Company Registration No. 12775065 (England and Wales)
FX LIVE LIMITED
Unaudited accounts
for the year ended 31 March 2023
FX LIVE LIMITED
Unaudited accounts
Contents
FX LIVE LIMITED
Company Information
for the year ended 31 March 2023
Directors
ANDREW CARRUTHERS
JOE WILLIAMS
JAMES PARTRIDGE
Company Number
12775065 (England and Wales)
Registered Office
The Office, Cocknells Farm
Standish Lane
Moreton Valence
Gloucestershire
GL2 7LZ
United Kingdom
Accountants
EMCHAJO LIMITED
10 BOWNHAM MEAD
RODBOROUGH COMMON
STROUD
GLOUCESTERSHIRE
GL5 5DZ
FX LIVE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
143,529
132,046
Cash at bank and in hand
40,808
47,885
Creditors: amounts falling due within one year
(67,150)
(111,933)
Net current assets
24,841
112,536
Net assets
168,370
244,582
Called up share capital
100
100
Profit and loss account
168,270
244,482
Shareholders' funds
168,370
244,582
For the year ending 31 March 2023 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.
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 26 June 2023 and were signed on its behalf by
JOE WILLIAMS
Director
Company Registration No. 12775065
FX LIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
FX LIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12775065. The registered office is The Office, Cocknells Farm, Standish Lane, Moreton Valence, Gloucestershire, GL2 7LZ, United Kingdom.
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:
Plant & machinery
20% STRAIGHT LINE (10% STRAIGHT LINE FOR SNOW EQUIPMENT)
Fixtures & fittings
20% STRAIGHT LINE
Computer equipment
33% STRAIGHT LINE
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
160,548
330
5,421
166,299
Additions
35,157
1,320
4,477
40,954
At 31 March 2023
195,705
1,650
9,898
207,253
At 1 April 2022
32,714
38
1,501
34,253
Charge for the year
24,816
358
4,297
29,471
At 31 March 2023
57,530
396
5,798
63,724
At 31 March 2023
138,175
1,254
4,100
143,529
At 31 March 2022
127,834
292
3,920
132,046
FX LIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
27,120
94,436
Other debtors
1,600
57,723
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,849
38,873
Taxes and social security
26,890
27,701
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).