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Company Registration No. 11383549 (England and Wales)
THE NATURAL LIFESTYLE COMPANY LTD Unaudited accounts for the year ended 31 May 2023
THE NATURAL LIFESTYLE COMPANY LTD Unaudited accounts Contents
Page
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THE NATURAL LIFESTYLE COMPANY LTD Company Information for the year ended 31 May 2023
Director
Jeyda Yilmaz
Company Number
11383549 (England and Wales)
Registered Office
10 GREAT GEORGE STREET WEYMOUTH DT4 8NN ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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THE NATURAL LIFESTYLE COMPANY LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,080 
15,159 
Current assets
Inventories
1,500 
3,528 
Cash at bank and in hand
272 
926 
1,772 
4,454 
Creditors: amounts falling due within one year
(4,690)
(2,765)
Net current (liabilities)/assets
(2,918)
1,689 
Total assets less current liabilities
8,162 
16,848 
Creditors: amounts falling due after more than one year
(14,275)
(19,274)
Provisions for liabilities
Deferred tax
(790)
(790)
Net liabilities
(6,903)
(3,216)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,904)
(3,217)
Shareholders' funds
(6,903)
(3,216)
For the year ending 31 May 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 her 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 6 February 2024 and were signed on its behalf by
Jeyda Yilmaz Director Company Registration No. 11383549
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THE NATURAL LIFESTYLE COMPANY LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
THE NATURAL LIFESTYLE COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 11383549. The registered office is 10 GREAT GEORGE STREET, WEYMOUTH, DT4 8NN, ENGLAND.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% straight line
Computer equipment
33% straight line
Going concern
The director has considered the effect of future events on the company and has determined that they do not create a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.
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THE NATURAL LIFESTYLE COMPANY LTD Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
19,859 
343 
20,202 
At 31 May 2023
19,859 
343 
20,202 
Depreciation
At 1 June 2022
4,807 
236 
5,043 
Charge for the year
3,972 
107 
4,079 
At 31 May 2023
8,779 
343 
9,122 
Net book value
At 31 May 2023
11,080 
- 
11,080 
At 31 May 2022
15,052 
107 
15,159 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
129 
Other creditors
1,247 
- 
Loans from directors
2,751 
1,864 
Accruals
692 
772 
4,690 
2,765 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,183 
8,059 
Obligations under finance leases and hire purchase contracts
7,092 
11,215 
14,275 
19,274 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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