| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 29 September 2024 |
| for |
| Capital Life Group Limited |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 29 September 2024 |
| for |
| Capital Life Group Limited |
| Capital Life Group Limited (Registered number: 11063711) |
| Contents of the Financial Statements |
| for the Year Ended 29 September 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Capital Life Group Limited |
| Company Information |
| for the Year Ended 29 September 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants & Statutory Auditors |
| Oriel House |
| 2-8 Oriel Road |
| Bootle |
| Liverpool |
| Merseyside |
| L20 7EP |
| Capital Life Group Limited (Registered number: 11063711) |
| Balance Sheet |
| 29 September 2024 |
| 29.9.24 | 29.9.23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Present value reserve | 7 | ( |
) | ( |
) |
| Retained earnings |
| The financial statements were approved by the director and authorised for issue on |
| Capital Life Group Limited (Registered number: 11063711) |
| Notes to the Financial Statements |
| for the Year Ended 29 September 2024 |
| 1. | STATUTORY INFORMATION |
| Capital Life Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements replace the original financial statements for the financial year 29 September 2023. These are now the statutory financial statements for that year. The revised financial statements have been prepared as at the date of the original financial statements, and not as at the date of the revision and accordingly do not deal with events between those dates. |
| A dividend from the subsidiary was not disclosed in the original financial statements, and nor was a dividend to the parent company.The dividend value on both transactions were equal. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Capital Life Group Limited 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. |
| 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 Statement of Income and Retained Earnings, 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2023 - NIL). |
| Capital Life Group Limited (Registered number: 11063711) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 September 2024 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 30 September 2023 |
| Disposals | ( |
) |
| At 29 September 2024 |
| NET BOOK VALUE |
| At 29 September 2024 |
| At 29 September 2023 |
| 5. | DEBTORS |
| 29.9.24 | 29.9.23 |
| £ | £ |
| Amounts falling due within one year: |
| Amounts owed by group undertakings |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 29.9.24 | 29.9.23 |
| £ | £ |
| Amounts owed to group undertakings |
| Taxation and social security |
| 7. | RESERVES |
| Present |
| value |
| reserve |
| £ |
| At 30 September 2023 | ( |
) |
| Movement in present value | (19,608 | ) |
| At 29 September 2024 | ( |
) |
| Capital Life Group Limited (Registered number: 11063711) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 September 2024 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |