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Company Registration No. 15473261 (England and Wales)
The Living Palette Ltd Unaudited accounts for the year ended 28 February 2026
The Living Palette Ltd Unaudited accounts Contents
Page
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The Living Palette Ltd Company Information for the year ended 28 February 2026
Director
Levi Naidu-Mitchell
Company Number
15473261 (England and Wales)
Registered Office
20 Wenlock Road London N1 7GU United Kingdom
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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The Living Palette Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
382 
- 
Current assets
Debtors
- 
190 
Cash at bank and in hand
18,284 
22,624 
18,284 
22,814 
Creditors: amounts falling due within one year
(782)
(4,994)
Net current assets
17,502 
17,820 
Net assets
17,884 
17,820 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
17,883 
17,819 
Shareholders' funds
17,884 
17,820 
For the year ending 28 February 2026 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 director acknowledges his 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 and authorised for issue on 15 August 2026 and were signed on its behalf by
Levi Naidu-Mitchell Director Company Registration No. 15473261
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The Living Palette Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
The Living Palette Ltd is a private company, limited by shares, registered in England and Wales, registration number 15473261. The registered office is 20 Wenlock Road, London, N1 7GU, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2025
- 
Additions
429 
At 28 February 2026
429 
Depreciation
Charge for the year
47 
At 28 February 2026
47 
Net book value
At 28 February 2026
382 
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The Living Palette Ltd Notes to the Accounts for the year ended 28 February 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
190 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
302 
4,526 
Accruals
480 
468 
782 
4,994 
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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