REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
FOR |
THE LIFE GODDESS HOLDINGS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
FOR |
THE LIFE GODDESS HOLDINGS LTD |
THE LIFE GODDESS HOLDINGS LTD (REGISTERED NUMBER: 08784888) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
THE LIFE GODDESS HOLDINGS LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
869 High Road |
London |
N12 8QA |
THE LIFE GODDESS HOLDINGS LTD (REGISTERED NUMBER: 08784888) |
STATEMENT OF FINANCIAL POSITION |
27 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
THE LIFE GODDESS HOLDINGS LTD (REGISTERED NUMBER: 08784888) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
The Life Goddess Holdings Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet it's liabilities to third parties as and when they fall due.The directors will continue to support the company when required. |
Preparation of consolidated financial statements |
The financial statements contain information about The Life Goddess Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
THE LIFE GODDESS HOLDINGS LTD (REGISTERED NUMBER: 08784888) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group | Other |
undertakings | investments | Totals |
£ | £ | £ |
COST |
At 28 December 2022 |
and 27 December 2023 | 204 |
NET BOOK VALUE |
At 27 December 2023 | 204 |
At 27 December 2022 | 204 |
5. | DEBTORS |
2023 | 2022 |
£ | £ |
Amounts falling due within one year: |
Amounts owed by group undertakings |
Other debtors |
Amounts falling due after more than one year: |
Amounts owed by participating interests | 51,607 | 52,807 |
Aggregate amounts |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Amounts owed to participating interests | 11,086 | 8,879 |
Directors' loan accounts | 36,187 | 38,362 |
THE LIFE GODDESS HOLDINGS LTD (REGISTERED NUMBER: 08784888) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 27 DECEMBER 2023 |
8. | RELATED PARTY DISCLOSURES |
Included in debtors, amounts falling due after more than one year, is an interest free amount of £49,671 (2022: £49,671) due from The Life Goddess Group Limited, a company within the group. |
Included in debtors, amounts falling due after more than one year, is an interest free amount of £Nil (2022: £1,200) due from The Life Goddess Store Street Limited. The companies are connected by having Mr N Nyfoudis as common director. |
Included in debtors, amounts falling due within one year, is an interest free amount of £Nil (2022: £5,219) due from 1905 Group Ltd. The companies are connected by having Mr Nyfoudis as common director. |
Included in debtors, amounts falling due within one year, is an interest free amount of £1,936 (2022:£1,936) due from The Life Goddess Investment Limited. The companies are connected by having Mr Nyfoudis as common director. |
Included in creditors, amount falling due within one year, is an interest free amount of £12,991 due from 1905 Group Limited, a company with the group. |
Included in creditors, amount falling due within one year, is an interest free amount of £1,207 due from The Life Goddess Store Street Limited. The companies are connected by having Mr N Nyfoudis as common director. |
Included in creditors, amount falling due within one year, is an interest free amount of £5,215 (2022: £5,215) due from The Life Goddess Kingly Court Limited, a subsidiary company. |
Included in creditors, amount falling due after more than one year, is an interest free amount of £4,664 (2022: £3,664) due to 1905 Assets Limited. The companies are connected by having Mr N Nyfoudis as common director. |
Included in creditors, amounts falling due after more than one year, is an interest free amount of £36,187 (2022: £38,362) due to the director, Mr N Nyfoudis. |
9. | ULTIMATE CONTROLLING PARTY |
During the year under review the director, Mr N Nyfoudis was the ultimate controlling party by virtue of his 100% ownership of the issued share capital of the company. |