1 October 2022 false No description of principal activity Taxfiler 2023.10 07458876business:PrivateLimitedCompanyLtd2022-10-012023-09-30 074588762022-09-30 074588762022-10-012023-09-30 07458876business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 07458876business:FilletedAccounts2022-10-012023-09-30 074588762023-09-30 07458876business:Director12022-10-012023-09-30 07458876business:Director22022-10-012023-09-30 07458876business:RegisteredOffice2022-10-012023-09-30 074588762022-09-30 07458876core:WithinOneYear2023-09-30 07458876core:WithinOneYear2022-09-30 07458876core:AfterOneYear2023-09-30 07458876core:AfterOneYear2022-09-30 07458876core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 07458876core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 07458876core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 07458876core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 07458876core:PreviouslyStatedAmount2023-09-30 07458876core:PreviouslyStatedAmount2022-09-30 07458876business:SmallEntities2022-10-012023-09-30 07458876countries:EnglandWales2022-10-012023-09-30 07458876core:FurnitureFittings2022-10-012023-09-30 07458876core:ComputerEquipment2022-10-012023-09-30 07458876core:FurnitureFittings2022-09-30 07458876core:ComputerEquipment2022-09-30 07458876core:FurnitureFittings2023-09-30 07458876core:ComputerEquipment2023-09-30 07458876core:AfterOneYear2022-10-012023-09-30 07458876business:Director112022-10-012023-09-30 07458876business:Director112022-09-30 07458876business:Director112023-09-30 07458876business:Director222022-10-012023-09-30 07458876business:Director222022-09-30 07458876business:Director222023-09-30 074588762021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07458876 (England and Wales)
Livewire Recruitment Limited Unaudited accounts for the year ended 30 September 2023
Livewire Recruitment Limited Unaudited accounts Contents
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Livewire Recruitment Limited Company Information for the year ended 30 September 2023
Directors
Eleanor-Jo Cuckney Matthew McEntegart
Company Number
07458876 (England and Wales)
Registered Office
Cherry Blossom Two Dells Lane, Ashley Green CHESHAM Bucks HP5 3RB
Accountants
Milltree Accounting Limited Mills Farmhouse Oakley Green Road WINDSOR Berkshire SL4 4QF
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Livewire Recruitment Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,016 
8,255 
Current assets
Debtors
243,667 
207,452 
Cash at bank and in hand
- 
5,918 
243,667 
213,370 
Creditors: amounts falling due within one year
(206,555)
(173,875)
Net current assets
37,112 
39,495 
Total assets less current liabilities
42,128 
47,750 
Creditors: amounts falling due after more than one year
(34,164)
(39,164)
Provisions for liabilities
Deferred tax
(1,254)
(2,063)
Net assets
6,710 
6,523 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
5,710 
5,523 
Shareholders' funds
6,710 
6,523 
For the year ending 30 September 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 16 January 2024 and were signed on its behalf by
Eleanor-Jo Cuckney Director Company Registration No. 07458876
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Livewire Recruitment Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Livewire Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 07458876. The registered office is Cherry Blossom, Two Dells Lane, Ashley Green, CHESHAM, Bucks, HP5 3RB.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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
25% straight line
Computer equipment
25% straight line
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
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Livewire Recruitment Limited Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
18,153 
2,104 
20,257 
At 30 September 2023
18,153 
2,104 
20,257 
Depreciation
At 1 October 2022
10,938 
1,064 
12,002 
Charge for the year
2,711 
528 
3,239 
At 30 September 2023
13,649 
1,592 
15,241 
Net book value
At 30 September 2023
4,504 
512 
5,016 
At 30 September 2022
7,215 
1,040 
8,255 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,524 
24 
Other debtors
231,143 
207,428 
243,667 
207,452 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
13,279 
- 
VAT
94,055 
74,281 
Trade creditors
987 
3,262 
Taxes and social security
98,234 
95,409 
Other creditors
- 
923 
206,555 
173,875 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,164 
39,164 
Bank loans represent a Bounce Back Loan for which the company has not given any security or guarantee.
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Livewire Recruitment Limited Notes to the Accounts for the year ended 30 September 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Eleanor-Jo Cuckney
Loan to Director
103,713 
265,764 
253,958 
115,519 
Matthew McEntegart
Loan to Director
103,715 
116,973 
105,170 
115,518 
207,428 
382,737 
359,128 
231,037 
During the year the directors entered into the above advances and credits with the company. Loans to directors are repayable on demand and charged interest at a rate of 2.25% per annum and included in Other Debtors.
9
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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