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Company Registration No. 07458876 (England and Wales)
Livewire Recruitment Limited Unaudited accounts for the year ended 30 September 2024
Livewire Recruitment Limited Unaudited accounts Contents
Page
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Livewire Recruitment Limited Company Information for the year ended 30 September 2024
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
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Livewire Recruitment Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,903 
5,016 
Current assets
Debtors
277,067 
243,667 
Cash at bank and in hand
10,068 
- 
287,135 
243,667 
Creditors: amounts falling due within one year
(262,563)
(206,555)
Net current assets
24,572 
37,112 
Total assets less current liabilities
26,475 
42,128 
Creditors: amounts falling due after more than one year
(29,580)
(34,164)
Provisions for liabilities
Deferred tax
- 
(1,254)
Net (liabilities)/assets
(3,105)
6,710 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(4,105)
5,710 
Shareholders' funds
(3,105)
6,710 
For the year ending 30 September 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 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 19 November 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 2024
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 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
18,153 
2,104 
20,257 
Additions
2 
- 
2 
At 30 September 2024
18,155 
2,104 
20,259 
Depreciation
At 1 October 2023
13,649 
1,592 
15,241 
Charge for the year
2,710 
405 
3,115 
At 30 September 2024
16,359 
1,997 
18,356 
Net book value
At 30 September 2024
1,796 
107 
1,903 
At 30 September 2023
4,504 
512 
5,016 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
81,444 
12,524 
Other debtors
195,623 
231,143 
277,067 
243,667 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,706 
13,279 
VAT
115,592 
94,055 
Trade creditors
- 
987 
Taxes and social security
132,265 
98,234 
262,563 
206,555 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,580 
34,164 
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 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loan to Director
115,519 
115,317 
130,644 
100,192 
Loan to Director
115,518 
107,500 
128,691 
94,327 
231,037 
222,817 
259,335 
194,519 
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 (2023: 2).
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