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
Liv Financial Solutions Ltd
Company Information
for the year ended 31 October 2022
Directors
Amjid Khan
Saiqa 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
Liv Financial Solutions Ltd
Statement of financial position
as at 31 October 2022
Tangible assets
2,176
1,649
Cash at bank and in hand
6,336
24,387
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)
-
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
Liv Financial Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
5
Average number of employees
During the year the average number of employees was 2 (2021: 1).