Company Registration No. 10760469 (England and Wales)
The Life of Riley Group Ltd
Unaudited accounts
for the year ended 31 July 2019
The Life of Riley Group Ltd
Unaudited accounts
Contents
The Life of Riley Group Ltd
Company Information
for the year ended 31 July 2019
Company Number
10760469 (England and Wales)
Registered Office
SUITE 10, THE GALLERY BARTON ROAD
WORSLEY
MANCHESTER
M28 2EB
ENGLAND
The Life of Riley Group Ltd
Statement of financial position
as at 31 July 2019
Tangible assets
49,266
73,900
Cash at bank and in hand
(12,623)
4,547
Creditors: amounts falling due within one year
(354,609)
(356,964)
Net current liabilities
(358,982)
(320,342)
Net liabilities
(309,716)
(246,442)
Profit and loss account
(309,716)
(246,442)
Shareholders' funds
(309,716)
(246,442)
For the year ending 31 July 2019 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 director acknowledges his 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.
Approved by the Board on 28 April 2019.
Samuel Riley
Director
Company Registration No. 10760469
The Life of Riley Group Ltd
Notes to the Accounts
for the year ended 31 July 2019
The Life of Riley Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 10760469. The registered office is SUITE 10, THE GALLERY BARTON ROAD, WORSLEY, MANCHESTER, M28 2EB, 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.
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:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Charge for the year
24,634
Finished goods
8,250
32,075
The Life of Riley Group Ltd
Notes to the Accounts
for the year ended 31 July 2019
6
Creditors: amounts falling due within one year
2019
2018
Amounts owed to group undertakings and other participating interests
271,646
268,538
Taxes and social security
(17)
-
Loans from directors
82,980
82,980
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
