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REGISTERED NUMBER: 08990215 (England and Wales)















Unaudited Financial Statements for the Year Ended 9 February 2024

for

Livero Group Ltd

Livero Group Ltd (Registered number: 08990215)






Contents of the Financial Statements
for the Year Ended 9 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Livero Group Ltd

Company Information
for the Year Ended 9 February 2024







DIRECTORS: N Raithatha
T Wilhelm





REGISTERED OFFICE: Blackwell House
Guildhall Yard
London
EC2V 5AE





REGISTERED NUMBER: 08990215 (England and Wales)





ACCOUNTANTS: Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR

Livero Group Ltd (Registered number: 08990215)

Balance Sheet
9 February 2024

9/2/24 9/2/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 92,436 121,782

CURRENT ASSETS
Debtors 5 3,956 106,725
Cash at bank 72,465 232,596
76,421 339,321
CREDITORS
Amounts falling due within one year 6 (66,643 ) (161,237 )
NET CURRENT ASSETS 9,778 178,084
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,214

299,866

CREDITORS
Amounts falling due after more than one year 7 (89,932 ) (119,302 )
NET ASSETS 12,282 180,564

CAPITAL AND RESERVES
Called up share capital 11 10
Retained earnings 12,271 180,554
12,282 180,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 9 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 9 February 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by:





N Raithatha - Director


Livero Group Ltd (Registered number: 08990215)

Notes to the Financial Statements
for the Year Ended 9 February 2024

1. STATUTORY INFORMATION

Livero Group Ltd is a private company, limited by shares , registered in England and Wales. 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

Livero Group Ltd (Registered number: 08990215)

Notes to the Financial Statements - continued
for the Year Ended 9 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 10 February 2023 154,615
Additions 1,269
At 9 February 2024 155,884
DEPRECIATION
At 10 February 2023 32,833
Charge for year 30,615
At 9 February 2024 63,448
NET BOOK VALUE
At 9 February 2024 92,436
At 9 February 2023 121,782

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
9/2/24 9/2/23
£    £   
Trade debtors 376 106,000
Other debtors 3,580 725
3,956 106,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
9/2/24 9/2/23
£    £   
Bank loans and overdrafts 10,782 10,782
Hire purchase contracts 24,451 24,451
Trade creditors 31,585 65,541
Taxation and social security (175 ) 53,411
Other creditors - 7,052
66,643 161,237

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
9/2/24 9/2/23
£    £   
Bank loans 23,571 28,490
Hire purchase contracts 66,361 90,812
89,932 119,302

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 23,571 28,490

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Livero Group Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Livero Group Ltd for the year ended 9 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Livero Group Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Livero Group Ltd and state those matters that we have agreed to state to the Board of Directors of Livero Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Livero Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Livero Group Ltd. You consider that Livero Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Livero Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR


7 November 2024