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REGISTERED NUMBER: 09173353













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2021 TO 30 AUGUST 2022

FOR

LIVE PRODUCTION MANAGEMENT LIMITED

LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 AUGUST 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIVE PRODUCTION MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 AUGUST 2022







DIRECTORS: M Heaps
Mrs C Heaps





REGISTERED OFFICE: 30 - 34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 09173353





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)

BALANCE SHEET
30 AUGUST 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,590 8,287

CURRENT ASSETS
Debtors 5 25,500 12,888
Cash at bank 72,913 75,306
98,413 88,194
CREDITORS
Amounts falling due within one year 6 (73,303 ) (48,838 )
NET CURRENT ASSETS 25,110 39,356
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,700

47,643

CREDITORS
Amounts falling due after more than one
year

7

(31,322

)

(33,542

)

PROVISIONS FOR LIABILITIES (1,632 ) -
NET ASSETS 746 14,101

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 646 14,001
SHAREHOLDERS' FUNDS 746 14,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)

BALANCE SHEET - continued
30 AUGUST 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by:





M Heaps - Director


LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 AUGUST 2022

1. STATUTORY INFORMATION

Live Production Management Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Government grants
Grants are accounted under the accruals model as permitted by FRS 102.

Grants of a revenue nature are recognised in "other income" within profit or loss in the same period as the related expenditure.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 AUGUST 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - 2 ).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2021 13,808
Additions 3,671
At 30 August 2022 17,479
DEPRECIATION
At 1 September 2021 5,521
Charge for period 3,368
At 30 August 2022 8,889
NET BOOK VALUE
At 30 August 2022 8,590
At 31 August 2021 8,287

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 13,500 12,888
Other debtors 12,000 -
25,500 12,888

LIVE PRODUCTION MANAGEMENT LIMITED (REGISTERED NUMBER: 09173353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 AUGUST 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts - 4,907
Trade creditors 2,710 641
Taxation and social security 58,577 23,067
Other creditors 12,016 20,223
73,303 48,838

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Other creditors 31,322 33,542

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
5,000 Ordinary A £0.01 50 50
5,000 Ordinary B £0.01 50 50
100 100