2022-04-012023-03-312023-03-31false12224825DISCOVERY TO LIVE LTD2024-03-1478109iso4217:GBPxbrli:pure122248252022-04-01122248252023-03-31122248252022-04-012023-03-31122248252021-04-01122248252022-03-31122248252021-04-012022-03-3112224825bus:SmallEntities2022-04-012023-03-3112224825bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3112224825bus:AbridgedAccounts2022-04-012023-03-3112224825bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112224825core:WithinOneYear2023-03-3112224825core:AfterOneYear2023-03-3112224825core:WithinOneYear2022-03-3112224825core:AfterOneYear2022-03-3112224825core:ShareCapital2023-03-3112224825core:SharePremium2023-03-3112224825core:RevaluationReserve2023-03-3112224825core:OtherReservesSubtotal2023-03-3112224825core:RetainedEarningsAccumulatedLosses2023-03-3112224825core:ShareCapital2022-03-3112224825core:SharePremium2022-03-3112224825core:RevaluationReserve2022-03-3112224825core:OtherReservesSubtotal2022-03-3112224825core:RetainedEarningsAccumulatedLosses2022-03-3112224825core:LandBuildings2023-03-3112224825core:PlantMachinery2023-03-3112224825core:Vehicles2023-03-3112224825core:FurnitureFittings2023-03-3112224825core:OfficeEquipment2023-03-3112224825core:NetGoodwill2023-03-3112224825core:IntangibleAssetsOtherThanGoodwill2023-03-3112224825core:ListedExchangeTraded2023-03-3112224825core:UnlistedNon-exchangeTraded2023-03-3112224825core:LandBuildings2022-03-3112224825core:PlantMachinery2022-03-3112224825core:Vehicles2022-03-3112224825core:FurnitureFittings2022-03-3112224825core:OfficeEquipment2022-03-3112224825core:NetGoodwill2022-03-3112224825core:IntangibleAssetsOtherThanGoodwill2022-03-3112224825core:ListedExchangeTraded2022-03-3112224825core:UnlistedNon-exchangeTraded2022-03-3112224825core:LandBuildings2022-04-012023-03-3112224825core:PlantMachinery2022-04-012023-03-3112224825core:Vehicles2022-04-012023-03-3112224825core:FurnitureFittings2022-04-012023-03-3112224825core:OfficeEquipment2022-04-012023-03-3112224825core:NetGoodwill2022-04-012023-03-3112224825core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112224825core:ListedExchangeTraded2022-04-012023-03-3112224825core:UnlistedNon-exchangeTraded2022-04-012023-03-3112224825core:MoreThanFiveYears2022-04-012023-03-3112224825core:Non-currentFinancialInstruments2023-03-3112224825core:Non-currentFinancialInstruments2022-03-3112224825dpl:CostSales2022-04-012023-03-3112224825dpl:DistributionCosts2022-04-012023-03-3112224825core:LandBuildings2022-04-012023-03-3112224825core:PlantMachinery2022-04-012023-03-3112224825core:Vehicles2022-04-012023-03-3112224825core:FurnitureFittings2022-04-012023-03-3112224825core:OfficeEquipment2022-04-012023-03-3112224825dpl:AdministrativeExpenses2022-04-012023-03-3112224825core:NetGoodwill2022-04-012023-03-3112224825core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112224825dpl:GroupUndertakings2022-04-012023-03-3112224825dpl:ParticipatingInterests2022-04-012023-03-3112224825dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112224825core:ListedExchangeTraded2022-04-012023-03-3112224825dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112224825core:UnlistedNon-exchangeTraded2022-04-012023-03-3112224825dpl:CostSales2021-04-012022-03-3112224825dpl:DistributionCosts2021-04-012022-03-3112224825core:LandBuildings2021-04-012022-03-3112224825core:PlantMachinery2021-04-012022-03-3112224825core:Vehicles2021-04-012022-03-3112224825core:FurnitureFittings2021-04-012022-03-3112224825core:OfficeEquipment2021-04-012022-03-3112224825dpl:AdministrativeExpenses2021-04-012022-03-3112224825core:NetGoodwill2021-04-012022-03-3112224825core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3112224825dpl:GroupUndertakings2021-04-012022-03-3112224825dpl:ParticipatingInterests2021-04-012022-03-3112224825dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3112224825core:ListedExchangeTraded2021-04-012022-03-3112224825dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3112224825core:UnlistedNon-exchangeTraded2021-04-012022-03-3112224825core:NetGoodwill2023-03-3112224825core:IntangibleAssetsOtherThanGoodwill2023-03-3112224825core:LandBuildings2023-03-3112224825core:PlantMachinery2023-03-3112224825core:Vehicles2023-03-3112224825core:FurnitureFittings2023-03-3112224825core:OfficeEquipment2023-03-3112224825core:AfterOneYear2023-03-3112224825core:WithinOneYear2023-03-3112224825core:ListedExchangeTraded2023-03-3112224825core:UnlistedNon-exchangeTraded2023-03-3112224825core:ShareCapital2023-03-3112224825core:SharePremium2023-03-3112224825core:RevaluationReserve2023-03-3112224825core:OtherReservesSubtotal2023-03-3112224825core:RetainedEarningsAccumulatedLosses2023-03-3112224825core:NetGoodwill2022-03-3112224825core:IntangibleAssetsOtherThanGoodwill2022-03-3112224825core:LandBuildings2022-03-3112224825core:PlantMachinery2022-03-3112224825core:Vehicles2022-03-3112224825core:FurnitureFittings2022-03-3112224825core:OfficeEquipment2022-03-3112224825core:AfterOneYear2022-03-3112224825core:WithinOneYear2022-03-3112224825core:Liste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DISCOVERY TO LIVE LTD

Registered Number
12224825
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

DISCOVERY TO LIVE LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

G MALHOTRA

Registered Address

Suite 2055, Fleet House Springhead Enterprise Park
Springhead Road
Northfleet
DA11 8HJ

Registered Number

12224825 (England and Wales)
DISCOVERY TO LIVE LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors75,820428,579
Cash at bank and on hand8,7003,817
84,520432,396
Creditors amounts falling due within one year(112,228)(442,463)
Net current assets (liabilities)(27,708)(10,067)
Total assets less current liabilities(27,708)(10,067)
Net assets(27,708)(10,067)
Capital and reserves
Called up share capital11
Profit and loss account(27,709)(10,068)
Shareholders' funds(27,708)(10,067)
The financial statements were approved and authorised for issue by the Director on 14 March 2024, and are signed on its behalf by:
G MALHOTRA
Director
Registered Company No. 12224825
DISCOVERY TO LIVE LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20232022
Average number of employees during the year21