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Company Registration No. 11642619 (England and Wales)
Lifetime Property Solutions LTD Unaudited accounts for the year ended 31 October 2025
Lifetime Property Solutions LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Lifetime Property Solutions LTD Company Information for the year ended 31 October 2025
Directors
Mr J Lack Mr P Schwerdt
Company Number
11642619 (England and Wales)
Registered Office
CADLEY FARM LAVINGTON ROAD POTTERNE DEVIZES SN10 5QU UNITED KINGDOM
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Lifetime Property Solutions LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
(17)
(119)
Creditors: amounts falling due within one year
4
(1,400)
(1,000)
Net current liabilities
(1,417)
(1,119)
Total assets less current liabilities
(1,417)
(1,119)
Creditors: amounts falling due after more than one year
5
(100,000)
(100,000)
Net liabilities
(101,417)
(101,119)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(101,418)
(101,120)
Shareholders' funds
(101,417)
(101,119)
For the year ending 31 October 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 14 July 2026 and were signed on its behalf by
Mr P Schwerdt Director Company Registration No. 11642619
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Lifetime Property Solutions LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Lifetime Property Solutions LTD is a private company, limited by shares, registered in England and Wales, registration number 11642619. The registered office is CADLEY FARM LAVINGTON ROAD, POTTERNE, DEVIZES, SN10 5QU, 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.
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
600
400
Accruals
800
600
1,400
1,000
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
100,000
100,000
There is £100,000 of Loan notes included in the accounts. The notes shall be repaid on the earlier of FCA approval or the completion of the Relevant Fund Raising of £10,000,000. The company intends to convert the Notes into shares.
6
Contingent liabilities
The Loans in the account are due to be repaid subject to receiving an Financial Conduct Authority (FCA) license. Upon receiving the FCA license the creditors have the option of receiving there monies back or share capital within the company. If the company does not receive the FCA license the loans do not fall due and will have to be written off. Currently there is no chance of an FCA license, however, the directors are looking to change the company to start to make profits to enable the company to repay these loan notes or convert them to shares.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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