2022-11-01 2023-10-31 false Capium Accounts Production 1.1 08754229 bus:FullAccounts 2022-11-01 2023-10-31 08754229 bus:FRS102 2022-11-01 2023-10-31 08754229 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 08754229 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08754229 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08754229 2022-11-01 2023-10-31 08754229 2023-10-31 08754229 bus:RegisteredOffice 2022-11-01 2023-10-31 08754229 core:WithinOneYear 2023-10-31 08754229 core:AfterOneYear 2023-10-31 08754229 bus:Director1 2022-11-01 2023-10-31 08754229 bus:Director1 2023-10-31 08754229 bus:Director1 2021-11-01 2022-10-31 08754229 bus:Director2 2022-11-01 2023-10-31 08754229 bus:Director2 2023-10-31 08754229 bus:Director2 2021-11-01 2022-10-31 08754229 2021-11-01 08754229 bus:LeadAgentIfApplicable 2022-11-01 2023-10-31 08754229 2021-11-01 2022-10-31 08754229 2022-10-31 08754229 core:WithinOneYear 2022-10-31 08754229 core:AfterOneYear 2022-10-31 08754229 bus:EntityAccountantsOrAuditors 2021-11-01 2022-10-31 08754229 core:PlantMachinery 2022-11-01 2023-10-31 08754229 core:PlantMachinery 2023-10-31 08754229 core:PlantMachinery 2022-10-31 08754229 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 08754229 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-10-31 08754229 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 08754229 core:CostValuation core:Non-currentFinancialInstruments 2022-10-31 08754229 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-10-31 08754229 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 08754229 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 08754229 core:Non-currentFinancialInstruments 2023-10-31 08754229 core:Non-currentFinancialInstruments 2022-10-31 08754229 core:ShareCapital 2023-10-31 08754229 core:ShareCapital 2022-10-31 08754229 core:RetainedEarningsAccumulatedLosses 2023-10-31 08754229 core:RetainedEarningsAccumulatedLosses 2022-10-31 08754229 dpl:Item1 2022-11-01 08754229 dpl:Item1 2023-10-31 08754229 dpl:Item1 2021-11-01 08754229 dpl:Item1 2022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08754229
England and Wales

 

 

 

LIFE IS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 November 2022

End date: 31 October 2023
Directors Dr Pinelopi Kechagioglou
Mr Michail Kavouras
Registered Number 08754229
Registered Office 7 Manor Drive
Stretton on Dunsmore
Rugby
CV23 9LZ
Accountants Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 789   
789   
Current assets      
Cash at bank and in hand 157,517    137,301 
Creditors: amount falling due within one year 4 (16,405)   (22,355)
Net current assets 141,112    114,946 
 
Total assets less current liabilities 141,901    114,946 
Net assets 141,901    114,946 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 141,899    114,944 
Shareholders' funds 141,901    114,946 
 


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 30 July 2024 and were signed on its behalf by:


-------------------------------
Dr Pinelopi Kechagioglou
Director
2
General Information
Life Is Ltd is a private company, limited by shares, registered in England and Wales, registration number 08754229, registration address 7 Manor Drive, Stretton on Dunsmore, Rugby, CV23 9LZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 10% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 November 2022  
Additions 877    877 
Disposals  
At 31 October 2023 877    877 
Depreciation
At 01 November 2022  
Charge for year 88    88 
On disposals  
At 31 October 2023 88    88 
Net book values
Closing balance as at 31 October 2023 789    789 
Opening balance as at 01 November 2022  


4.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 1,410    (1)
Corporation Tax 8,249    14,276 
Accrued Expenses   690 
Directors' Current Accounts 6,746    7,390 
16,405    22,355 

3