LIFESTYLE PROTECT LIMITED - Accounts 2013

LIFESTYLE PROTECT LIMITED - Accounts 2013

HOME EMERGENCY ASSIST LIMITED - Company Information

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2012-12-012013-11-3008279496falsetruehttp://www.companieshouse.gov.uk/cd:Director12012-12-012013-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12012-12-012013-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-11-30http://www.companieshouse.gov.uk/2012-12-012013-11-30http://www.companieshouse.gov.uk/2013-11-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2012-12-012013-11-30http://www.companieshouse.gov.uk/2012-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08279496
LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/11/2013
Prepared By:
Top Branch Partners Limted
Accountants
Cedar House
Cedar Lane
Camberley
Surrey
GU16 7HZ

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/11/2013
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08279496

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
Registered Number: 08279496
BALANCE SHEET AT 30/11/2013
2013
Notes£
CURRENT ASSETS
Debtors (amounts falling due within one year)219,233
Cash at bank and in hand122,255
141,488
CREDITORS: Amounts falling due within one year101,947
NET CURRENT ASSETS39,541
TOTAL ASSETS LESS CURRENT LIABILITIES39,541
CREDITORS: Amounts falling due after more than one year363,117
NET LIABILITIES(23,576)
CAPITAL AND RESERVES
Called up share capital41
Profit and loss account(23,577)
SHAREHOLDERS' FUNDS(23,576)
For the year ending 30/11/2013 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 22/07/14 and signed on their behalf by
NICHOLAS YORKE
Director

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2013
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. DEBTORS 2013
£
Amounts falling due within one year:
Other debtors19,233
19,233
3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2013
£
Bank loans and overdrafts60,000
Other creditors3,117
63,117

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
4. SHARE CAPITAL 2013
£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each1
1
5. RELATED PARTY TRANSACTIONS
The controlling party during the period was Nicholas Yorke who holds 100% of the share capital of Lifestyle Protect Limited. Lifestyle Protect is authorised and regulated to trade using PCJ Limited's permissions under FRN 584710. Nicholas Yorke is also the sole director and shareholder of PCJ Limited.
All insurance premiums are collected in the first instance by PCJ Limited. They are then transferred to Lifestyle Protect Limited on a weekly basis. The value of the Insurance Premiums collected in this way was £250,001. In return Lifestyle Protect limited pays PCJ Limited Compliance and Appointed Representative Fees (£2,300), Merchant Fees (£9,422), and Compliance Commission (£23,033).
At the end of the financial year Lifestyle Protect had an outstanding debtor of £15,239 from PCJ Limited. There was an outstanding creditor of £14,613 owed to PCJ Limited. There is no provision for doubtful debts.