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Company Registration No. 04410083 (England and Wales)
Back To Life Limited Unaudited accounts for the year ended 30 April 2024
Back To Life Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,049 
13,502 
Current assets
Debtors
111,213 
40,493 
Cash at bank and in hand
70,881 
134,321 
182,094 
174,814 
Creditors: amounts falling due within one year
(132,156)
(79,838)
Net current assets
49,938 
94,976 
Total assets less current liabilities
80,987 
108,478 
Provisions for liabilities
Deferred tax
(5,899)
(2,565)
Net assets
75,088 
105,913 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
74,988 
105,813 
Shareholders' funds
75,088 
105,913 
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Joanna Lynn Lawrence Director Company Registration No. 04410083
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Back To Life Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Back To Life Limited is a private company, limited by shares, registered in England and Wales, registration number 04410083. The registered office is 257 Guildford Road, Effingham, Leatherhead, Surrey, KT24 5NP, England.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "TheFinancialReporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.
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.
Presentation currency
The functional and presentational currency of the company is £ sterling and amounts are rounded to the nearest £.
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
25% reducing balance
Computer equipment
25% reducing balance
Taxation
Taxation for the year comprises current and deferred tax. Current tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity, and at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Current of deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the provision of services i.e. training and courses is recognised in the profit and loss account in the month it takes place.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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Back To Life Limited Notes to the Accounts for the year ended 30 April 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial assets are derecognised when the contractual rights to the cash flow expire or when substantially all the risks and rewards have been transferred. Financial liabilities are derecognised when then contractual obligations to make payments have expired.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
- 
9,858 
11,943 
21,801 
Additions
9,068 
12,267 
1,510 
22,845 
At 30 April 2024
9,068 
22,125 
13,453 
44,646 
Depreciation
At 1 May 2023
- 
3,009 
5,290 
8,299 
Charge for the year
914 
2,574 
1,810 
5,298 
At 30 April 2024
914 
5,583 
7,100 
13,597 
Net book value
At 30 April 2024
8,154 
16,542 
6,353 
31,049 
At 30 April 2023
- 
6,849 
6,653 
13,502 
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Back To Life Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
88,344 
30,469 
Accrued income and prepayments
21,592 
4,922 
Other debtors
1,277 
5,102 
111,213 
40,493 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
39,944 
31,784 
Trade creditors
43,744 
22,515 
Taxes and social security
10,434 
12,990 
Other creditors
140 
1,296 
Loans from directors
12 
- 
Accruals
5,410 
4,333 
Deferred income
32,472 
6,920 
132,156 
79,838 
7
Pension commitments
In the year, the company had pension costs of £23,441 (2023: £11,396) and at the year end £nil (2023; £1,217) were payable.
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 April 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
7,654 
5,633 
Later than one year and not later than five years
24,873 
- 
32,527 
5,633 
9
Average number of employees
During the year the average number of employees was 6 (2023: 4).
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