Life Pivot Ltd - Accounts to registrar (filleted) - small 18.2
Life Pivot Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 June 2020 |
for |
Life Pivot Ltd |
Life Pivot Ltd (Registered number: 08582887) |
Contents of the Financial Statements |
for the Year Ended 30 June 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Life Pivot Ltd |
Company Information |
for the Year Ended 30 June 2020 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Rodney House |
Clifton Down Road |
Clifton |
Bristol |
BS8 4AL |
Life Pivot Ltd (Registered number: 08582887) |
Balance Sheet |
30 June 2020 |
30.6.20 | 30.6.19 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Life Pivot Ltd (Registered number: 08582887) |
Balance Sheet - continued |
30 June 2020 |
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 |
Life Pivot Ltd (Registered number: 08582887) |
Notes to the Financial Statements |
for the Year Ended 30 June 2020 |
1. | STATUTORY INFORMATION |
Life Pivot Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
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 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 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Life Pivot Ltd (Registered number: 08582887) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2020 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 July 2019 |
and 30 June 2020 |
DEPRECIATION |
At 1 July 2019 |
Charge for year |
At 30 June 2020 |
NET BOOK VALUE |
At 30 June 2020 |
At 30 June 2019 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 1 July 2019 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 June 2020 |
NET BOOK VALUE |
At 30 June 2020 |
At 30 June 2019 |
Cost or valuation at 30 June 2020 is represented by: |
Other |
investments |
£ |
Valuation in 0 | 98,688 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.20 | 30.6.19 |
£ | £ |
Other creditors |
Life Pivot Ltd (Registered number: 08582887) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2020 |
7. | RELATED PARTY DISCLOSURES |
During the year B Askew introduced working capital of £312 (2019: £65,208) into the Company. As at the balance sheet date, the Company owed B Askew £274 (2019: £71). |
8. | ULTIMATE CONTROLLING PARTY |
The Company is controlled by B Askew and H Askew by virtue of their equal shareholding. |