LOUDER THAN LIFE LIMITED

LOUDER THAN LIFE LIMITED - Company Information

2022-04-012023-03-312023-03-31false06531392LOUDER THAN LIFE LIMITED2023-08-2232200iso4217:GBPxbrli:pure065313922022-04-01065313922023-03-31065313922022-04-012023-03-31065313922021-04-01065313922022-03-31065313922021-04-012022-03-3106531392bus:SmallEntities2022-04-012023-03-3106531392bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3106531392bus:FullAccounts2022-04-012023-03-3106531392bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106531392core:WithinOneYear2023-03-3106531392core:AfterOneYear2023-03-3106531392core:WithinOneYear2022-03-3106531392core:AfterOneYear2022-03-3106531392core:ShareCapital2023-03-3106531392core:SharePremium2023-03-3106531392core:RevaluationReserve2023-03-3106531392core:OtherReservesSubtotal2023-03-3106531392core:RetainedEarningsAccumulatedLosses2023-03-3106531392core:ShareCapital2022-03-3106531392core:SharePremium2022-03-3106531392core:RevaluationReserve2022-03-3106531392core:OtherReservesSubtotal2022-03-3106531392core:RetainedEarningsAccumulatedLosses2022-03-3106531392core:LandBuildings2023-03-3106531392core:PlantMachinery2023-03-3106531392core:Vehicles2023-03-3106531392core:FurnitureFittings2023-03-3106531392core:OfficeEquipment2023-03-3106531392core:NetGoodwill2023-03-3106531392core:IntangibleAssetsOtherThanGoodwill2023-03-3106531392core:ListedExchangeTraded2023-03-3106531392core:UnlistedNon-exchangeTraded2023-03-3106531392core:LandBuildings2022-03-3106531392core:PlantMachinery2022-03-3106531392core:Vehicles2022-03-3106531392core:FurnitureFittings2022-03-3106531392core:OfficeEquipment2022-03-3106531392core:NetGoodwill2022-03-3106531392core:IntangibleAssetsOtherThanGoodwill2022-03-3106531392core:ListedExchangeTraded2022-03-3106531392core:UnlistedNon-exchangeTraded2022-03-3106531392core:LandBuildings2022-04-012023-03-3106531392core:PlantMachinery2022-04-012023-03-3106531392core:Vehicles2022-04-012023-03-3106531392core:FurnitureFittings2022-04-012023-03-3106531392core:OfficeEquipment2022-04-012023-03-3106531392core:NetGoodwill2022-04-012023-03-3106531392core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106531392core:ListedExchangeTraded2022-04-012023-03-3106531392core:UnlistedNon-exchangeTraded2022-04-012023-03-3106531392core:MoreThanFiveYears2022-04-012023-03-3106531392core:Non-currentFinancialInstruments2023-03-3106531392core:Non-currentFinancialInstruments2022-03-3106531392dpl:CostSales2022-04-012023-03-3106531392dpl:DistributionCosts2022-04-012023-03-3106531392dpl:AdministrativeExpenses2022-04-012023-03-3106531392core:LandBuildings2022-04-012023-03-3106531392core:PlantMachinery2022-04-012023-03-3106531392core:Vehicles2022-04-012023-03-3106531392core:FurnitureFittings2022-04-012023-03-3106531392core:OfficeEquipment2022-04-012023-03-3106531392core:NetGoodwill2022-04-012023-03-3106531392core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106531392dpl:GroupUndertakings2022-04-012023-03-3106531392dpl:ParticipatingInterests2022-04-012023-03-3106531392dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106531392core:ListedExchangeTraded2022-04-012023-03-3106531392dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106531392core:UnlistedNon-exchangeTraded2022-04-012023-03-3106531392dpl:CostSales2021-04-012022-03-3106531392dpl:DistributionCosts2021-04-012022-03-3106531392dpl:AdministrativeExpenses2021-04-012022-03-3106531392core:LandBuildings2021-04-012022-03-3106531392core:PlantMachinery2021-04-012022-03-3106531392core:Vehicles2021-04-012022-03-3106531392core:FurnitureFittings2021-04-012022-03-3106531392core:OfficeEquipment2021-04-012022-03-3106531392core:NetGoodwill2021-04-012022-03-3106531392core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3106531392dpl:GroupUndertakings2021-04-012022-03-3106531392dpl:ParticipatingInterests2021-04-012022-03-3106531392dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3106531392core:ListedExchangeTraded2021-04-012022-03-3106531392dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3106531392core:UnlistedNon-exchangeTraded2021-04-012022-03-3106531392core:NetGoodwill2023-03-3106531392core:IntangibleAssetsOtherThanGoodwill2023-03-3106531392core:LandBuildings2023-03-3106531392core:PlantMachinery2023-03-3106531392core:Vehicles2023-03-3106531392core:FurnitureFittings2023-03-3106531392core:OfficeEquipment2023-03-3106531392core:AfterOneYear2023-03-3106531392core:WithinOneYear2023-03-3106531392core:ListedExchangeTraded2023-03-3106531392core:UnlistedNon-exchangeTraded2023-03-3106531392core:ShareCapital2023-03-3106531392core:SharePremium2023-03-3106531392core:RevaluationReserve2023-03-3106531392core:OtherReservesSubtotal2023-03-3106531392core:RetainedEarningsAccumulatedLosses2023-03-3106531392core:NetGoodwill2022-03-3106531392core:IntangibleAssetsOtherThanGoodwill2022-03-3106531392core:LandBuildings2022-03-3106531392core:PlantMachinery2022-03-3106531392core:Vehicles2022-03-3106531392core:FurnitureFittings2022-03-3106531392core:OfficeEquipment2022-03-3106531392core:AfterOneYear2022-03-3106531392core:WithinOneYear2022-03-3106531392core:ListedExchangeTraded2022-03-3106531392core:UnlistedNon-exchangeTraded2022-03-3106531392core:ShareCapital2022-03-3106531392core:SharePremium2022-03-3106531392core:RevaluationReserve2022-03-3106531392core:OtherReservesSubtotal2022-03-3106531392core:RetainedEarningsAccumulatedLosses2022-03-3106531392core:NetGoodwill2021-04-0106531392core:IntangibleAssetsOtherThanGoodwill2021-04-0106531392core:LandBuildings2021-04-0106531392core:PlantMachinery2021-04-0106531392core:Vehicles2021-04-0106531392core:FurnitureFittings2021-04-0106531392core:OfficeEquipment2021-04-0106531392core:AfterOneYear2021-04-0106531392core:WithinOneYear2021-04-0106531392core:ListedExchangeTraded2021-04-0106531392core:UnlistedNon-exchangeTraded2021-04-0106531392core:ShareCapital2021-04-0106531392core:SharePremium2021-04-0106531392core:RevaluationReserve2021-04-0106531392core:OtherReservesSubtotal2021-04-0106531392core:RetainedEarningsAccumulatedLosses2021-04-0106531392core:AfterOneYear2022-04-012023-03-3106531392core:WithinOneYear2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106531392core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3106531392core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3106531392core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3106531392core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3106531392core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3106531392bus:Director12022-04-012023-03-31065313921bus:Director12022-04-01065313921bus:Director12022-04-012023-03-31065313921bus:Director12023-03-31065313922022-04-01065313922022-04-012023-03-31065313922023-03-31

