In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lifeboat Lettings (Derby) Limited for the year ended 31 March 2025, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Lifeboat Lettings (Derby) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Lifeboat Lettings (Derby) Limited and state those matters that we have agreed to state to the board of directors of Lifeboat Lettings (Derby) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lifeboat Lettings (Derby) Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Lifeboat Lettings (Derby) Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Lifeboat Lettings (Derby) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lifeboat Lettings (Derby) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

During the financial year, the company wrote off an amount of £100,000 that had been owed to the director under the director's loan account, the write off has been recognised in the statement of profit and loss. At the balance sheet date the amounts still owed to the director is £70,537 (2024 - £220,069).

The average number of persons, including directors, employed by the company during the year was as follows:

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Lifeboat Lettings (Derby) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lifeboat House, No. 4 Mayfield Road, Winshill, Burton upon Trent, Staffordshire, DE15 0JT.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true