Company Registration No. 11695825 (England and Wales)
Life of Reilly Ltd
Unaudited accounts
for the year ended 30 November 2023
Life of Reilly Ltd
Unaudited accounts
Contents
Life of Reilly Ltd
Company Information
for the year ended 30 November 2023
Company Number
11695825 (England and Wales)
Registered Office
7A WARWICK PARADE
KENTON LANE
HARROW
MIDDLESEX
HA3 8SA
UNITED KINGDOM
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
Life of Reilly Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
71,338
66,368
Cash at bank and in hand
105,668
95,728
Creditors: amounts falling due within one year
(112,962)
(73,570)
Net current assets
100,400
89,351
Total assets less current liabilities
171,738
155,719
Creditors: amounts falling due after more than one year
(14,786)
(24,661)
Net assets
156,952
131,058
Called up share capital
1
1
Profit and loss account
156,951
131,057
Shareholders' funds
156,952
131,058
For the year ending 30 November 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 his 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 22 August 2024 and were signed on its behalf by
Mr B Reilly
Director
Company Registration No. 11695825
Life of Reilly Ltd
Notes to the Accounts
for the year ended 30 November 2023
Life of Reilly Ltd is a private company, limited by shares, registered in England and Wales, registration number 11695825. The registered office is 7A WARWICK PARADE, KENTON LANE, HARROW, MIDDLESEX, HA3 8SA, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
65,000
3,244
68,244
At 30 November 2023
65,000
10,327
75,327
At 1 December 2022
-
1,876
1,876
Charge for the year
-
2,113
2,113
At 30 November 2023
-
3,989
3,989
At 30 November 2023
65,000
6,338
71,338
At 30 November 2022
65,000
1,368
66,368
Amounts falling due within one year
Other debtors
102,694
62,193
Life of Reilly Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,160
11,160
Taxes and social security
101,802
62,410
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).