REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
FOR |
|
LIFE IS THIS LTD |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
FOR |
|
LIFE IS THIS LTD |
LIFE IS THIS LTD (REGISTERED NUMBER: 12970078) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company information | 1 |
|
Balance sheet | 2 |
|
Notes to the financial statements | 3 |
|
LIFE IS THIS LTD |
|
COMPANY INFORMATION |
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Elfed House |
Oak Tree Court |
Cardiff Gate Business Park |
Cardiff |
CF23 8RS |
LIFE IS THIS LTD (REGISTERED NUMBER: 12970078) |
|
BALANCE SHEET |
31 OCTOBER 2021 |
|
Notes | £ |
FIXED ASSETS |
Investments | 4 |
|
|
CURRENT ASSETS |
Cash at bank |
|
|
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
Retained earnings | ( |
) |
( |
) |
|
|
|
|
|
The director acknowledges his 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
|
The financial statements were approved and authorised for issue by the director and authorised for issue on
|
|
|
|
|
|
|
|
LIFE IS THIS LTD (REGISTERED NUMBER: 12970078) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
|
1. | STATUTORY INFORMATION |
|
Life is This Ltd is a
|
|
The presentation currency of the financial statements is Pound Sterling (£). |
|
2. | ACCOUNTING POLICIES |
|
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
|
|
TAXATION |
Taxation for the period 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 balance sheet date. |
|
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the period was NIL. |
|
4. | FIXED ASSET INVESTMENTS |
|
The director has considered the market values of the of the fixed asset investment assets in the accounts and it was agreed that the market values have not changed during the year and should remain at £33,401. |
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to participating interests |
|
Other creditors |
|
|
LIFE IS THIS LTD (REGISTERED NUMBER: 12970078) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 23 OCTOBER 2020 TO 31 OCTOBER 2021 |
|
|
6. | RELATED PARTY DISCLOSURES |
|
During the year the company's loan rose to £14,000, from a company with common directors. The |
loan is repayable on demand and is interest free. |