LIFESTYLE POLICY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Watson Buckle Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On this basis, the directors have a reasonable expectation that the company will maintain adequate solvency to continue in operational existence for the foreseeable future. Accordingly, the directors of the company have adopted the going concern basis in preparing these financial statements.”

Significant events

• “Lifestyle Policy Limited's vision over the next five years is to increase the value of the business by growing its insurance distribution activities and making efficiencies within its business.”
• “Turnover for the year increased to £10.2m compared to £9.0m in 2023. Operating Profit (before amortisation and interest for the year ended 30 September 2024 decreased to £1.1m compared to £3.4m in 2023 as the company invested in marketing and distribution activities to drive long-term business growth.”
• “As at 30 September 2024, the net assets of the company were £3.9m.”
• “Considerable focus is currently being given to the macro-economic environment, including factors such as the impact of inflation, interest rate uncertainty and geo-political instability and its effect on commodity prices and the potential for recession in the UK.”
• “Volume and complexity of regulatory change continues to be monitored through the enhanced horizon-scanning process, with the introduction of a formal and structured gap analysis, where required, to assess the impact of change on the company.”
• “The risk that the company does not recognise or take advantage of emerging technologies, including the use of artificial intelligence, is a key focus area for the business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +12.8%

  £9,002,621 → £10,155,147

  highest in 4 filed years

• Cash

  -7.7%

  £6,314,437 → £5,830,529

• Net assets

  -42.6%

  £6,730,348 → £3,865,463

• Employees

  +3.6%

  84 → 87

  highest in 6 filed years

• Operating profit

  -98%

  £2,504,742 → £48,932

  lowest in 4 filed years

• Profit before tax

  -111.3%

  £2,137,432 → -£241,239

  lowest in 4 filed years

• Wages

  +14.5%

  £2,424,293 → £2,775,063

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers