due to suppliers for goods or services obtained in the ordinary course of business.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Cash

Cash and cash equivalents are basic financial assets and include cash on hand, deposits held at call with banks, other short-term liquid investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Taxation

Taxation for the period 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

& fittings

£

COST

Additions

8,760

At 31 October 2025

8,760

DEPRECIATION

Charge for period

884

At 31 October 2025

884

NET BOOK VALUE

At 31 October 2025

7,876

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

604,655

Revaluations

51,536

At 31 October 2025

656,191

NET BOOK VALUE

At 31 October 2025

656,191

Fair value at 31 October 2025 is represented by:

£

Valuation in 2026

51,536

Cost

604,655

656,191

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

£

Cost

604,655

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

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

13,124

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

870

Other creditors

349,626

350,496

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to group undertakings

317,907

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Together mortgage

276,219

Together Commercial Finance Limited hold a standard security over the property at 176 Caerleon Road, Newport NP 19 7GQ.Since the financial year end security has transferred to Lendinvest BTL Limited.

Together Commercial Finance Limited hold a standard security over the property at 8 Clyffard Crescent, Newport NP20 4GE. Since the financial year end security has transferred to Onesavings Bank PLC.

S&T Stratton hold personal guarantees for the Together Commercial Finance Limited borrowings.

S&T Stratton hold personal guarantees for the loan from R Lawson.

10.

RESERVES

Fair

value

reserve

£

Fair Value Revaluation

51,536

Deferred tax movement

(2,380

)

At 31 October 2025

49,156

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 October 2025:

£

S J Stratton and T J Stratton

Balance outstanding at start of period

-

Amounts repaid

(997

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(997

)

The Director's loan account is interest free and is repayable on demand.

12.	RELATED PARTY DISCLOSURES