Lifescope Ltd,Ltd - Accounts

LIFESCOPE LTD - Company Information

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Draft

Lifescope Ltd

Registered Number:09518970

For the year ended 31 March 2016

England and Wales

Report of the Directors and Unaudited Financial Statements

Draft

For the year ended 31 March 2016

Lifescope Ltd

Contents Page

Company Information

Dr Joanne Louise Stevenson

Directors

Mr Steven Davis

09518970

Registered Number

113a St Leonards Road

Registered Office

Norwich

Norfolk

NR1 4JF

Sarah Heffer Accountancy Ltd

Accountants

15 Mahoney Green

Rackheath

Norwich

NR13 6JY

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For the year ended 31 March 2016

Lifescope Ltd

Directors' Report

The directors present their report and financial statements for the year ended 31 March 2016.

Principal activities

The principal activity of the company continued to be that of specialists medical practice activities.

Directors

The directors who served the company throughout the year were as follows:

Dr Joanne Louise Stevenson

Mr Steven Davis

Dr Joanne Louise Stevenson

Signed on behalf of the board of directors

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Date:

16 December 2016

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For the year ended 31 March 2016

Lifescope Ltd

Independent Accountants' Report

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the

year ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. In

accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your

statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sarah Heffer Accountancy Ltd

15 Mahoney Green

Rackheath

Norwich

NR13 6JY

Date:

16 December 2016

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For the year ended 31 March 2016

Lifescope Ltd

Income Statement

2016

Turnover

131,675

Cost of sales

(2,625)

Gross profit

129,050

Administrative expenses

(20,449)

Operating profit

108,601

Other interest receivable and similar income

108,656

Profit before taxation

(21,748)

Taxation

86,908

Profit for the financial year

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As at 31 March 2016

Lifescope Ltd

Statement of Financial Position

Registered Number :

09518970

2016

Notes

Fixed assets

Intangible assets

9,990

Property, plant and equipment

246

10,236

Current assets

Trade and other receivables

39,851

Cash and cash equivalents

45,422

85,273

Trade and other payables: amounts falling due within one year

(30,899)

54,374

Net current assets

Total assets less current liabilities

64,610

Net assets/liabilities

Capital and reserves

Retained earnings

64,610

Shareholders' funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Dr Joanne Louise Stevenson

These financial statements were approved and authorised for issue by the Board on 16 December 2016 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2016

Lifescope Ltd

Notes to the Financial Statements

Statutory Information

Lifescope Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 09518970.

Registered address:

113a St Leonards Road

Norwich

Norfolk

NR1 4JF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard

102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial

statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 10 years.

2. Intangible fixed assets

Goodwill

Cost or valuation

Additions

11,100

At 31 March 2016

11,100

Amortisation

1,110

Charge for year

At 31 March 2016

1,110

Net book value

At 31 March 2016

9,990

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For the year ended 31 March 2016

Lifescope Ltd

Notes to the Financial Statements Continued

3. Property, plant and equipment

Computer

Equipment

Cost or valuation

848

Additions

At 31 March 2016

848

Provision for depreciation and impairment

At 01 April 2015

520

Charge for year

At 31 March 2016

602

At 31 March 2016

Net book value

246

4. Trade and other receivables

2016

Trade debtors

39,312

Other debtors

539

39,851

5. Trade and other payables: amounts falling due within one year

2016

Trade creditors

4,485

Taxation and social security

22,042

Other creditors

4,372

30,899

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For the year ended 31 March 2016

Lifescope Ltd

Notes to the Financial Statements Continued

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