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Company Registration No. 04098664 (England and Wales)
Lifetime Trustees Ltd Unaudited accounts for the year ended 31 March 2025
Lifetime Trustees Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Lifetime Trustees Ltd Company Information for the year ended 31 March 2025
Directors
Graham Gardner Marian Gardner
Company Number
04098664 (England and Wales)
Registered Office
71 HEATHLANDS WESTFIELD HASTINGS TN35 4QZ ENGLAND
Accountants
Tammy Symes Tammys Accounting & Bookkeeping 33 Blacklands Drive Hastings East Sussex TN24 3DH
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Lifetime Trustees Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
238
356
Current assets
Debtors
5
(1,555)
2,717
Cash at bank and in hand
3,348
4,530
1,793
7,247
Creditors: amounts falling due within one year
6
(363)
(2,941)
Net current assets
1,430
4,306
Total assets less current liabilities
1,668
4,662
Creditors: amounts falling due after more than one year
7
(33,728)
(35,589)
Net liabilities
(32,060)
(30,927)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(32,061)
(30,928)
Shareholders' funds
(32,060)
(30,927)
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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by
Graham Gardner Director Company Registration No. 04098664
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Lifetime Trustees Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Lifetime Trustees Ltd is a private company, limited by shares, registered in England and Wales, registration number 04098664. The registered office is 71 HEATHLANDS, WESTFIELD, HASTINGS, TN35 4QZ, 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.
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.
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
33%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
1,479
527
2,006
At 31 March 2025
1,479
527
2,006
Depreciation
At 1 April 2024
1,439
211
1,650
Charge for the year
13
105
118
At 31 March 2025
1,452
316
1,768
Net book value
At 31 March 2025
27
211
238
At 31 March 2024
40
316
356
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
(1,555)
2,717
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Lifetime Trustees Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
2,941
Other creditors
363
-
363
2,941
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
6,062
Loans from directors
33,728
29,527
33,728
35,589
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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