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Registration number: 09527478

Lifespan Structures Limited Financial Statements for the Year Ended 30 June 2025
Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

Lifespan Structures Limited

Contents

Company Information | 1
Statement of Financial Position | 2
Notes to the Financial Statements | 3 to 6

Lifespan Structures Limited

Company Information

Directors | A P Rimoldi S S Patel J F Drewett M Richardson

Registered office | 130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Auditor | Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

Lifespan Structures Limited

Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 407,705 | 331,852
Cash at bank and in hand |  | 8,338 | 9,729
|  | 416,043 | 341,581
Creditors: Amounts falling due within one year | 6 | (247,709) | (229,432)
Net assets |  | 168,334 | 112,149
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Share premium reserve |  | 2,998 | 2,998
Capital contribution reserve |  | 50,000 | 50,000
Profit and loss account |  | 115,334 | 59,149
Total equity |  | 168,334 | 112,149

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the Board on 28 January 2026 and signed on its behalf by:

.........................................

S S Patel

Director

Company registration number: 09527478

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is to supply lightweight composite footbridges, designed and custom manufactured for unique and individual installations.

2 | Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 29 January 2026 was Darren Bond, who signed for and on behalf of Brebners.

3 | Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit after tax for the year ended 30 June 2025 and had net assets of £168,334 at that date.
The directors have considered the cashflow requirements of the company for the next 12 months, which demonstrates that the company has sufficient working capital for a period exceeding 12 months from the approval of the financial statements.
On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for construction contracts or provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company’s activities.
Revenue from construction contractors and the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Provision is made for foreseeable losses.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

The Company has chosen to adopt Sections 11 ‘”Basic Financial Instruments” and 12 “Other financial instruments” of FRS 102 to all its financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Financial assets

Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.
Other financial assets, including investments in equity instruments which are not subsidiaries, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in the statement of comprehensive income, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Amounts recoverable on contracts

Construction work in progress, being either accrued or deferred income, is stated at cost plus profit recognised to date less a provision for foreseeable losses and less amounts invoiced and is included in amounts recoverable on long term contracts. Costs include all expenditure related directly to specific projects and an appropriate allocation of fixed and variable overheads incurred in the Company’s contracting activities based on normal operating capacity.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the statement of comprehensive income.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the statement of comprehensive income.

Derecognition of financial assets

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled; or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party; or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

4 | Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Lifespan Structures Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

5 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 9,618 | 33,204
Amounts owed by group undertakings | 7 | 388,690 | 294,556
Other debtors |  | 9,397 | 4,092
|  | 407,705 | 331,852

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 38,028 | 14,294
Amounts owed to group undertakings | 111,923 | 163,187
Taxation and social security | 43,772 | 8,654
Other creditors | 53,986 | 43,297
| 247,709 | 229,432

7 | Related party transactions

In accordance with FRS 102 paragraph 33.1A, exemption is taken not to disclose transactions in the year between wholly owned group undertakings.
During the year, amounts totalling £1,275 (2024: £18,215) were invoiced to fellow subsidiary undertakings and amounts totalling £9,196 (2024: £4,250) were invoiced by fellow subsidiary undertakings.
During the year, amounts of £140,203 (2024: £152,681) was charged as management expenses by a fellow subsidiary undertaking.

8 | Parent and ultimate parent undertaking

The immediate parent company is Centura Group Limited, incorporated in England and Wales.
The most senior parent entity producing publicly available financial statements is Centura Group Limited. These financial statements are available upon request from Companies House.