Acorah Software Products - Accounts Production 16.0.110 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10165495 Louise Rodrigues true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10165495 2023-05-31 10165495 2024-05-31 10165495 2023-06-01 2024-05-31 10165495 frs-core:CurrentFinancialInstruments 2024-05-31 10165495 frs-core:Non-currentFinancialInstruments 2024-05-31 10165495 frs-core:PlantMachinery 2024-05-31 10165495 frs-core:PlantMachinery 2023-06-01 2024-05-31 10165495 frs-core:PlantMachinery 2023-05-31 10165495 frs-core:ShareCapital 2024-05-31 10165495 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10165495 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10165495 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10165495 frs-bus:SmallEntities 2023-06-01 2024-05-31 10165495 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10165495 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10165495 1 2023-06-01 2024-05-31 10165495 frs-bus:Director1 2023-06-01 2024-05-31 10165495 frs-countries:EnglandWales 2023-06-01 2024-05-31 10165495 2022-05-31 10165495 2023-05-31 10165495 2022-06-01 2023-05-31 10165495 frs-core:CurrentFinancialInstruments 2023-05-31 10165495 frs-core:Non-currentFinancialInstruments 2023-05-31 10165495 frs-core:ShareCapital 2023-05-31 10165495 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10165495
Life Styled Planners Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Starfish Accounting Ltd
ICAEW
The Bowler Barn
Bartletts Court
Littlewick Green
Berkshire
SL6 3RX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10165495
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 148 219
148 219
CURRENT ASSETS
Stocks 5 5,000 1,788
Debtors 6 181 217
Cash at bank and in hand 59 631
5,240 2,636
Creditors: Amounts Falling Due Within One Year 7 (17,523 ) (13,041 )
NET CURRENT ASSETS (LIABILITIES) (12,283 ) (10,405 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,135 ) (10,186 )
Creditors: Amounts Falling Due After More Than One Year 8 (933 ) (1,733 )
NET LIABILITIES (13,068 ) (11,919 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (13,168 ) (12,019 )
SHAREHOLDERS' FUNDS (13,068) (11,919)
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Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Louise Rodrigues
Director
10/02/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Life Styled Planners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10165495 . The registered office is 23 Glover Crescent, Arborfield Green, Reading, RG2 9TW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 5 years straight line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 355
As at 31 May 2024 355
Depreciation
As at 1 June 2023 136
Provided during the period 71
As at 31 May 2024 207
...CONTINUED
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Net Book Value
As at 31 May 2024 148
As at 1 June 2023 219
5. Stocks
2024 2023
£ £
Stock 5,000 1,788
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 181 217
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 800 800
Other loans 1,561 1,309
Other creditors 15,162 10,932
17,523 13,041
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 933 1,733
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company was controlled throughout the period by it's director, Louise Rodrigues.
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