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REGISTERED NUMBER: 03907752 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LIFELINE ENGINEERING SUPPLIES LIMITED

LIFELINE ENGINEERING SUPPLIES LIMITED (REGISTERED NUMBER: 03907752)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LIFELINE ENGINEERING SUPPLIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: Mr M A Blunn
Mrs T M Blunn



SECRETARY: Mrs T M Blunn



REGISTERED OFFICE: 30 Moors Drive
Coven
Wolverhampton
WV9 5EJ



REGISTERED NUMBER: 03907752 (England and Wales)



ACCOUNTANTS: Wright & Co Partnership Limited
Chartered Accountants
The Squires
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ



BANKERS: Bank of Scotland
PO Box 1000
BX2 1LB

LIFELINE ENGINEERING SUPPLIES LIMITED (REGISTERED NUMBER: 03907752)

ABRIDGED BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 695 927

CURRENT ASSETS
Stocks 650 686
Debtors 7,708 17,790
Cash at bank and in hand 103,322 96,194
111,680 114,670
CREDITORS
Amounts falling due within one year 32,333 34,298
NET CURRENT ASSETS 79,347 80,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,042

81,299

CREDITORS
Amounts falling due after more than one year (8,333 ) (18,484 )

PROVISIONS FOR LIABILITIES (132 ) (176 )
NET ASSETS 71,577 62,639

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 71,575 62,637
SHAREHOLDERS' FUNDS 71,577 62,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LIFELINE ENGINEERING SUPPLIES LIMITED (REGISTERED NUMBER: 03907752)

ABRIDGED BALANCE SHEET - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:





Mr M A Blunn - Director


LIFELINE ENGINEERING SUPPLIES LIMITED (REGISTERED NUMBER: 03907752)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Lifeline Engineering Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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 2 (2023 - 2 ) .

LIFELINE ENGINEERING SUPPLIES LIMITED (REGISTERED NUMBER: 03907752)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 4,936
DEPRECIATION
At 1 January 2024 4,009
Charge for year 232
At 31 December 2024 4,241
NET BOOK VALUE
At 31 December 2024 695
At 31 December 2023 927

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2