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Company Registration No. 10630409 (England and Wales)
Life Of Spice Ltd Unaudited accounts for the year ended 31 March 2026
Life Of Spice Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Life Of Spice Ltd Company Information for the year ended 31 March 2026
Director
Trevor Mayor
Company Number
10630409 (England and Wales)
Registered Office
ROWAN HOUSE NORTH GREEN WEST HANNEY WANTAGE OX12 0LQ UNITED KINGDOM
Accountants
Swash & Co Boston House Grove Business Park Wantage Oxfordshire OX12 9FF
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Life Of Spice Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
16,771
20,964
Current assets
Inventories
7,429
8,630
Debtors
5
6,932
689
Cash at bank and in hand
3,248
7,420
17,609
16,739
Creditors: amounts falling due within one year
6
(3,638)
(6,182)
Net current assets
13,971
10,557
Net assets
30,742
31,521
Capital and reserves
Called up share capital
1
1
Profit and loss account
30,741
31,520
Shareholders' funds
30,742
31,521
For the year ending 31 March 2026 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 his 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 20 April 2026 and were signed on its behalf by
Trevor Mayor Director Company Registration No. 10630409
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Life Of Spice Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Life Of Spice Ltd is a private company, limited by shares, registered in England and Wales, registration number 10630409. The registered office is ROWAN HOUSE NORTH GREEN, WEST HANNEY, WANTAGE, OX12 0LQ, UNITED KINGDOM.
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
25% Straight Line
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
4,989
40,945
45,934
At 31 March 2026
4,989
40,945
45,934
Depreciation
At 1 April 2025
4,989
19,981
24,970
Charge for the year
-
4,193
4,193
At 31 March 2026
4,989
24,174
29,163
Net book value
At 31 March 2026
-
16,771
16,771
At 31 March 2025
-
20,964
20,964
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
634
671
Other debtors
6,298
18
6,932
689
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Life Of Spice Ltd Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
418
86
Taxes and social security
2,300
2,461
Loans from directors
-
2,735
Accruals
920
900
3,638
6,182
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Included within Debtors are the following loans to directors
-
6,227
-
6,227
-
6,227
-
6,227
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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