LIFEBOX THEATRE LTD

Company Registration Number:
10230559 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

LIFEBOX THEATRE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

LIFEBOX THEATRE LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 259 1,128
Total fixed assets: 259 1,128
Current assets
Debtors:   5,368 9,111
Cash at bank and in hand: 1,099 4,221
Total current assets: 6,467 13,332
Creditors: amounts falling due within one year:   (6,174) (8,105)
Net current assets (liabilities): 293 5,227
Total assets less current liabilities: 552 6,355
Creditors: amounts falling due after more than one year:   (49) (215)
Total net assets (liabilities): 503 6,140
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 501 6,138
Shareholders funds: 503 6,140

The notes form part of these financial statements

LIFEBOX THEATRE LTD

Balance sheet statements

For the year ending 30 June 2024 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 10 February 2025
and signed on behalf of the board by:

Name: P Mardlin
Status: Director

The notes form part of these financial statements

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

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 for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings, fixtures and equipment - 33% straight line

Other accounting policies

Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Provisions Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 14,071
At 30 June 2024 14,071
Depreciation
At 01 July 2023 12,943
Charge for year 869
At 30 June 2024 13,812
Net book value
At 30 June 2024 259
At 30 June 2023 1,128

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Loans to directors

Name of director receiving advance or credit: P Mardlin
Description of the loan: Credit from director
£
Balance at 01 July 2023 3,665
Advances or credits repaid: 844
Balance at 30 June 2024 2,821
Name of director receiving advance or credit: H Mardlin
Description of the loan: Credit from director
£
Balance at 01 July 2023 2,898
Advances or credits repaid: 844
Balance at 30 June 2024 2,054

Credits provided from the directors are interest free and repayable on demand.

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Related party transactions

Name of the related party: P Mardlin
Relationship:
Director
Description of the Transaction: During the year P Mardlin received remuneration of £3,667 and dividends of £2,500.
£
Balance at 01 July 2023 0
Balance at 30 June 2024 0
Name of the related party: H Mardlin
Relationship:
Director
Description of the Transaction: During the year, H Mardlin received remuneration of £12,570 and dividends of £2,500.
£
Balance at 01 July 2023 0
Balance at 30 June 2024 0

The company is jointly controlled by the two directors P&H Mardlin.

LIFEBOX THEATRE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Post balance sheet events

The company is considering winding up plans at the end of the next accounting period.