LIVING SERVICES LTD

Company Registration Number:
10323828 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

LIVING SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

LIVING SERVICES LTD

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 71 71
Tangible assets: 4 5,309 3,323
Total fixed assets: 5,380 3,394
Current assets
Debtors:   41,745 77,598
Cash at bank and in hand: 22,847 40,879
Total current assets: 64,592 118,477
Creditors: amounts falling due within one year:   (56,864) (48,731)
Net current assets (liabilities): 7,728 69,746
Total assets less current liabilities: 13,108 73,140
Creditors: amounts falling due after more than one year:   (19,062) (29,097)
Total net assets (liabilities): (5,954) 44,043
Capital and reserves
Called up share capital: 300 300
Profit and loss account: (6,254) 43,743
Shareholders funds: (5,954) 44,043

The notes form part of these financial statements

LIVING SERVICES LTD

Balance sheet statements

For the year ending 31 August 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 07 August 2024
and signed on behalf of the board by:

Name: T S Ng
Status: Director

The notes form part of these financial statements

LIVING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 33% on cost and 25% on reducing balance

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LIVING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 9 9

LIVING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Intangible Assets

Total
Cost £
At 01 September 2022 71
At 31 August 2023 71
Net book value
At 31 August 2023 71
At 31 August 2022 71

LIVING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible Assets

Total
Cost £
At 01 September 2022 14,650
Additions 3,757
At 31 August 2023 18,407
Depreciation
At 01 September 2022 11,327
Charge for year 1,771
At 31 August 2023 13,098
Net book value
At 31 August 2023 5,309
At 31 August 2022 3,323