LIFEBOX THEATRE LTD

Company Registration Number:
10230559 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

LIFEBOX THEATRE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

LIFEBOX THEATRE LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,128 2,303
Total fixed assets: 1,128 2,303
Current assets
Debtors:   9,111 9,398
Cash at bank and in hand: 4,221 7,750
Total current assets: 13,332 17,148
Creditors: amounts falling due within one year:   (8,105) (9,692)
Net current assets (liabilities): 5,227 7,456
Total assets less current liabilities: 6,355 9,759
Provision for liabilities: (215) (438)
Total net assets (liabilities): 6,140 9,321
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 6,138 9,319
Shareholders funds: 6,140 9,321

The notes form part of these financial statements

LIFEBOX THEATRE LTD

Balance sheet statements

For the year ending 30 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 February 2024
and signed on behalf of the board by:

Name: P Mardlin
Status: Director

The notes form part of these financial statements

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Fittings, fixtures and equipment - 33% straight line

Other accounting policies

Taxation:The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.Provisions:Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably.Defined contribution plans:Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 13,949
Additions 122
At 30 June 2023 14,071
Depreciation
At 01 July 2022 11,646
Charge for year 1,297
At 30 June 2023 12,943
Net book value
At 30 June 2023 1,128
At 30 June 2022 2,303

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Loans to directors

Name of director receiving advance or credit: P Mardlin
Description of the loan: Advance from Director
£
Balance at 01 July 2022 3,509
Advances or credits made: 156
Balance at 30 June 2023 3,665
Name of director receiving advance or credit: H Mardlin
Description of the loan: Advance from Director
£
Balance at 01 July 2022 2,742
Advances or credits made: 156
Balance at 30 June 2023 2,898

Credits provided from the Directors are interest free and repayable on demand.

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Related party transactions

Name of the related party: P Mardlin
Relationship:
Director
Description of the Transaction: During the year P Mardlin received remuneration of £5,523 and dividends of £3,850.
£
Balance at 01 July 2022 0
Balance at 30 June 2023 0
Name of the related party: H Mardlin
Relationship:
Director
Description of the Transaction: During the year H Mardlin received remuneration of £12,570 and dividends of £3,850.
£
Balance at 01 July 2022 0
Balance at 30 June 2023 0

The company is jointly controlled by the two Directors, P and H Mardlin.