LIFESTYLE CANOPIES LIMITED

Company Registration Number:
09585722 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

LIFESTYLE CANOPIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

LIFESTYLE CANOPIES LIMITED

Company Information

for the Period Ended 31 May 2023




Director: STEPHEN HUCKLE
Registered office: 3
Vincent Court
Ewood
Blackburn
Lancashire
England
BB2 4LD
Company Registration Number: 09585722 (England and Wales)

LIFESTYLE CANOPIES LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 16,723 21,548
Total fixed assets: 16,723 21,548
Current assets
Cash at bank and in hand: 30,340 87,418
Total current assets: 30,340 87,418
Creditors: amounts falling due within one year: 5 ( 51,018 ) ( 92,014 )
Net current assets (liabilities): ( 20,678 ) ( 4,596 )
Total assets less current liabilities: ( 3,955 ) 16,952
Provision for liabilities: ( 3,177 ) ( 4,094 )
Total net assets (liabilities): ( 7,132 ) 12,858

The notes form part of these financial statements

LIFESTYLE CANOPIES LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 7,133 ) 12,857
Shareholders funds: ( 7,132 ) 12,858

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 December 2023
And Signed On Behalf Of The Board By:

Name: STEPHEN HUCKLE
Status: Director

The notes form part of these financial statements

LIFESTYLE CANOPIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced provision of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever the shorter.

    Office equipment - 15% on reducing balance
    Motor vehicles - 25% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

LIFESTYLE CANOPIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 2

LIFESTYLE CANOPIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

LIFESTYLE CANOPIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Office equipment Motor vehicles Total
Cost £ £ £
At 01 June 2022 4,750 38,000 42,750
Additions 380 - 380
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2023 5,130 38,000 43,130
Depreciation
At 01 June 2022 2,363 18,839 21,202
Charge for year 415 4,790 5,205
On disposals - - -
Other adjustments - - -
At 31 May 2023 2,778 23,629 26,407
Net book value
At 31 May 2023 2,352 14,371 16,723
At 31 May 2022 2,387 19,161 21,548

LIFESTYLE CANOPIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 22,787
Taxation and social security 6,789 20,804
Accruals and deferred income 1,250 950
Other creditors 42,979 47,473
Total 51,018 92,014