Lifeline Consultancy Limited
Exception report
for the year ended 31 March 2025
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Tangible fixed assets
Opening balance at
1 April 2024 per TB 		Balance at 31 March
2024 per accounts 		Difference
£ £ £
Computer equipment (Account 526)
Computer equipment - cost 8,555 1,836 6,719
Computer equipment - depreciation (7,739) (612) (7,127)
Computer equipment - net book value 816 1,224 (408)
This page does not form part of the statutory financial statements.
Company registration number: 05428320
Unaudited financial statements
for the year ended 31 March 2025
for
Lifeline Consultancy Limited
Pages for filing with the Registrar
Company registration number: 05428320
Lifeline Consultancy Limited
Balance sheet
as at 31 March 2025
2025 2024
£ £ £ £
Fixed assets 816 1,224
Current assets (494) 13,487
Creditors: amounts falling due within one year (11,097) (3,252)
Net current (liabilities)/assets (11,591) 10,235
Total assets less current liabilities (10,775) 11,459
Creditors: amounts falling due after more than
one year 		(10,651) (13,207)
NET LIABILITIES (21,426) (1,748)
CAPITAL AND RESERVES (21,426) (1,748)
Notes
1 Company information
Lifeline Consultancy Limited is a private company registered in England and Wales. Its registered number is 05428320. The company is limited by shares. Its registered office is Blenroth, Paradise Green, Hereford, Herefordshire, HR1 3DW.
2 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
3 Advances, credit and guarantees granted to directors
Director's loan of
4 Fixed Assets and Depreciation
The cost of fixed assets is stated at historical cost. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets.

During the year, prior-year opening balances were reviewed and adjusted to correct a misstatement. Last year, the net book value (NBV) of certain assets had been incorrectly posted as the cost brought forward. This was partially accounted for by posting the depreciation charge for that year equal to the accumulated depreciation at the time.

The opening balances for the current year have been restated to reflect the original purchase cost of the assets and the total accumulated depreciation to date, with the current year's depreciation charged in the usual manner.

The exception reported in the IRIS Elements exception report arises due to the way IRIS calculates and presents accumulated depreciation and net book value. The balances in the accounts reflect the correct cost, accumulated depreciation, and net book value of the assets.
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Company registration number: 05428320
Lifeline Consultancy Limited
Balance sheet - continued
as at 31 March 2025
5 Creditors
Previous year 'creditors falling due within a year' for (Bounceback loan due within year) figure was recorded on the balance sheet including interest.

This figure includes Director's Loan Account - money paid in by directors.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the Board of directors and authorised for issue on 8 December 2025 and signed on its behalf by:
Mrs P Davies, Director
8 December 2025
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