Company Registration No. 12775065 (England and Wales)
FX LIVE LIMITED
Unaudited accounts
for the year ended 31 March 2024
FX LIVE LIMITED
Unaudited accounts
Contents
FX LIVE LIMITED
Company Information
for the year ended 31 March 2024
Directors
ANDREW CARRUTHERS
JOE WILLIAMS
JAMES PARTRIDGE
Company Number
12775065 (England and Wales)
Registered Office
The Office, Cocknells Farm
Standish Lane
Moreton Valence
Gloucestershire
GL2 7LZ
United Kingdom
Accountants
Emchajo Limited
10 Bownham Mead
Rodborough Common
Stroud
GLOUCESTERSHIRE
GL5 5DZ
FX LIVE LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
92,795
143,529
Cash at bank and in hand
131,800
40,808
Creditors: amounts falling due within one year
(186,289)
(67,150)
Net current assets
8,294
24,841
Net assets
101,089
168,370
Called up share capital
100
100
Profit and loss account
100,989
168,270
Shareholders' funds
101,089
168,370
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 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 14 October 2024 and were signed on its behalf by
JOE WILLIAMS
Director
Company Registration No. 12775065
FX LIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
FX LIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12775065. The registered office is The Office, Cocknells Farm, Standish Lane, Moreton Valence, Gloucestershire, GL2 7LZ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% STRAIGHT LINE (10% STRAIGHT LINE FOR SNOW EQUIPMENT)
Fixtures & fittings
20% STRAIGHT LINE
Computer equipment
33% STRAIGHT LINE
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
195,705
1,650
9,898
207,253
Disposals
(44,343)
(330)
-
(44,673)
At 31 March 2024
151,362
1,320
12,370
165,052
At 1 April 2023
57,530
396
5,798
63,724
Charge for the year
20,573
330
3,401
24,304
On disposals
(15,573)
(198)
-
(15,771)
At 31 March 2024
62,530
528
9,199
72,257
At 31 March 2024
88,832
792
3,171
92,795
At 31 March 2023
138,175
1,254
4,100
143,529
FX LIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
31,051
27,120
Accrued income and prepayments
3,990
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,192
15,849
Taxes and social security
28,135
26,890
Other creditors
68,032
373
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).