| Lifestyle Lettings (South West) Limited |
| Registered Number:04798341 |
For the period ended 25 October 2024
England and Wales
Unaudited Financial Statements
For the period ended 25 October 2024
Lifestyle Lettings (South West) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Lifestyle Lettings (South West) Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
5,627
5,663
2
5,627
5,663
| Trade and other receivables |
118,001
31,653
3
123,465
| Cash and cash equivalents |
117,402
149,055
241,466
| Trade and other payables: amounts falling due within one |
| year |
(241,340)
(151,917)
4
126
(2,862)
Net current liabilities
| Total assets less current liabilities |
2,765
5,789
| Trade and other payables: amounts falling due after more |
| than one year |
(5,250)
(2,250)
5
(483)
(474)
| Provisions for liabilities |
32
Net assets
65
3
3
29
62
32
65
Shareholders' funds
| For the period ended 25 October 2024 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 of its financial statements for the period ended 25 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 15 January 2026 and were signed by: |
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For the period ended 25 October 2024
Lifestyle Lettings (South West) Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the period ended 25 October 2024
Lifestyle Lettings (South West) Limited
Notes to the Financial Statements
Statutory Information
| Lifestyle Lettings (South West) Limited is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 04798341. |
| Principal place of business: |
40 Holdsworth Street
Pennycomequick
Plymouth
PL4 6NN
42 Great Berry Road
Crownhill
Plymouth
Devon
PL6 5AY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
| Turnover represents income from the provision of property management services at invoice value, less Value Added Tax and any trade discounts. |
Property, plant and equipment
| Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold improvements
Office equipment
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For the period ended 25 October 2024
Lifestyle Lettings (South West) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
16,409
12,108
4,301
499
499
-
4,301
12,607
16,908
| Provision for depreciation and impairment |
10,746
9,615
1,131
Charge for period
535
449
86
11,281
10,064
1,217
3,084
2,543
5,627
3,170
2,493
5,663
| 3. Trade and other receivables |
2023
2024
31,653
118,001
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
11,503
11,775
807
3,825
| Taxation and social security |
30,488
40,700
109,119
185,040
151,917
241,340
Included within taxation and social security is corporation tax of £16,508 (2023: £27,705).
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
2,250
5,250
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For the period ended 25 October 2024
Lifestyle Lettings (South West) Limited
Notes to the Financial Statements Continued
| 6. Related party transactions |
| Dividends of £23,700 were paid to the directors in the year. |
| The company is under the effective control of its directors. |
| 7. Directors advances and guarantees |
Repaid
N M Hellings
Loan to director
3,539
95,659
92,120
3,539
95,659
92,120
I C Pring
Loan to director
-
649
649
-
649
649
| 8. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
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