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REGISTERED NUMBER: 11383319 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Adept Live Limited

Adept Live Limited (Registered number: 11383319)






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




Page

Balance Sheet 1


Adept Live Limited (Registered number: 11383319)

Balance Sheet
31 May 2024

31.5.24 31.5.23
£ £ £ £
FIXED ASSETS 6,027 3,256

CURRENT ASSETS 128,056 42,765

CREDITORS
Amounts falling due within one year (338,579 ) (120,412 )
NET CURRENT LIABILITIES (210,523 ) (77,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(204,496

)

(74,391

)

CREDITORS
Amounts falling due after more than one
year

5,907

9,970
NET LIABILITIES (210,403 ) (84,361 )

CAPITAL AND RESERVES (210,403 ) (84,361 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Adept Live Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11383319

Registered office: Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2023 - 2 ) .

Adept Live Limited (Registered number: 11383319)

Balance Sheet - continued
31 May 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors, due within one year, is a loan from a director of £5,355 (2023 - £2,350). The loan is interest free and is payable on demand.

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.2431.5.23
££

Director 2
Balance outstanding at start of year20,83129,803
Amounts advanced1,53111,200
Amounts repaid(3,462)(20,172)
Amounts written off--
Amounts waived--
Balance outstanding at end of year18,90020,831


4. OTHER FINANCIAL COMMITMENTS

At the balance sheet date there was loan outstanding of £9,886 (2023: £13,949).



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

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

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by:



Mr M D Attwater - Director



Mr A Walker - Director