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REGISTERED NUMBER: 04643336 (England and Wales)











Financial Statements

for the Year Ended 31 March 2024

for

LIVE WORK SPACE LIMITED

LIVE WORK SPACE LIMITED (REGISTERED NUMBER: 04643336)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIVE WORK SPACE LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs M K Ambalo





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 04643336 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

LIVE WORK SPACE LIMITED (REGISTERED NUMBER: 04643336)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 662,356 608,626

CREDITORS
Amounts falling due within one year 5 51,801 37,224
NET CURRENT ASSETS 610,555 571,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

610,555

571,402

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 610,553 571,400
SHAREHOLDERS' FUNDS 610,555 571,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 27 December 2024 and were signed by:





Mrs M K Ambalo - Director


LIVE WORK SPACE LIMITED (REGISTERED NUMBER: 04643336)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Live Work Space Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 662,356 608,626

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 9,165 18,560
Other creditors - 1,680
Directors' current accounts 37,225 16,144
Accruals and deferred income 5,411 840
51,801 37,224

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £37,225 (2023: £16,144), due and payable to the director. The amount is interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY



The ultimate controlling party is Mrs M K Ambalo by virtue of the fact she own 100% of the issued share capital of the company.