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Company Registration No. 11151587 (England and Wales)
LIFE ALLIANCE LTD Unaudited accounts for the year ended 30 June 2023
LIFE ALLIANCE LTD Unaudited accounts Contents
Page
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LIFE ALLIANCE LTD Company Information for the year ended 30 June 2023
Director
TIMBS, Carla
Company Number
11151587 (England and Wales)
Registered Office
62 Beach Avenue Whitley Bay NE26 1DZ
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LIFE ALLIANCE LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,740 
9,099 
Current assets
Debtors
4,055 
345 
Cash at bank and in hand
2,211 
1,317 
6,266 
1,662 
Creditors: amounts falling due within one year
(39,520)
(24,099)
Net current liabilities
(33,254)
(22,437)
Total assets less current liabilities
(28,514)
(13,338)
Creditors: amounts falling due after more than one year
(21,179)
(23,735)
Net liabilities
(49,693)
(37,073)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(49,694)
(37,074)
Shareholders' funds
(49,693)
(37,073)
For the year ending 30 June 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 3 October 2023 and were signed on its behalf by
TIMBS, Carla Director Company Registration No. 11151587
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LIFE ALLIANCE LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
LIFE ALLIANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 11151587. The registered office is 62 Beach Avenue, Whitley Bay, NE26 1DZ.
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.
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
Straight line over 5 years
Fixtures & fittings
Straight line over 3 years
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
6,174 
13,517 
19,691 
At 30 June 2023
6,174 
13,517 
19,691 
Depreciation
At 1 July 2022
4,940 
5,652 
10,592 
Charge for the year
1,235 
3,124 
4,359 
At 30 June 2023
6,175 
8,776 
14,951 
Net book value
At 30 June 2023
(1)
4,741 
4,740 
At 30 June 2022
1,234 
7,865 
9,099 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
4,055 
345 
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LIFE ALLIANCE LTD Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
20,170 
7,000 
Taxes and social security
4,966 
7,099 
Proposed dividends
- 
10,000 
Other creditors
14,384 
- 
39,520 
24,099 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,179 
23,735 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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