Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

HOME EMERGENCY ASSIST LIMITED - Company Information

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2013-12-012015-03-3108279496falsetruehttp://www.companieshouse.gov.uk/cd:Director12013-12-012015-03-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-12-012015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-11-30http://www.companieshouse.gov.uk/pt:FixturesFittings2013-12-012015-03-31http://www.companieshouse.gov.uk/2013-04-012013-11-30http://www.companieshouse.gov.uk/2013-12-012015-03-31http://www.companieshouse.gov.uk/2013-11-30http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2013-12-012015-03-31http://www.companieshouse.gov.uk/2013-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08279496
LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
ABBREVIATED ACCOUNTS
FOR THE 486 DAY PERIOD ENDED 31/03/2015
Prepared By:
Top Branch Partners Limted
Accountants
10 Highview Business Park
High Street
Bordon
Hampshire
GU35 0AX

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
ABBREVIATED ACCOUNTS
FOR THE 486 DAY PERIOD ENDED 31/03/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08279496

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
Registered Number: 08279496
BALANCE SHEET AT 31/03/2015
20152014
Notes££
FIXED ASSETS
Tangible assets210,723-
CURRENT ASSETS
Debtors (amounts falling due within one year)33,88319,233
Cash at bank and in hand273,604122,255
277,487141,488
CREDITORS: Amounts falling due within one year516,012101,946
NET CURRENT (LIABILITIES) / ASSETS(238,525)39,542
TOTAL ASSETS LESS CURRENT LIABILITIES(227,802)39,542
CREDITORS: Amounts falling due after more than one year466,79863,118
NET LIABILITIES(294,600)(23,576)
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account(294,601)(23,577)
SHAREHOLDERS' FUNDS(294,600)(23,576)
For the year ending 31/03/2015 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 22/12/2015 and signed on their behalf by
NICHOLAS YORKE
Director

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
NOTES TO THE ACCOUNTS
FOR THE 486 DAY PERIOD ENDED 31/03/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
Additions12,61512,615
At 31/03/201512,61512,615
Depreciation
For the 486 day period1,8921,892
At 31/03/20151,8921,892
Net Book Amounts
At 31/03/201510,72310,723

LIFESTYLE PROTECT LIMTED T/A Home Emergency Assist
3. DEBTORS 20152014
££
Amounts falling due within one year:
Other debtors3,88319,233
3,88319,233
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20152014
££
Bank loans and overdrafts57,00060,000
Other creditors9,7983,118
66,79863,118
5. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
6. RELATED PARTY TRANSACTIONS
The controlling party during the period was Nicholas Yorke who holds 100% of the share capital of Lifestyle Protect Limited. Lifestyle Protect is authorised and regulated to trade using PCJ Limited's permissions under FRN 584710. Nicholas Yorke is also the sole director and shareholder of PCJ Limited.
All insurance premiums are collected in the first instance by PCJ Limited. They are then transferred to Lifestyle Protect Limited on a weekly basis. The value of the Insurance Premiums collected in this way was £1,085,044. In return Lifestyle Protect limited pays PCJ Limited Compliance and Appointed Representative Fees (£94,233) and Merchant Fees (£41,817).
At the end of the financial year Lifestyle Protect had an outstanding creditor of £62,626 owed to PCJ Limited. There is no provision for doubtful debts.