Company Registration No. 07957877 (England and Wales)
LIFE CYCLE FILMS LIMITED
Unaudited accounts
for the year ended 28 February 2023
LIFE CYCLE FILMS LIMITED
Unaudited accounts
Contents
LIFE CYCLE FILMS LIMITED
Company Information
for the year ended 28 February 2023
Company Number
07957877 (England and Wales)
Registered Office
29 Wordsworth Place
London
NW5 4HG
Accountants
TFA Partners Ltd
10 East Fen Road
Isleham
Ely
Cambridgeshire
CB7 5SW
LIFE CYCLE FILMS LIMITED
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
904
1,244
Creditors: amounts falling due within one year
(39,207)
(39,205)
Net current liabilities
(38,303)
(37,961)
Net liabilities
(38,303)
(37,961)
Called up share capital
100
100
Profit and loss account
(38,403)
(38,061)
Shareholders' funds
(38,303)
(37,961)
For the year ending 28 February 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 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 27 November 2023 and were signed on its behalf by
Monty Wates
Director
Company Registration No. 07957877
LIFE CYCLE FILMS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
LIFE CYCLE FILMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07957877. The registered office is 29 Wordsworth Place, London, NW5 4HG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
5 Year Straight Line
Computer equipment
4 Year Straight Line
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
21,293
6,203
27,496
At 28 February 2023
21,293
6,203
27,496
At 1 March 2022
21,293
6,203
27,496
At 28 February 2023
21,293
6,203
27,496
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
38,715
38,715
LIFE CYCLE FILMS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).