Company Registration No. 12525459 (England and Wales)
Good Life Hub Ltd
Unaudited accounts
for the year ended 31 March 2025
Good Life Hub Ltd
Unaudited accounts
Contents
Good Life Hub Ltd
Company Information
for the year ended 31 March 2025
Company Number
12525459 (England and Wales)
Good Life Hub Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
6,817
8,200
Cash at bank and in hand
10,958
13,661
Creditors: amounts falling due within one year
(67,089)
(65,394)
Net current liabilities
(43,687)
(36,889)
Net liabilities
(36,870)
(28,689)
Called up share capital
1
1
Profit and loss account
(36,871)
(28,690)
Shareholders' funds
(36,870)
(28,689)
For the year ending 31 March 2025 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 July 2025 and were signed on its behalf by
Leanne Duffield
Director
Company Registration No. 12525459
Good Life Hub Ltd
Notes to the Accounts
for the year ended 31 March 2025
Good Life Hub Ltd is a private company, limited by shares, registered in England and Wales, registration number 12525459.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
-
21,619
505
22,124
At 31 March 2025
887
21,619
505
23,011
At 1 April 2024
-
13,610
314
13,924
Charge for the year
221
2,002
47
2,270
At 31 March 2025
221
15,612
361
16,194
At 31 March 2025
666
6,007
144
6,817
At 31 March 2024
-
8,009
191
8,200
Good Life Hub Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
-
148
Other debtors
10,410
10,410
Amounts falling due after more than one year
Accrued income and prepayments
259
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
40
-
Loans from directors
66,226
63,980
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).