IRIS Accounts Production v23.3.0.418 04082782 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040827822022-03-31040827822023-03-31040827822022-04-012023-03-31040827822021-03-31040827822021-04-012022-03-31040827822022-03-3104082782ns16:EnglandWales2022-04-012023-03-3104082782ns15:PoundSterling2022-04-012023-03-3104082782ns11:Director12022-04-012023-03-3104082782ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3104082782ns11:SmallEntities2022-04-012023-03-3104082782ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3104082782ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104082782ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3104082782ns11:AbridgedAccounts2022-04-012023-03-310408278212022-04-012023-03-3104082782ns11:Director22022-04-012023-03-3104082782ns11:RegisteredOffice2022-04-012023-03-3104082782ns6:CurrentFinancialInstruments2023-03-3104082782ns6:CurrentFinancialInstruments2022-03-3104082782ns6:Non-currentFinancialInstruments2023-03-3104082782ns6:Non-currentFinancialInstruments2022-03-3104082782ns6:ShareCapital2023-03-3104082782ns6:ShareCapital2022-03-3104082782ns6:RetainedEarningsAccumulatedLosses2023-03-3104082782ns6:RetainedEarningsAccumulatedLosses2022-03-3104082782ns6:NetGoodwill2022-04-012023-03-3104082782ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104082782ns6:PlantMachinery2022-04-012023-03-3104082782ns6:FurnitureFittings2022-04-012023-03-3104082782ns6:ComputerEquipment2022-04-012023-03-31
REGISTERED NUMBER: 04082782 (England and Wales)












LIFELINE LANGUAGE SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LIFELINE LANGUAGE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs L V Everson
Mr M L Everson





REGISTERED OFFICE: Suite 2, 8th Floor
Marshall House
Ringway
Preston
Lancashire
PR1 2QD





REGISTERED NUMBER: 04082782 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB

LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)

ABRIDGED BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,382 2,767
Investments 6 56,137 56,137
58,519 58,904

CURRENT ASSETS
Debtors 77,104 97,017
Cash at bank and in hand 9,498 3,286
86,602 100,303
CREDITORS
Amounts falling due within one year 138,936 179,837
NET CURRENT LIABILITIES (52,334 ) (79,534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,185

(20,630

)

CREDITORS
Amounts falling due after more than
one year

(66,739

)

(38,446

)

PROVISIONS FOR LIABILITIES (1,537 ) (1,537 )
NET LIABILITIES (62,091 ) (60,613 )

LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings (72,091 ) (70,613 )
SHAREHOLDERS' FUNDS (62,091 ) (60,613 )

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by:





Mrs L V Everson - Director


LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Lifeline Language Services 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on a going concern basis, the validity of which may be inappropriate as at 31 March 2023, the company's total liabilities exceeded its total assets by £62,091. The financial statements do not include any adjustment that may result from the company ceasing to trade. The directors have lent £65,760 to the company and have indicated that they do not require these funds to be repaid at present.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisitions of other businesses, is amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 45,200
AMORTISATION
At 1 April 2022
and 31 March 2023 45,200
NET BOOK VALUE

At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022 76,656
Additions 1,200
At 31 March 2023 77,856
DEPRECIATION
At 1 April 2022 73,889
Charge for year 1,585
At 31 March 2023 75,474
NET BOOK VALUE
At 31 March 2023 2,382
At 31 March 2022 2,767

LIFELINE LANGUAGE SERVICES LIMITED (REGISTERED NUMBER: 04082782)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2022
and 31 March 2023 56,137
NET BOOK VALUE
At 31 March 2023 56,137
At 31 March 2022 56,137

7. ULTIMATE CONTROLLING PARTY

The company is considered to be controlled by the directors, Mr M L and Mrs L V Everson.