Lifescope Ltd,Ltd - AccountsLtd - Accounts

Lifescope Ltd,Ltd - AccountsLtd - Accounts

LIFESCOPE LTD - Company Information

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2017-04-01 09518970 2018-03-31 09518970 2017-04-01 2018-03-31 09518970 2017-03-31 09518970 2016-04-01 2017-03-31 09518970 uk-core:WithinOneYear 2017-03-31 09518970 uk-core:WithinOneYear 2018-03-31 09518970 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 09518970 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 09518970 uk-bus:Director1 2017-04-01 2018-03-31 09518970 uk-core:NetGoodwill 2017-04-01 2018-03-31 09518970 uk-core:Goodwill 2017-03-31 09518970 uk-core:Goodwill 2018-03-31 09518970 uk-core:Goodwill 2017-04-01 2018-03-31 09518970 uk-core:ComputerEquipment 2017-03-31 09518970 uk-core:ToolsEquipment 2017-03-31 09518970 uk-core:ComputerEquipment 2017-04-01 2018-03-31 09518970 uk-core:ToolsEquipment 2017-04-01 2018-03-31 09518970 uk-core:ToolsEquipment 2018-03-31 09518970 uk-core:ComputerEquipment 2018-03-31 iso4217:GBP 09518970 uk-bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 09518970 uk-bus:FRS102 2017-04-01 2018-03-31 09518970 uk-bus:FullAccounts 2017-04-01 2018-03-31 09518970 uk-bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31
Draft
Lifescope Ltd
Registered Number:09518970
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 March 2018
Lifescope Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 31 March 2018
Lifescope Ltd
Statement of Financial Position
Registered Number :
09518970
£
£
2017
2018
Notes
Fixed assets
Intangible assets
7,770
8,880
2
Property, plant and equipment
3,755
1,296
3
11,525
10,176
Current assets
Trade and other receivables
49,831
56,095
4
32,507
Cash and cash equivalents
2,299
58,394
82,338
Trade and other payables: amounts falling due within one year
(23,575)
(16,776)
5
58,763
41,618
Net current assets
Total assets less current liabilities
53,143
68,939
53,143
Net assets
68,939
Capital and reserves
Retained earnings
53,143
68,939
53,143
68,939
Shareholders' funds
For the year ended 31 March 2018 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 2018 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr Joanne Louise Stevenson Director
These financial statements were approved and authorised for issue by the Board on 20 February 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 March 2018
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
£
At 01 April 2017
11,100
At 31 March 2018
11,100
Amortisation
At 01 April 2017
2,220
1,110
Charge for year
At 31 March 2018
3,330
Net book value
At 31 March 2018
7,770
At 31 March 2017
8,880
2 of 3
5
Draft
For the year ended 31 March 2018
Lifescope Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or valuation
At 01 April 2017
2,238
848
1,390
3,577
2,697
880
Additions
At 31 March 2018
2,270
3,545
5,815
Provision for depreciation and impairment
At 01 April 2017
942
664
278
Charge for year
1,118
720
398
At 31 March 2018
2,060
1,384
676
At 31 March 2018
Net book value
1,594
2,161
3,755
At 31 March 2017
1,112
184
1,296
4. Trade and other receivables
2017
2018
£
£
Trade debtors
35,935
30,874
Other debtors
20,160
18,957
49,831
56,095
5. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
4,067
5,774
Taxation and social security
12,594
17,482
Other creditors
115
319
16,776
23,575
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