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Company Registration No. 08358162 (England and Wales)
Lifecrest LTD Unaudited accounts for the year ended 31 July 2025
Lifecrest LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Lifecrest LTD Company Information for the year ended 31 July 2025
Directors
Rotimi Ajayi Mojisola Ajayi
Secretary
Mojisola Ajayi
Company Number
08358162 (England and Wales)
Registered Office
128 Beecheno Road Norwich Norfolk NR5 8TP
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Lifecrest LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
22,315
34,932
Current assets
Cash at bank and in hand
4,529
11,034
Creditors: amounts falling due within one year
5
(7,676)
(13,030)
Net current liabilities
(3,147)
(1,996)
Total assets less current liabilities
19,168
32,936
Creditors: amounts falling due after more than one year
6
(12,457)
(13,777)
Net assets
6,711
19,159
Capital and reserves
Called up share capital
2
2
Profit and loss account
6,709
19,157
Shareholders' funds
6,711
19,159
For the year ending 31 July 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 4 January 2026 and were signed on its behalf by
Mojisola Ajayi Director Company Registration No. 08358162
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Lifecrest LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Lifecrest LTD is a private company, limited by shares, registered in England and Wales, registration number 08358162. The registered office is 128 Beecheno Road, Norwich, Norfolk, NR5 8TP.
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:
Plant & machinery
20% SL
Fixtures & fittings
20% SL
Computer equipment
20% SL
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
42,779
20,000
2,150
5,056
69,985
At 31 July 2025
42,779
20,000
2,150
5,056
69,985
Depreciation
At 1 August 2024
23,908
4,000
1,720
5,425
35,053
Charge for the year
8,556
4,000
430
(369)
12,617
At 31 July 2025
32,464
8,000
2,150
5,056
47,670
Net book value
At 31 July 2025
10,315
12,000
-
-
22,315
At 31 July 2024
18,871
16,000
430
(369)
34,932
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Lifecrest LTD Notes to the Accounts for the year ended 31 July 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,612
2,000
Obligations under finance leases and hire purchase contracts
2,032
3,563
Taxes and social security
4,032
7,467
7,676
13,030
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
1,667
Obligations under finance leases and hire purchase contracts
12,457
12,110
12,457
13,777
7
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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