REGISTERED NUMBER: 12237018 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Lifecycle Consultancy Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

C Fourie

G D Franca

A P Leino

C E L Sampson

REGISTERED OFFICE:

C/O Millward May and Co

55a Peach Street

Wokingham

Berkshire

RG40 1XP

REGISTERED NUMBER:

12237018 (England and Wales)

ACCOUNTANTS:

Millward, May & Co

The Overhangs

55a Peach Street

Wokingham

Berkshire

RG40 1XP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,900

5,417

2,900

5,417

CURRENT ASSETS

Debtors

6

349,763

284,082

Cash at bank

26,842

51,144

376,605

335,226

CREDITORS

Amounts falling due within one year

7

294,691

210,018

NET CURRENT ASSETS

81,914

125,208

TOTAL ASSETS LESS CURRENT LIABILITIES

84,814

130,625

PROVISIONS FOR LIABILITIES

651

-

NET ASSETS

84,163

130,625

RESERVES

Retained earnings

84,163

130,625

SHAREHOLDERS' FUNDS

84,163

130,625

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

C Fourie - Director

1.	STATUTORY INFORMATION

Lifecycle Consultancy Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 5 year straight line

Computer equipment - 3 year straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

78,051

Disposals

(78,051

)

At 31 March 2026

-

AMORTISATION

At 1 April 2025

78,051

Eliminated on disposal

(78,051

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

-

15,709

15,709

Additions

360

-

360

Disposals

-

(7,098

)

(7,098

)

At 31 March 2026

360

8,611

8,971

DEPRECIATION

At 1 April 2025

-

10,292

10,292

Charge for year

66

2,765

2,831

Eliminated on disposal

-

(7,052

)

(7,052

)

At 31 March 2026

66

6,005

6,071

NET BOOK VALUE

At 31 March 2026

294

2,606

2,900

At 31 March 2025

-

5,417

5,417

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

296,428

236,928

Other debtors

53,335

47,154

349,763

284,082

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

95,037

58,846

Taxation and social security

70,781

110,854

Other creditors

128,873

40,318

294,691

210,018

8.	RELATED PARTY DISCLOSURES

During the period the company had transactions with a connected company, Clearlake Holdings Ltd, who fully own by Lifecycle Consultancy Services Ltd.

At the period end Lifecycle Consultancy Services Ltd is owed a balance of £39,196 (2025- £39,195) from Clearlake Holdings Ltd. This balance is shown within other debtors.

Under Group Relief rules, £550 of losses were surrendered from Clearlake Holdings Ltd to Lifecycle Consultancy Services Ltd.

During the period the company had transactions with a connected company, Rethink Holdings Limited. The companies are connected through the significant interest of the directors.

At the period end Lifecycle Consultancy Services Ltd is owed a balance of £NIL (2025- £1,151) from Rethink Holdings Limited. This balance is shown within other debtors.