Company Registration No. 14301974 (England and Wales)
LB Lifestyle limited
Unaudited accounts
for the year ended 31 August 2024
LB Lifestyle limited
Unaudited accounts
Contents
LB Lifestyle limited
Company Information
for the year ended 31 August 2024
Company Number
14301974 (England and Wales)
Registered Office
East Salt Grass Saltgrass Lane
Keyhaven
Lymington
SO41 0TQ
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
LB Lifestyle limited
Statement of financial position
as at 31 August 2024
Tangible assets
1,418
1,662
Cash at bank and in hand
1,476
932
Creditors: amounts falling due within one year
(2,864)
(3,440)
Net current assets/(liabilities)
493
(1,648)
Called up share capital
1
1
Profit and loss account
1,910
13
Shareholders' funds
1,911
14
For the year ending 31 August 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 22 May 2025 and were signed on its behalf by
Laura Bonsor
Director
Company Registration No. 14301974
LB Lifestyle limited
Notes to the Accounts
for the year ended 31 August 2024
LB Lifestyle limited is a private company, limited by shares, registered in England and Wales, registration number 14301974. The registered office is East Salt Grass Saltgrass Lane, Keyhaven, Lymington, SO41 0TQ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
342
1,873
2,215
At 31 August 2024
572
1,873
2,445
At 1 September 2023
85
468
553
Charge for the year
123
351
474
At 31 August 2024
208
819
1,027
At 31 August 2024
364
1,054
1,418
At 31 August 2023
257
1,405
1,662
Amounts falling due within one year
LB Lifestyle limited
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
619
1,811
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).