Company registration number 13487755 (England and Wales)
LIFTED MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
LIFTED MANAGEMENT LIMITED
BALANCE SHEET
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2025
2024
£
£
£
£
Fixed assets
1,463
Current assets
10,404
19,974
Creditors: amounts falling due within one year
(21,260)
(3,101)
Net current (liabilities)/assets
(10,856)
16,873
Total assets less current liabilities
(9,393)
16,873
Accruals and deferred income
(7,104)
(3,552)
Net (liabilities)/assets
(16,497)
13,321
Capital and reserves
(16,497)
13,321
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Advances to Directors
During the year £19,326 was advanced to a director and £31,193 was subsequently repaid. Interest was charged at a rate of 2.25% on the advance. The balance owed by the director at the beginning of the year was £11,867 and at the end of the year was £nil. This loan is unsecured and has no repayment terms.
During the year £33,672 was advanced to a director and £41,779 was subsequently repaid. Interest was charged at a rate of 2.25% on the advance. The balance owed by the director at the beginning of the year was £8,107 and at the end of the year was £nil. This loan is unsecured and has no repayment terms.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
2
2
3
Dividends
Dividends were declared in the year, based on management account information available at the time. The Directors acknowledge that the company became in a net liability position as at the 31 July 2025. As such the Directors focus is on rebuilding company reserves and no further dividends are to be declared until the company has sufficient reserves available.
LIFTED MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
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Lifted Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 128 City Road, LONDON, EC1V 2NX.
For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 28 April 2026 and are signed on its behalf by:
Mr A Birt
Director
Company registration number 13487755 (England and Wales)