Registered number
11223894
GoLive Experts Limited
Filleted Accounts
31 December 2024
GoLive Experts Limited
Company Information
Director
J L Parker
Accountants
Accountancy Admin Ltd
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2LA
Registered office
Suite 6 Northlight Pendle
Northlight Parade
Brierfield,Nelson
Lancashire
BB9 5EG
Registered number
11223894
GoLive Experts Limited
Registered number: 11223894
Director's Report
The director presents her report and accounts for the year ended 31 December 2024.
Principal activities
The company's principal activity during the year was the provision of consultancy, support services and development of Oracle NetSuite and Celigo ERP systems and associated products.
Directors
The following person served as director during the year:
J L Parker
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 28 February 2025 and signed on its behalf.
Jilly Parker
Director
GoLive Experts Limited
Accountants' Report
Accountants' report to the director of
GoLive Experts Limited
You consider that the company is exempt from an audit for the year ended 31 December 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Accountancy Admin Ltd
Accountants
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2LA
28 February 2025
GoLive Experts Limited
Registered number: 11223894
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 310,485 4,921
Current assets
Debtors 4 202,008 105,595
Cash at bank and in hand 174,821 538,975
376,829 644,570
Creditors: amounts falling due within one year 5 (240,302) (421,442)
Net current assets 136,527 223,128
Total assets less current liabilities 447,012 228,049
Creditors: amounts falling due after more than one year 6 (176,064) (12,473)
Net assets 270,948 215,576
Capital and reserves
Called up share capital 12,500 12,500
Capital Redemption Reserve 25,000 25,000
Profit and loss account 233,448 178,076
Shareholder's funds 270,948 215,576
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jilly Parker
Director
Approved by the board on 28 February 2025
GoLive Experts Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 10 9
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2024 - 13,041 13,041
Additions 307,509 159 307,668
At 31 December 2024 307,509 13,200 320,709
Depreciation
At 1 January 2024 - 8,120 8,120
Charge for the year - 2,104 2,104
At 31 December 2024 - 10,224 10,224
Net book value
At 31 December 2024 307,509 2,976 310,485
At 31 December 2023 - 4,921 4,921
Land and buildings: 2024 2023
£ £
Historical cost 307,509 -
Cumulative depreciation based on historical cost - -
307,509 -
4 Debtors 2024 2023
£ £
Trade debtors 184,995 103,958
Other debtors 17,013 1,637
202,008 105,595
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 29,347 9,287
Trade creditors 5,835 2,678
Deferred Income 125,987 214,187
Taxation and social security costs 29,569 145,725
Other creditors 49,564 49,565
240,302 421,442
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans (secured) 176,064 12,473
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 92,200 -
Secured bank loans 192,500 -
Mortgage against Freehold Land and Buildings
8 Other Information
GoLive Experts Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 6 Northlight Pendle
Northlight Parade
Brierfield,Nelson
Lancashire
BB9 5EG
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