Company Registration No. 05120372 (England and Wales)
The Life Skills Centre (folkestone) Limited
Unaudited accounts
for the year ended 31 July 2025
The Life Skills Centre (folkestone) Limited
Unaudited accounts
Contents
The Life Skills Centre (folkestone) Limited
Company Information
for the year ended 31 July 2025
Directors
Mrs F Bushnell
Mr N Lawton
Company Number
05120372 (England and Wales)
Registered Office
The Life Skills Centre
Channel House
Cobbs Mews
Folkestone
Kent
CT20 2SS
England
The Life Skills Centre (folkestone) Limited
Statement of financial position
as at 31 July 2025
Tangible assets
15,768
17,432
Cash at bank and in hand
24,523
56,058
Creditors: amounts falling due within one year
(56,811)
(62,156)
Net current assets
34,098
70,199
Total assets less current liabilities
49,866
87,631
Provisions for liabilities
Deferred tax
(3,942)
(4,358)
Called up share capital
2
2
Profit and loss account
45,922
83,271
Shareholders' funds
45,924
83,273
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by
Mr N Lawton
Director
Company Registration No. 05120372
The Life Skills Centre (folkestone) Limited
Notes to the Accounts
for the year ended 31 July 2025
The Life Skills Centre (folkestone) Limited is a private company, limited by shares, registered in England and Wales, registration number 05120372. The registered office is The Life Skills Centre, Channel House, Cobbs Mews, Folkestone, Kent, CT20 2SS, England.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The financial statements are prepared on a going concern basis and there are no material uncertainties that cast significant doubt on the Company's ability to continue as a going concern.
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.
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
15% reducing balance
Computer equipment
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The Life Skills Centre (folkestone) Limited
Notes to the Accounts
for the year ended 31 July 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
67,315
28,739
96,054
At 31 July 2025
67,315
29,799
97,114
At 1 August 2024
57,169
21,453
78,622
Charge for the year
1,522
1,202
2,724
At 31 July 2025
58,691
22,655
81,346
At 31 July 2025
8,624
7,144
15,768
At 31 July 2024
10,146
7,286
17,432
Amounts falling due within one year
Trade debtors
49,412
53,934
Accrued income and prepayments
5,185
3,934
Other debtors
11,789
18,429
The Life Skills Centre (folkestone) Limited
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
5,903
3,211
Taxes and social security
19,989
23,062
Included in the balance sheer are unpaid pension contributions of £930 (2024 - £814).
9
Operating lease commitments
2025
2024
At 31 July 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,544
6,074
Later than one year and not later than five years
-
9,618
10
Average number of employees
During the year the average number of employees was 12 (2024: 12).