Loveeverything.com Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07255787 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LOVEEVERYTHING.COM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Devine

I A Major

R J Cartmell

REGISTERED OFFICE:

Second Floor Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

REGISTERED NUMBER:

07255787 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

158,129

257,297

Investments

6

1

158,130

257,298

CURRENT ASSETS

Stocks

7

1,501,044

1,027,143

Debtors

8

5,213,606

1,926,913

Cash at bank

2,137

2,025

6,716,787

2,956,081

CREDITORS

Amounts falling due within one year

9

6,828,853

2,804,710

NET CURRENT (LIABILITIES)/ASSETS

(112,066

)

151,371

TOTAL ASSETS LESS CURRENT LIABILITIES

46,064

408,669

PROVISIONS FOR LIABILITIES

32,000

55,000

NET ASSETS

14,064

353,669

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

10

14,062

353,667

14,064

353,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 10 September 2026 and were signed on its behalf by:

R J Cartmell - Director

1.	STATUTORY INFORMATION

Loveeverything.com Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Critical accounting judgements and key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Impairment of fixed assets

Determine whether there are indicators of impairment of the company's fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Estimating the fair value and value in use

The Directors have made estimates of the fair value of financial instruments using suitable, available evidence.

Where there is an indication that fixed assets have been impaired, the Directors have carried out an impairment review to determine the recoverable amount, which is the higher of fair value less cost to sell and value in use. The value in use calculation requires the Directors to estimate the future cash flows expected to arise from the asset or the cash generating unit, and a suitable discount rate in order to calculate present value.

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issued such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Domain names are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Plant and machinery

-

33% straight line

Computer equipment

-

33% straight line

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2025 - 41 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

3,544

AMORTISATION

At 1 April 2025

and 31 March 2026

3,544

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2025

2,997

465,097

55,913

524,007

Additions

-

2,847

At 31 March 2026

2,997

465,097

58,760

526,854

DEPRECIATION

At 1 April 2025

2,997

220,348

43,365

266,710

Charge for year

-

93,019

8,996

102,015

At 31 March 2026

2,997

313,367

52,361

368,725

NET BOOK VALUE

At 31 March 2026

-

151,730

6,399

158,129

At 31 March 2025

-

244,749

12,548

257,297

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

26,002

PROVISIONS

At 1 April 2025

and 31 March 2026

26,001

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

Loveeating.com Ltd and Lovemoney.com Limited are 100% direct subsidiary undertakings of the company. Lovemoney.com Financial Services Limited is a 100% indirect subsidiary undertaking of the company.

7.

STOCKS

2026

2025

£

Stocks

1,501,044

1,027,143

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

216,083

1,017,583

Amounts owed by group undertakings

3,052

Other debtors

4,912,155

881,104

Directors' current accounts

6,479

-

Tax

57,865

-

Prepayments and accrued income

17,972

25,174

5,213,606

1,926,913

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

80

-

Trade creditors

20,354

62,202

Amounts owed to group undertakings

6,313,831

1,813,965

Tax

-

782,911

Social security and other taxes

17,570

51,914

VAT

3,055

37,907

Other creditors

16,961

24,955

Accruals and deferred income

457,002

30,856

6,828,853

2,804,710

10.

RESERVES

All amounts held in the profit and loss reserve are considered to be distributable reserves. Dividends distributed in the year were £nil (2025: £13,250,000).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, a director owed the company £6,479 (2025 £nil). The loan accrues no interest and is repayable on demand.

12.	RELATED PARTY DISCLOSURES

During the year the company advanced its loan to AWW Property Ventures Limited, a company controlled by S Devine. The balance owed by AWW Property Ventures Limited at 31 March 2026 was £4,821,580 (2025: £879,115).The loan accrues interest at 6% per annum.

13.	ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Loveeverything Group Limited, a company registered in England and Wales. The company's ultimate parent is Loveeverything Group Employee Trust. No parent prepares publicly available consolidated financial statements that contain this company.