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Company Registration No. 14126282 (England and Wales)
Lifestyle Windows Limited Unaudited accounts for the year ended 31 May 2023
Lifestyle Windows Limited Unaudited accounts Contents
Page
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Lifestyle Windows Limited Company Information for the year ended 31 May 2023
Director
KAUR
Company Number
14126282 (England and Wales)
Registered Office
23 Station Road Chadwell Heath Romford Essex RM6 4BE England
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Lifestyle Windows Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,700 
- 
Current assets
Inventories
15,000 
- 
Debtors
280 
- 
Cash at bank and in hand
11,994 
- 
27,274 
- 
Net current assets
27,274 
- 
Total assets less current liabilities
63,974 
- 
Creditors: amounts falling due after more than one year
(27,000)
- 
Net assets
36,974 
- 
Capital and reserves
Capital redemption reserve
26,310 
- 
Profit and loss account
10,664 
- 
Shareholders' funds
36,974 
- 
For the year ending 31 May 2023 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 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 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 5 October 2023 and were signed on its behalf by
KAUR Director Company Registration No. 14126282
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Lifestyle Windows Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Lifestyle Windows Limited is a private company, limited by shares, registered in England and Wales, registration number 14126282. The registered office is 23 Station Road, Chadwell Heath, Romford, Essex, RM6 4BE, England.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2022
- 
- 
- 
- 
- 
Additions
25,000 
7,500 
3,000 
1,200 
36,700 
At 31 May 2023
25,000 
7,500 
3,000 
1,200 
36,700 
Depreciation
At 31 May 2023
- 
- 
- 
- 
- 
Net book value
At 31 May 2023
25,000 
7,500 
3,000 
1,200 
36,700 
5
Inventories
2023 
2022 
£ 
£ 
Raw materials
9,000 
- 
Work in progress
4,500 
- 
Finished goods
1,500 
- 
15,000 
- 
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised
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Lifestyle Windows Limited Notes to the Accounts for the year ended 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
280 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
27,000 
- 
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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