IRIS Accounts Production v24.1.0.578 10373783 director 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103737832022-09-30103737832023-09-30103737832022-10-012023-09-30103737832021-09-30103737832021-10-012022-09-30103737832022-09-3010373783ns15:EnglandWales2022-10-012023-09-3010373783ns14:PoundSterling2022-10-012023-09-3010373783ns10:Director12022-10-012023-09-3010373783ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3010373783ns10:SmallEntities2022-10-012023-09-3010373783ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3010373783ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3010373783ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3010373783ns10:FullAccounts2022-10-012023-09-3010373783ns10:OrdinaryShareClass12022-10-012023-09-3010373783ns10:CompanySecretary12022-10-012023-09-3010373783ns10:RegisteredOffice2022-10-012023-09-3010373783ns5:CurrentFinancialInstruments2023-09-3010373783ns5:CurrentFinancialInstruments2022-09-3010373783ns5:ShareCapital2023-09-3010373783ns5:ShareCapital2022-09-3010373783ns5:RetainedEarningsAccumulatedLosses2023-09-3010373783ns5:RetainedEarningsAccumulatedLosses2022-09-3010373783ns5:PlantMachinery2022-10-012023-09-3010373783ns5:FurnitureFittings2022-10-012023-09-3010373783ns5:MotorVehicles2022-10-012023-09-3010373783ns5:ComputerEquipment2022-10-012023-09-3010373783ns5:PlantMachinery2022-09-3010373783ns5:FurnitureFittings2022-09-3010373783ns5:MotorVehicles2022-09-3010373783ns5:ComputerEquipment2022-09-3010373783ns5:PlantMachinery2023-09-3010373783ns5:FurnitureFittings2023-09-3010373783ns5:MotorVehicles2023-09-3010373783ns5:ComputerEquipment2023-09-3010373783ns5:PlantMachinery2022-09-3010373783ns5:FurnitureFittings2022-09-3010373783ns5:MotorVehicles2022-09-3010373783ns5:ComputerEquipment2022-09-3010373783ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3010373783ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3010373783ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 10373783 (England and Wales)


















Lifecycles IT Consultancy Limited

Unaudited Financial Statements

for the Year Ended 30 September 2023






Lifecycles IT Consultancy Limited (Registered number: 10373783)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lifecycles IT Consultancy Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mr D M W Wilson





SECRETARY: Ms S C E House





REGISTERED OFFICE: 7 The Elms
Nine Elms
Swindon
Wiltshire
SN5 5PL





REGISTERED NUMBER: 10373783 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Lifecycles IT Consultancy Limited (Registered number: 10373783)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,636 12,181
Investments 5 70 70
3,706 12,251

CURRENT ASSETS
Debtors 6 91,559 92,239
Cash at bank 660,072 594,144
751,631 686,383
CREDITORS
Amounts falling due within one year 7 (46,543 ) (59,730 )
NET CURRENT ASSETS 705,088 626,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

708,794

638,904

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 708,793 638,903
SHAREHOLDERS' FUNDS 708,794 638,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Lifecycles IT Consultancy Limited (Registered number: 10373783)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





Mr D M W Wilson - Director


Lifecycles IT Consultancy Limited (Registered number: 10373783)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Lifecycles IT Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Lifecycles IT Consultancy Limited (Registered number: 10373783)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 1,683 70 57,540 2,981 62,274
Additions 1,649 - - 2,332 3,981
Disposals (946 ) - - (999 ) (1,945 )
At 30 September 2023 2,386 70 57,540 4,314 64,310
DEPRECIATION
At 1 October 2022 1,199 69 46,032 2,793 50,093
Charge for year 476 - 11,507 352 12,335
Eliminated on disposal (756 ) - - (998 ) (1,754 )
At 30 September 2023 919 69 57,539 2,147 60,674
NET BOOK VALUE
At 30 September 2023 1,467 1 1 2,167 3,636
At 30 September 2022 484 1 11,508 188 12,181

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 October 2022
and 30 September 2023 70
NET BOOK VALUE
At 30 September 2023 70
At 30 September 2022 70

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 56,555 77,126
Other debtors 35,004 15,113
91,559 92,239

Lifecycles IT Consultancy Limited (Registered number: 10373783)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to participating interests 70 70
Taxation and social security 46,338 59,531
Other creditors 135 129
46,543 59,730

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £0.01 1 1