1 April 2022 false No description of principal activity Taxfiler 2023.10 12775065business:PrivateLimitedCompanyLtd2022-04-012023-03-31 127750652022-03-31 127750652022-04-012023-03-31 12775065business:AuditExemptWithAccountantsReport2022-04-012023-03-31 12775065business:FilletedAccounts2022-04-012023-03-31 127750652023-03-31 12775065business:Director12022-04-012023-03-31 12775065business:Director22022-04-012023-03-31 12775065business:Director32022-04-012023-03-31 12775065business:RegisteredOffice2022-04-012023-03-31 127750652022-03-31 12775065core:WithinOneYear2023-03-31 12775065core:WithinOneYear2022-03-31 12775065core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12775065core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 12775065core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12775065core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 12775065core:PreviouslyStatedAmount2023-03-31 12775065core:PreviouslyStatedAmount2022-03-31 12775065business:SmallEntities2022-04-012023-03-31 12775065countries:EnglandWales2022-04-012023-03-31 12775065core:PlantMachinery2022-04-012023-03-31 12775065core:FurnitureFittings2022-04-012023-03-31 12775065core:ComputerEquipment2022-04-012023-03-31 12775065core:PlantMachinery2022-03-31 12775065core:FurnitureFittings2022-03-31 12775065core:ComputerEquipment2022-03-31 12775065core:PlantMachinery2023-03-31 12775065core:FurnitureFittings2023-03-31 12775065core:ComputerEquipment2023-03-31 127750652021-02-012022-03-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
FX LIVE LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
143,529 
132,046 
Current assets
Inventories
22,463 
24,425 
Debtors
28,720 
152,159 
Cash at bank and in hand
40,808 
47,885 
91,991 
224,469 
Creditors: amounts falling due within one year
(67,150)
(111,933)
Net current assets
24,841 
112,536 
Net assets
168,370 
244,582 
Capital and reserves
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
- 4 -
FX LIVE LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 31 March 2023
138,175 
1,254 
4,100 
143,529 
At 31 March 2022
127,834 
292 
3,920 
132,046 
- 5 -
FX LIVE LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,120 
94,436 
Other debtors
1,600 
57,723 
28,720 
152,159 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
20,589 
30,208 
Trade creditors
15,849 
38,873 
Taxes and social security
26,890 
27,701 
Other creditors
373 
- 
Accruals
3,449 
15,151 
67,150 
111,933 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -