Company Registration No. 14717353 (England and Wales)
Lifestyle Wealth Limited
Unaudited accounts
for the period from 8 March 2023 to 31 March 2024
Lifestyle Wealth Limited
Unaudited accounts
Contents
Lifestyle Wealth Limited
Company Information
for the period from 8 March 2023 to 31 March 2024
Director
Alexander Douglas Muirhead
Company Number
14717353 (England and Wales)
Registered Office
The Firs
Bierton
Aylesbury
Buckinghamshire
HP22 5DX
United Kingdom
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Lifestyle Wealth Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
19,223
Creditors: amounts falling due within one year
(124,676)
Net current liabilities
(104,627)
Profit and loss account
(37,006)
Shareholders' funds
(37,005)
For the period ending 31 March 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 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 13 November 2024 and were signed on its behalf by
Alexander Douglas Muirhead
Director
Company Registration No. 14717353
Lifestyle Wealth Limited
Notes to the Accounts
for the period from 8 March 2023 to 31 March 2024
Lifestyle Wealth Limited is a private company, limited by shares, registered in England and Wales, registration number 14717353. The registered office is The Firs, Bierton, Aylesbury, Buckinghamshire, HP22 5DX, United Kingdom.
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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 period, 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:
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
25% Reducing balance
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
42,645
11,775
32,115
86,535
At 31 March 2024
42,645
11,775
32,115
86,535
Charge for the period
8,529
2,355
8,029
18,913
At 31 March 2024
8,529
2,355
8,029
18,913
At 31 March 2024
34,116
9,420
24,086
67,622
Amounts falling due within one year
Accrued income and prepayments
826
Lifestyle Wealth Limited
Notes to the Accounts
for the period from 8 March 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
Taxes and social security
688
Loans from directors
121,210
The immediate parent company and ultimate controlling party is Alexander Muirhead Limited.
8
Average number of employees
During the period the average number of employees was 2.