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REGISTERED NUMBER: 03315456 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

LIFESTYLE ESTATES LIMITED

LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIFESTYLE ESTATES LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: P Scott





SECRETARY: A F Greenwood





REGISTERED OFFICE: Cleeve Mill
Cleeve Road
Goring-on-Thames
Reading
Berkshire
RG8 9DB





REGISTERED NUMBER: 03315456 (England and Wales)





ACCOUNTANTS: Riley & Co Limited
52 St Johns Lane
Halifax
West Yorkshire
HX1 2BW

LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 2,165,166 1,968,333
2,165,166 1,968,333

CURRENT ASSETS
Debtors 6 8,443 13,894
Cash at bank 365,092 335,347
373,535 349,241
CREDITORS
Amounts falling due within one year 7 27,799 28,539
NET CURRENT ASSETS 345,736 320,702
TOTAL ASSETS LESS CURRENT LIABILITIES 2,510,902 2,289,035

PROVISIONS FOR LIABILITIES 272,187 170,923
NET ASSETS 2,238,715 2,118,112

CAPITAL AND RESERVES
Called up share capital 813,001 813,001
Retained earnings 1,425,714 1,305,111
SHAREHOLDERS' FUNDS 2,238,715 2,118,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)

Balance Sheet - continued
31 March 2023


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 director and authorised for issue on 3 November 2023 and were signed by:





P Scott - Director


LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Lifestyle Estates 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.

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.

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 etc - 33% on cost, 20% on cost and 10% on cost

Taxation
Taxation for the year 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 year 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 year was NIL (2022 - 1 ).

LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 174,386
Disposals (1,730 )
At 31 March 2023 172,656
DEPRECIATION
At 1 April 2022 174,386
Eliminated on disposal (1,730 )
At 31 March 2023 172,656
NET BOOK VALUE
At 31 March 2023 -

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
38 Cave Street 357,500 325,000
Lime Walk property 1,141,250 1,037,500
38 Market Square, Witney 190,666 173,333
13 Evelyn Court, Oxford 132,000 120,000
11 Evelyn Court, Oxford 165,000 150,000
11a Evelyn Court, Oxford 178,750 162,500
2,165,166 1,968,333

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 8,443 13,894

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 24,547 25,733
Other creditors 3,252 2,806
27,799 28,539

LIFESTYLE ESTATES LIMITED (REGISTERED NUMBER: 03315456)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
P Scott
Balance outstanding at start of year 5,146 (44 )
Amounts advanced 52,759 5,190
Amounts repaid (50,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,905 5,146