Life Skills Rotherham Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11895907 (England and Wales)

Unaudited Financial Statements for the Year Ended 20 March 2023

for

Life Skills Rotherham Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr F McKeith

Mr J Moore

REGISTERED OFFICE:

1 & 2 Derwent Way

Rotherham

South Yorkshire

S63 6EX

REGISTERED NUMBER:

11895907 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

4,384

5,844

CURRENT ASSETS

Debtors

6

6,268

7,000

CREDITORS

Amounts falling due within one year

7

47,910

45,720

NET CURRENT LIABILITIES

(41,642

)

(38,720

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,258

)

(32,876

)

CREDITORS

Amounts falling due after more than one year

8

56,860

60,602

NET LIABILITIES

(94,118

)

(93,478

)

RESERVES

Income and expenditure account

(94,118

)

(93,478

)

(94,118

)

(93,478

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 20 March 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 20 March 2023 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 March 2024 and were signed on its behalf by:

Mr F McKeith - Director

1.	STATUTORY INFORMATION

Life Skills Rotherham Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 21 March 2022

and 20 March 2023

10,630

DEPRECIATION

At 21 March 2022

4,786

Charge for year

1,460

At 20 March 2023

6,246

NET BOOK VALUE

At 20 March 2023

4,384

At 20 March 2022

5,844

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

6,268

7,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

13,009

15,037

Trade creditors

3,360

-

Taxation and social security

21,311

19,008

Other creditors

10,230

11,675

47,910

45,720

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

16,860

20,602

Other creditors

40,000

40,000

56,860

60,602

9.	LIMITED BY GUARANTEE

The company is limited by guarantee of members and does not have a share capital.