Company Registration No. 10442422 (England and Wales)
Life Design London Ltd
Unaudited accounts
for the year ended 31 October 2025
Life Design London Ltd
Unaudited accounts
Contents
Life Design London Ltd
Company Information
for the year ended 31 October 2025
Company Number
10442422 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
Life Design London Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
2,319
2,579
Cash at bank and in hand
27,866
13,213
Creditors: amounts falling due within one year
(26,683)
(25,808)
Net current assets/(liabilities)
6,461
(9,928)
Total assets less current liabilities
8,780
(7,349)
Provisions for liabilities
Net assets/(liabilities)
8,365
(7,840)
Called up share capital
1
1
Profit and loss account
8,364
(7,841)
Shareholders' funds
8,365
(7,840)
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 9 January 2026 and were signed on its behalf by
Anna Shepherd
Director
Company Registration No. 10442422
Life Design London Ltd
Notes to the Accounts
for the year ended 31 October 2025
Life Design London Ltd is a private company, limited by shares, registered in England and Wales, registration number 10442422. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
4 years on cost
Computer equipment
4 years on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Life Design London Ltd
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
-
5,566
5,566
At 31 October 2025
1,080
5,566
6,646
At 1 November 2024
-
2,987
2,987
Charge for the year
90
1,250
1,340
At 31 October 2025
90
4,237
4,327
At 31 October 2025
990
1,329
2,319
At 31 October 2024
-
2,579
2,579
Amounts falling due within one year
Accrued income and prepayments
1,091
2,667
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,211
-
Loans from directors
22,622
21,318
The director's loan of £22,622 (2024: £21,318) has no fixed repayment or interest terms.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).