Living By Sophia Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10910685

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		1,552,395		955,314
Investments	6		84,849		17,001

			1,637,244		972,315
CURRENT ASSETS
Debtors	7	131,695		482,671
Cash at bank and in hand		32,330		20,016

		164,025		502,687
Creditors: Amounts Falling Due Within One Year	8	(189,089 )		(343,191 )

NET CURRENT ASSETS (LIABILITIES)			(25,064 )		159,496

TOTAL ASSETS LESS CURRENT LIABILITIES			1,612,180		1,131,811

Creditors: Amounts Falling Due After More Than One Year	9		(1,065,582 )		(695,178 )

NET ASSETS			546,598		436,633

CAPITAL AND RESERVES
Called up share capital	10		2		2
Revaluation reserve			147,109		103,729
Profit and Loss Account			399,487		332,902

SHAREHOLDERS' FUNDS			546,598		436,633

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Living By Sophia Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss S L Morbey

Director

23 July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Living By Sophia Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10910685 . The registered office is The Granary, Butlas Court, Plymouth, Devon, PL7 5AB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

33% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Living By Sophia Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 November 2024	1,160

As at 31 October 2025	1,160

Depreciation
As at 1 November 2024	1,160

As at 31 October 2025	1,160

Net Book Value
As at 31 October 2025	-

As at 1 November 2024	-

5. Investment Property

	2025
	£
Fair Value
As at 1 November 2024	955,314
Additions	986,395
Disposals	(389,314 )

As at 31 October 2025	1,552,395

6. Investments

	Subsidiaries	Other	Total
	£	£	£
Cost
As at 1 November 2024	1	17,000	17,001
Additions	-	67,848	67,848

As at 31 October 2025	1	84,848	84,849

Provision
As at 1 November 2024	-	-	-

As at 31 October 2025	-	-	-

Net Book Value
As at 31 October 2025	1	84,848	84,849

As at 1 November 2024	1	17,000	17,001

Details of undertakings

Details of the investments (including principal place of business of unincorporated enitities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

As at 31 October2025, the Company held the following investment in its subsidiary:

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Living By Sophia Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Subsidiary undertakings	Registered office	Holding	Proportion of voting rights and shares
Emma Place Living Limited	The Granary Butlas Court Plymouth PL7 5AB	Ordinary shares	100%
Emma Place Management Limited	24 Howe End Kirkbymoorside York YO62 6BD	Ordinary shares	56%

7. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	2,779	429,916
Other debtors	128,916	52,755

	131,695	482,671

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,313	4,208
Bank loans and overdrafts	2,920	18,628
Other creditors	145,754	320,355
Taxation and social security	35,102	-

	189,089	343,191

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,065,582	695,178

The mortgage included in bank loans is secured on property in investment property.

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Living By Sophia Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Miss Sophie Morbey	(1,838 )	541,949	366,676	-	101,538

Interest is charged on the above loan at the standard HMRC rate.

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