2023-11-012024-10-312024-10-31false07036137THE LIFE OBSERVATORY 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THE LIFE OBSERVATORY LIMITED

Registered Number
07036137
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2024

THE LIFE OBSERVATORY LIMITED
Company Information
for the year from 1 November 2023 to 31 October 2024

Director

HORCHOVER, J

Registered Address

227 Long Drive
Ruislip
HA4 0HS

Registered Number

07036137 (England and Wales)
THE LIFE OBSERVATORY LIMITED
Balance Sheet as at
31 October 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets34,1953,093
4,1953,093
Current assets
Debtors688851
Cash at bank and on hand15,7519,781
16,43910,632
Creditors amounts falling due within one year(5,509)(3,222)
Net current assets (liabilities)10,9307,410
Total assets less current liabilities15,12510,503
Net assets15,12510,503
Capital and reserves
Called up share capital100100
Profit and loss account15,02510,403
Shareholders' funds15,12510,503
The financial statements were approved and authorised for issue by the Director on 30 January 2025, and are signed on its behalf by:
HORCHOVER, J
Director
Registered Company No. 07036137
THE LIFE OBSERVATORY LIMITED
Notes to the Financial Statements
for the year ended 31 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 233,093
Additions2,500
At 31 October 244,195
Depreciation and impairment
Charge for year1,398
Net book value
At 31 October 244,195
At 31 October 233,093