1 April 2023 false No description of principal activity Taxfiler 2024.6 09680232business:PrivateLimitedCompanyLtd2023-04-012024-03-31 096802322023-03-31 096802322023-04-012024-03-31 09680232business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 09680232business:FilletedAccounts2023-04-012024-03-31 096802322024-03-31 09680232business:Director12023-04-012024-03-31 09680232business:RegisteredOffice2023-04-012024-03-31 096802322023-03-31 09680232core:WithinOneYear2024-03-31 09680232core:WithinOneYear2023-03-31 09680232core:AfterOneYear2024-03-31 09680232core:AfterOneYear2023-03-31 09680232core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09680232core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09680232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09680232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09680232core:PreviouslyStatedAmount2024-03-31 09680232core:PreviouslyStatedAmount2023-03-31 09680232business:SmallEntities2023-04-012024-03-31 09680232countries:EnglandWales2023-04-012024-03-31 09680232core:PlantMachinery2023-04-012024-03-31 09680232core:PlantMachinery2023-03-31 09680232core:PlantMachinery2024-03-31 096802322022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09680232 (England and Wales)
LIVE CIRCLE UK SERVICES LTD Unaudited accounts for the year ended 31 March 2024
LIVE CIRCLE UK SERVICES LTD Unaudited accounts Contents
Page
- 2 -
LIVE CIRCLE UK SERVICES LTD Company Information for the year ended 31 March 2024
Director
J Loval
Company Number
09680232 (England and Wales)
Registered Office
73 DOODS ROAD REIGATE SURREY RH2 0NT ENGLAND
- 3 -
LIVE CIRCLE UK SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,011 
8,024 
Current assets
Debtors
32,815 
17,484 
Cash at bank and in hand
99 
545 
32,914 
18,029 
Creditors: amounts falling due within one year
(12,419)
(13,949)
Net current assets
20,495 
4,080 
Total assets less current liabilities
24,506 
12,104 
Creditors: amounts falling due after more than one year
(22,956)
(10,491)
Provisions for liabilities
Deferred tax
(763)
(1,525)
Net assets
787 
88 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
687 
(12)
Shareholders' funds
787 
88 
For the year ending 31 March 2024 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 3 October 2024 and were signed on its behalf by
J Loval Director Company Registration No. 09680232
- 4 -
LIVE CIRCLE UK SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LIVE CIRCLE UK SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09680232. The registered office is 73 DOODS ROAD, REIGATE, SURREY, RH2 0NT, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% on cost basis
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
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.
- 5 -
LIVE CIRCLE UK SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
16,050 
At 31 March 2024
16,050 
Depreciation
At 1 April 2023
8,026 
Charge for the year
4,013 
At 31 March 2024
12,039 
Net book value
At 31 March 2024
4,011 
At 31 March 2023
8,024 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
24,893 
- 
Other debtors
7,922 
17,484 
32,815 
17,484 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,591 
9,056 
Obligations under finance leases and hire purchase contracts
1,828 
1,828 
Taxes and social security
- 
2,065 
Accruals
1,000 
1,000 
12,419 
13,949 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,002 
- 
Obligations under finance leases and hire purchase contracts
10,187 
10,491 
Taxes and social security
1,767 
- 
22,956 
10,491 
8
Transactions with related parties
Mr J Loval is the director of the company and owns 100% of the issued share capital. At the balance sheet date, Mr J Loval owed the company £24,893 (2023 - £8,889) this was repaid shortly after the year end.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -