Lifespan Structures Limited 09527478 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is to supply lightweight composite footbridges, designed and custom manufactured for unique and individual installations. Digita Accounts Production Advanced 6.30.9574.0 true true true 09527478 2023-07-01 2024-06-30 09527478 2024-06-30 09527478 core:OtherReservesSubtotal 2024-06-30 09527478 core:RetainedEarningsAccumulatedLosses 2024-06-30 09527478 core:ShareCapital 2024-06-30 09527478 core:SharePremium 2024-06-30 09527478 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 09527478 bus:SmallEntities 2023-07-01 2024-06-30 09527478 bus:Audited 2023-07-01 2024-06-30 09527478 bus:FilletedAccounts 2023-07-01 2024-06-30 09527478 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09527478 bus:RegisteredOffice 2023-07-01 2024-06-30 09527478 bus:Director1 2023-07-01 2024-06-30 09527478 bus:Director2 2023-07-01 2024-06-30 09527478 bus:Director3 2023-07-01 2024-06-30 09527478 bus:Director4 2023-07-01 2024-06-30 09527478 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09527478 1 2023-07-01 2024-06-30 09527478 countries:EnglandWales 2023-07-01 2024-06-30 09527478 2022-07-01 2023-06-30 09527478 2023-06-30 09527478 core:OtherReservesSubtotal 2023-06-30 09527478 core:RetainedEarningsAccumulatedLosses 2023-06-30 09527478 core:ShareCapital 2023-06-30 09527478 core:SharePremium 2023-06-30 09527478 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 09527478

Lifespan Structures Limited

Financial Statements

for the Year Ended 30 June 2024

Brebners
Chartered Accountants & Statutory Auditor
130 Shaftesbury Avenue
London
W1D 5AR

 

Lifespan Structures Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3 to 5

 

Lifespan Structures Limited

Company Information

Directors

A P Rimoldi

S S Patel

J F Drewett

M Richardson

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

Auditor

Brebners
Chartered Accountants & Statutory Auditor
130 Shaftesbury Avenue
London
W1D 5AR

 

Lifespan Structures Limited

Statement of Financial Position as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

5

331,852

505,573

Cash at bank and in hand

 

9,729

46,258

 

341,581

551,831

Creditors: Amounts falling due within one year

6

(229,432)

(450,130)

Net assets

 

112,149

101,701

Capital and reserves

 

Called up share capital

2

2

Share premium reserve

2,998

2,998

Capital contribution reserve

50,000

50,000

Profit and loss account

59,149

48,701

Total equity

 

112,149

101,701

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the Board on 11 February 2025 and signed on its behalf by:
 

.........................................

S S Patel

Director

Company registration number: 09527478

 

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is to supply lightweight composite footbridges, designed and custom manufactured for unique and individual installations.

2

Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 12 February 2025 was Darren Bond, who signed for and on behalf of Brebners.

3

Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit after tax for the year ended 30 June 2024 and had net assets of £112,149 at 30 June 2024.

The directors have considered the cashflow requirements of the company for the next 12 months, which demonstrates that the company has sufficient working capital for a period exceeding 12 months from the approval of the financial statements.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

 

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods or provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company’s activities.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

 

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

5

Debtors

Note

2024
£

2023
£

Trade debtors

 

33,204

6,840

Amounts owed by group undertakings

7

294,556

459,255

Other debtors

 

4,092

39,478

 

331,852

505,573

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

14,294

170,652

Amounts owed to group undertakings

163,187

150,035

Taxation and social security

8,654

42,835

Other creditors

43,297

86,608

229,432

450,130

7

Related party transactions

In accordance with FRS 102 paragraph 33.1A, exemption is taken not to disclose transactions in the year between wholly owned group undertakings.

During the year, amounts totalling £18,215 (2023: £112,856) were invoiced to fellow subsidiary undertakings and amounts totalling £4,250 (2023: £6,250) were invoiced by fellow subsidiary undertakings.

During the year, amounts of £152,681 (2023: £158,377) was charged as management expenses by its parent undertakings.

8

Parent and ultimate parent undertaking

The immediate parent company is Centura Group Limited, incorporated in England and Wales.

The most senior parent entity producing publicly available financial statements is Centura Group Limited. These financial statements are available upon request from Companies House.