SUSSEX EMPOWERED LIVING LTD.

SUSSEX EMPOWERED LIVING LTD.

SUSSEX EMPOWERED LIVING LTD. - Company Information

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SUSSEX EMPOWERED LIVING LTD.

Company Registration Number:
08964756 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2022

Period of accounts

Start date: 01 April 2021

End date: 28 February 2022

SUSSEX EMPOWERED LIVING LTD.

Contents of the Financial Statements

for the Period Ended 28 February 2022

Balance sheet
Notes

SUSSEX EMPOWERED LIVING LTD.

Balance sheet

As at 28 February 2022


Notes
11 months to 28 February 2022
2021


£
£
Fixed assets
Tangible assets: 3 0 18,932
Total fixed assets: 0 18,932
Current assets
Debtors: 4 1,104,848 170,517
Cash at bank and in hand:   854,118
Total current assets: 1,104,848 1,024,635
Creditors: amounts falling due within one year:     (186,437)
Net current assets (liabilities): 1,104,848 838,198
Total assets less current liabilities: 1,104,848 857,130
Total net assets (liabilities): 1,104,848 857,130
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,104,748 857,030
Shareholders funds: 1,104,848 857,130

The notes form part of these financial statements

SUSSEX EMPOWERED LIVING LTD.

Balance sheet statements

For the year ending 28 February 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2022
and signed on behalf of the board by:

Name: G J Fitton
Status: Director

The notes form part of these financial statements

SUSSEX EMPOWERED LIVING LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capableof operating in the manner intended by management.Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.Depreciation is provided on the following basis:Plant and machinery - 25%Fixtures and fittings - 25%Office equipment - 25%The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the income statement.

SUSSEX EMPOWERED LIVING LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2022

2. Employees

11 months to 28 February 2022 2021
Average number of employees during the period 26 40

SUSSEX EMPOWERED LIVING LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 27,420
Transfers (27,420)
At 28 February 2022 0
Depreciation
At 01 April 2021 8,488
Charge for year 2,280
Other adjustments (10,768)
At 28 February 2022 0
Net book value
At 28 February 2022 0
At 31 March 2021 18,932

On 29 September 2021 all the assets were transferred to Achieve Together Limited as part of a hive up of the Company's trade and net assets.

SUSSEX EMPOWERED LIVING LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2022

4. Debtors

11 months to 28 February 2022 2021
££
Debtors due after more than one year: 1,104,848 170,517

SUSSEX EMPOWERED LIVING LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2022

5. Related party transactions

The Company has taken the exemption provided under FRS 102 to not disclose intercompany transactions between members of the Group where the entities are wholly owned by the parentCompany.