Registered Number
06531392
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

LOUDER THAN LIFE LIMITED

Company Information
for the year from 1 April 2022 to 31 March 2023


Director	BRAIN, Timothy Mark


Registered Address	Penistone 1 Regent Court, St. Mary's Street
	Penistone
	Sheffield
	S36 6DT


Registered Number	06531392 (England and Wales)

LOUDER THAN LIFE LIMITED

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		5,108		12,560
			5,108		12,560
Current assets
Debtors	7	194,167		144,575
Cash at bank and on hand		303		303
		194,470		144,878
Creditors amounts falling due within one year	8	(166,317)		(75,949)
Net current assets (liabilities)			28,153		68,929
Total assets less current liabilities			33,261		81,489
Creditors amounts falling due after one year	9		(55,496)		(42,844)
Net assets			(22,235)		38,645
Capital and reserves
Called up share capital			100		100
Share premium			21,982		21,982
Profit and loss account			(44,317)		16,563
Shareholders' funds			(22,235)		38,645

The company was entitled to exemption from audit for this reporting period 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 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. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 22 August 2023, and are signed on its behalf by:

BRAIN, Timothy Mark
Director
Registered Company No. 06531392

LOUDER THAN LIFE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2023		2022
	Average number of employees during the year	2		2

5.	Property, plant and equipment

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 22	42,285	22,974	21,367	86,626
At 31 March 23	42,285	22,974	21,367	86,626
Depreciation and impairment
At 01 April 22	40,817	18,407	14,842	74,066
Charge for year	1,468	914	5,070	7,452
At 31 March 23	42,285	19,321	19,912	81,518
Net book value
At 31 March 23	-	3,653	1,455	5,108
At 31 March 22	1,468	4,567	6,525	12,560

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
BRAIN, Timothy Mark	68,864	29,799	61,441	37,222
Interest Free Loan - repayable on demand
	68,864	29,799	61,441	37,222

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	130,073	61,455
Other debtors	37,222	68,865
Prepayments and accrued income	26,872	14,255
Total	194,167	144,575


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	96,371	19,310
Bank borrowings and overdrafts	1,937	791
Taxation and social security	35,904	24,976
Other creditors	26,996	25,762
Accrued liabilities and deferred income	5,109	5,110
Total	166,317	75,949


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	55,496	42,844
Total	55,496	42,844