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Company Registration No. 07882608 (England and Wales)
LIFELINE FITNESS LIMITED Unaudited accounts for the year ended 31 March 2023
LIFELINE FITNESS LIMITED Unaudited accounts Contents
Page
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LIFELINE FITNESS LIMITED Company Information for the year ended 31 March 2023
Director
Graeme Dale LIVINGSTONE
Company Number
07882608 (England and Wales)
Registered Office
HOLLAND ROAD HURST GREEN OXTED SURREY RH8 9BQ
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LIFELINE FITNESS LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,273 
4,586 
Current assets
Debtors
121,303 
118,210 
Cash at bank and in hand
- 
632 
121,303 
118,842 
Creditors: amounts falling due within one year
(95,237)
(90,425)
Net current assets
26,066 
28,417 
Total assets less current liabilities
28,339 
33,003 
Creditors: amounts falling due after more than one year
(150,000)
(150,000)
Net liabilities
(121,661)
(116,997)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(121,662)
(116,998)
Shareholders' funds
(121,661)
(116,997)
For the year ending 31 March 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 12 January 2024 and were signed on its behalf by
Graeme Dale LIVINGSTONE Director Company Registration No. 07882608
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LIFELINE FITNESS LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
LIFELINE FITNESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07882608. The registered office is HOLLAND ROAD, HURST GREEN, OXTED, SURREY, RH8 9BQ.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The director is of the opinion that preparing the accounts based on a going concern approach is suitable. The director commits to providing financial support to ensure the company can fulfill its obligations in the foreseeable future. Additionally, the director has decided that any repayment of personal funds will not be pursued until the company possesses adequate funds for such repayment
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
37,500 
At 31 March 2023
37,500 
Amortisation
At 1 April 2022
37,500 
At 31 March 2023
37,500 
Net book value
At 31 March 2023
- 
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LIFELINE FITNESS LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
43,093 
75,420 
5,417 
123,930 
At 31 March 2023
43,093 
75,420 
5,417 
123,930 
Depreciation
At 1 April 2022
43,093 
70,834 
5,417 
119,344 
Charge for the year
- 
2,313 
- 
2,313 
At 31 March 2023
43,093 
73,147 
5,417 
121,657 
Net book value
At 31 March 2023
- 
2,273 
- 
2,273 
At 31 March 2022
- 
4,586 
- 
4,586 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
528 
Other debtors
121,303 
117,682 
121,303 
118,210 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
25,089 
28,123 
Taxes and social security
- 
1,402 
Other creditors
31,165 
20,577 
Loans from directors
38,983 
40,323 
95,237 
90,425 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
150,000 
150,000 
9
Average number of employees
During the year the average number of employees was 0 (2022: 1).
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