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Company Registration No. 06760095 (England and Wales)
Life Should Be Beautiful Limited Unaudited accounts for the year ended 30 November 2024
Life Should Be Beautiful Limited Unaudited accounts Contents
Page
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Life Should Be Beautiful Limited Company Information for the year ended 30 November 2024
Director
Leanne Hawkins
Company Number
06760095 (England and Wales)
Registered Office
4 The Square Wickham Fareham Hampshire PO17 5JN
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Life Should Be Beautiful Limited Accountants' report
Accountants' report to the director of Life Should Be Beautiful Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Life Should Be Beautiful Limited for the year ended 30 November 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Life Should Be Beautiful Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Life Should Be Beautiful Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Life Should Be Beautiful Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Life Should Be Beautiful Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Life Should Be Beautiful Limited. You consider that Life Should Be Beautiful Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Life Should Be Beautiful Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 27 March 2025
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Life Should Be Beautiful Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
109,575 
131,204 
Current assets
Inventories
800 
800 
Debtors
867 
61,963 
Cash at bank and in hand
34,170 
33,530 
35,837 
96,293 
Creditors: amounts falling due within one year
(40,407)
(18,352)
Net current (liabilities)/assets
(4,570)
77,941 
Total assets less current liabilities
105,005 
209,145 
Creditors: amounts falling due after more than one year
(87,655)
(117,716)
Net assets
17,350 
91,429 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,250 
91,329 
Shareholders' funds
17,350 
91,429 
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2025 and were signed on its behalf by
Leanne Hawkins Director Company Registration No. 06760095
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Life Should Be Beautiful Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Life Should Be Beautiful Limited is a private company, limited by shares, registered in England and Wales, registration number 06760095. The registered office is 4 The Square , Wickham , Fareham, Hampshire, PO17 5JN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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Life Should Be Beautiful Limited Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
244,341 
60,292 
1,137 
20,459 
326,229 
Additions
1,541 
12,046 
- 
- 
13,587 
At 30 November 2024
245,882 
72,338 
1,137 
20,459 
339,816 
Depreciation
At 1 December 2023
177,116 
3,551 
985 
13,373 
195,025 
Charge for the year
16,953 
16,454 
38 
1,771 
35,216 
At 30 November 2024
194,069 
20,005 
1,023 
15,144 
230,241 
Net book value
At 30 November 2024
51,813 
52,333 
114 
5,315 
109,575 
At 30 November 2023
67,225 
56,741 
152 
7,086 
131,204 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
517 
12,393 
Amounts due from group undertakings etc.
350 
49,570 
867 
61,963 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
9,932 
9,932 
Trade creditors
25,956 
6,593 
Taxes and social security
3,469 
629 
Accruals
1,050 
1,198 
40,407 
18,352 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,504 
31,480 
Obligations under finance leases and hire purchase contracts
66,151 
86,236 
87,655 
117,716 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Life Should Be Beautiful Limited Notes to the Accounts for the year ended 30 November 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Leanne Hawkins
- 
(110,292)
(110,292)
- 
- 
(110,292)
(110,292)
- 
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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