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Company Registration No. 13061340 (England and Wales)
LiveFlow Ltd. Unaudited accounts for the year ended 31 December 2023
LiveFlow Ltd. Unaudited accounts Contents
Page
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LiveFlow Ltd. Company Information for the year ended 31 December 2023
Director
Lasse Kalkar
Company Number
13061340 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE England
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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LiveFlow Ltd. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,679 
13,787 
Current assets
Debtors
14,009 
15,616 
Cash at bank and in hand
580,180 
1,187,252 
594,189 
1,202,868 
Creditors: amounts falling due within one year
(2,147,715)
(1,912,538)
Net current liabilities
(1,553,526)
(709,670)
Total assets less current liabilities
(1,548,847)
(695,883)
Creditors: amounts falling due after more than one year
(250,000)
(250,000)
Net liabilities
(1,798,847)
(945,883)
Capital and reserves
Profit and loss account
(1,798,847)
(945,883)
Shareholders' funds
(1,798,847)
(945,883)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 7 August 2024 and were signed on its behalf by
Lasse Kalkar Director Company Registration No. 13061340
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LiveFlow Ltd. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
LiveFlow Ltd. is a private company, limited by shares, registered in England and Wales, registration number 13061340. The registered office is 86-90 Paul Street, London, EC2A 4NE, England.
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:
Fixtures & fittings
5 years
Computer equipment
3 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The company is a going concern.
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LiveFlow Ltd. Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
6,780 
13,780 
20,560 
Disposals
- 
(10,834)
(10,834)
At 31 December 2023
6,780 
2,946 
9,726 
Depreciation
At 1 January 2023
744 
6,029 
6,773 
Charge for the year
1,357 
2,946 
4,303 
On disposals
- 
(6,029)
(6,029)
At 31 December 2023
2,101 
2,946 
5,047 
Net book value
At 31 December 2023
4,679 
- 
4,679 
At 31 December 2022
6,036 
7,751 
13,787 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
424 
1,646 
Trade debtors
(385)
- 
Other debtors
13,970 
13,970 
14,009 
15,616 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
9,898 
381 
Amounts owed to group undertakings and other participating interests
2,112,170 
1,898,081 
Taxes and social security
23,978 
12,473 
Other creditors
799 
733 
Loans from directors
870 
870 
2,147,715 
1,912,538 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
250,000 
250,000 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £0.01 each
0.01 
0.01 
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LiveFlow Ltd. Notes to the Accounts for the year ended 31 December 2023
9
Transactions with related parties
The £2,112,171 is owed to LiveFlow Inc, the parent company (2022: £1,898,081).
10
Controlling party
LiveFlow Ltd is 100% owned and controlled by LiveFlow Inc,
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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