1 November 2021 false No description of principal activity Taxfiler 2023.10 11013147business:PrivateLimitedCompanyLtd2021-11-012022-10-31 110131472021-10-31 110131472021-11-012022-10-31 11013147business:AuditExemptWithAccountantsReport2021-11-012022-10-31 11013147business:AbridgedAccounts2021-11-012022-10-31 110131472022-10-31 11013147business:Director12021-11-012022-10-31 11013147business:Director22021-11-012022-10-31 11013147business:CompanySecretary12021-11-012022-10-31 11013147business:RegisteredOffice2021-11-012022-10-31 110131472021-10-31 11013147core:WithinOneYear2022-10-31 11013147core:WithinOneYear2021-10-31 11013147core:AfterOneYear2022-10-31 11013147core:AfterOneYear2021-10-31 11013147core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 11013147core:ShareCapitalcore:PreviouslyStatedAmount2021-10-31 11013147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 11013147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-10-31 11013147core:PreviouslyStatedAmount2022-10-31 11013147core:PreviouslyStatedAmount2021-10-31 11013147business:SmallEntities2021-11-012022-10-31 11013147countries:EnglandWales2021-11-012022-10-31 11013147core:FurnitureFittings2021-11-012022-10-31 11013147core:ComputerEquipment2021-11-012022-10-31 110131472020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 11013147 (England and Wales)
Liv Financial Solutions Ltd Unaudited accounts for the year ended 31 October 2022
Liv Financial Solutions Ltd Unaudited accounts Contents
Page
- 2 -
Liv Financial Solutions Ltd Company Information for the year ended 31 October 2022
Directors
Amjid Khan Saiqa Khan
Secretary
Amjid Khan
Company Number
11013147 (England and Wales)
Registered Office
Sutherland House, Suite 1 Matlock Road Coventry West Midlands CV1 4JQ
Accountants
Burrowdale Accountancy Services Ltd 149 Duggins Lane Coventry West Midlands CV4 9GP
- 3 -
Liv Financial Solutions Ltd Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,176 
1,649 
Current assets
Debtors
28,897 
881 
Cash at bank and in hand
6,336 
24,387 
35,233 
25,268 
Creditors: amounts falling due within one year
(9,242)
(6,484)
Net current assets
25,991 
18,784 
Total assets less current liabilities
28,167 
20,433 
Creditors: amounts falling due after more than one year
(5,368)
- 
Net assets
22,799 
20,433 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,699 
20,333 
Shareholders' funds
22,799 
20,433 
For the year ending 31 October 2022 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2023 and were signed on its behalf by
Saiqa Khan Director Company Registration No. 11013147
- 4 -
Liv Financial Solutions Ltd Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
Liv Financial Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11013147. The registered office is Sutherland House, Suite 1, Matlock Road, Coventry, West Midlands, CV1 4JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Reducing Balance
Computer equipment
15% Reducing Balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2021
2,901 
Additions
911 
At 31 October 2022
3,812 
Depreciation
At 1 November 2021
1,252 
Charge for the year
384 
At 31 October 2022
1,636 
Net book value
At 31 October 2022
2,176 
At 31 October 2021
1,649 
5
Average number of employees
During the year the average number of employees was 2 (2021: 1).
- 5 -