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Company registration number: 08894859
Life is Balance Limited
Unaudited filleted financial statements
29 February 2024
Life is Balance Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Life is Balance Limited
Directors and other information
Directors Mr Solomon Arthur Smith
Mr Steve John Baker
Mr Kester Edward Smith
Company number 08894859
Registered office 156 Devonshire Street
Sheffield
S3 7SG
Accountants Dey & Co.
Brookdale
41 Clarence Road
Chesterfield
Derbyshire
S40 1LH
Life is Balance Limited
Statement of financial position
29 February 2024
2024 2023
£ £ £ £
Fixed assets 1,328 2,212
_______ _______
Current assets 97,806 90,956
Prepayments and accrued income 318 1,123
_______ _______
98,124 92,079
Creditors: amounts falling due within one year ( 97,769) ( 91,520)
_______ _______
Net current assets 355 559
_______ _______
Total assets less current liabilities 1,683 2,771
Accruals and deferred income ( 1,292) ( 2,253)
_______ _______
Net assets 391 518
_______ _______
Capital and reserves 391 518
_______ _______
Notes to the financial statements
Life is Balance Limited
Year ended 29 February 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 4 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Solomon Arthur Smith ( 42,339) 85 ( 42,254)
Mr Steve John Baker ( 42,339) 85 ( 42,254)
Mr Kester Edward Smith ( 4,000) ( 2,000) ( 6,000)
_______ _______ _______
( 88,678) ( 1,830) ( 90,508)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Solomon Arthur Smith ( 40,372) ( 1,967) ( 42,339)
Mr Steve John Baker ( 40,372) ( 1,967) ( 42,339)
Mr Kester Edward Smith ( 4,000) - ( 4,000)
_______ _______ _______
( 84,744) ( 3,934) ( 88,678)
_______ _______ _______
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 May 2024 , and are signed on behalf of the board by:
Mr Solomon Arthur Smith
Director
Company registration number: 08894859
The company is a private company limited by shares, registered in England & Wales.