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Company registration number: 08894859
Life is Balance Limited
Unaudited filleted financial statements
28 February 2023
Life is Balance Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Life is Balance Limited
Directors and other information
Directors Mr Solomon Arthur Smith
Mr Steve John Baker
Mr Kester Edward Smith
Company number 08894859
Registered office 156 Devonshire Street
Sheffield
S3 7SG
Accountants Dey & Co.
Brookdale
41 Clarence Road
Chesterfield
Derbyshire
S40 1LH
Life is Balance Limited
Statement of financial position
28 February 2023
2023 2022
£ £ £ £
Fixed assets 2,212 2,975
_______ _______
Current assets 90,956 65,941
Prepayments and accrued income 1,123 1,841
_______ _______
92,079 67,782
Creditors: amounts falling due within one year ( 91,520) ( 83,379)
_______ _______
Net current assets/(liabilities) 559 ( 15,597)
_______ _______
Total assets less current liabilities 2,771 ( 12,622)
Accruals and deferred income ( 2,253) ( 2,220)
_______ _______
Net assets/(liabilities) 518 ( 14,842)
_______ _______
Capital and reserves 518 ( 14,842)
_______ _______
Notes to the financial statements
Life is Balance Limited
Year ended 28 February 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 3 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Solomon Arthur Smith ( 40,372) ( 1,887) ( 42,259)
Mr Steve John Baker ( 40,372) ( 1,887) ( 42,259)
_______ _______ _______
( 80,744) ( 3,774) ( 84,518)
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Solomon Arthur Smith ( 12,035) ( 28,337) ( 40,372)
Mr Steve John Baker ( 12,035) ( 28,337) ( 40,372)
_______ _______ _______
( 24,070) ( 56,674) ( 80,744)
_______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 12 June 2023 , and are signed on behalf of the board by:
Mr Solomon Arthur Smith
Director
Company registration number: 08894859
The company is a private company limited by shares, registered in England & Wales.