Company registration number 09642391 (England and Wales)
IM LIVE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
IM LIVE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
IM LIVE LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
86,967
94,847
Cash at bank and in hand
259
5
87,226
94,852
Creditors: amounts falling due within one year
4
(80,030)
(80,660)
Net current assets
7,196
14,192
Creditors: amounts falling due after more than one year
5
(25,218)
(30,000)
Net liabilities
(18,022)
(15,808)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(18,023)
(15,809)
Total equity
(18,022)
(15,808)

For the financial year ended 30 June 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 20 March 2025
Ms I H Higham
Director
Company registration number 09642391 (England and Wales)
IM LIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information

IM LIVE LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is 180 Great Portland Street, London, W1W 5QZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.3
Financial instruments

The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
IM LIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Corporation tax recoverable
21,945
23,773
Other debtors
65,022
71,074
86,967
94,847
4
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,001
10,000
Trade creditors
1,795
598
Corporation tax
68,234
70,062
80,030
80,660
5
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
25,218
30,000
2024-06-302023-07-01false20 March 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMs I Highamfalsefalse096423912023-07-012024-06-30096423912024-06-30096423912023-06-3009642391core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-3009642391core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3009642391core:Non-currentFinancialInstrumentscore:AfterOneYear2024-06-3009642391core:Non-currentFinancialInstrumentscore:AfterOneYear2023-06-3009642391core:CurrentFinancialInstruments2024-06-3009642391core:CurrentFinancialInstruments2023-06-3009642391core:ShareCapital2024-06-3009642391core:ShareCapital2023-06-3009642391core:RetainedEarningsAccumulatedLosses2024-06-3009642391core:RetainedEarningsAccumulatedLosses2023-06-3009642391bus:Director12023-07-012024-06-30096423912022-07-012023-06-3009642391core:WithinOneYear2024-06-3009642391core:WithinOneYear2023-06-3009642391core:Non-currentFinancialInstruments2024-06-3009642391core:Non-currentFinancialInstruments2023-06-3009642391bus:PrivateLimitedCompanyLtd2023-07-012024-06-3009642391bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009642391bus:FRS1022023-07-012024-06-3009642391bus:AuditExemptWithAccountantsReport2023-07-012024-06-3009642391bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP