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REGISTERED NUMBER: 11288663 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

LIVE SAFETY LIMITED

LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIVE SAFETY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: M Williams





REGISTERED OFFICE: 15 Whitethorn Way
Hull
East Yorkshire
HU8 0JF





REGISTERED NUMBER: 11288663 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,601 44,890

CURRENT ASSETS
Debtors 5 38,305 45,954
Investments 6 19,546 -
Cash at bank 13,204 39,129
71,055 85,083
CREDITORS
Amounts falling due within one year 7 26,123 50,779
NET CURRENT ASSETS 44,932 34,304
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,533

79,194

CREDITORS
Amounts falling due after more than one
year

8

-

(19,339

)

PROVISIONS FOR LIABILITIES (4,399 ) (11,896 )
NET ASSETS 57,134 47,959

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 (220 ) -
Retained earnings 57,254 47,859
SHAREHOLDERS' FUNDS 57,134 47,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)

BALANCE SHEET - continued
30 APRIL 2024


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 15 January 2025 and were signed by:





M Williams - Director


LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Live Safety 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.

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 relates to safety consultancy work excluding discounts, rebates, value added tax and other taxes recognised upon fulfilment of rights and obligations.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future payments is treated as a liability.

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 the income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 63,537
Additions 1,039
Disposals (27,790 )
At 30 April 2024 36,786
DEPRECIATION
At 1 May 2023 18,647
Charge for year 7,907
Eliminated on disposal (6,369 )
At 30 April 2024 20,185
NET BOOK VALUE
At 30 April 2024 16,601
At 30 April 2023 44,890

The net book value of tangible fixed assets includes £NIL (2023 - £ 21,421 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 36,871 45,456
Other debtors 1,434 498
38,305 45,954

6. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Listed investments 19,546 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 4,930
Trade creditors 1,080 -
Taxation and social security 23,136 17,303
Other creditors 1,907 28,546
26,123 50,779

LIVE SAFETY LIMITED (REGISTERED NUMBER: 11288663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 19,339

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts - 24,269

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

11. RESERVES
Fair
value
reserve
£   
Unrealised gain/(loss) (220 )

At 30 April 2024 (220 )