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Company Registration No. 08713060 (England and Wales)
Live A Little (UK) Ltd Unaudited accounts for the year ended 31 October 2024
Live A Little (UK) Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,783 
67,295 
Current assets
Cash at bank and in hand
77,495 
55,661 
Creditors: amounts falling due within one year
(73,611)
(27,224)
Net current assets
3,884 
28,437 
Total assets less current liabilities
53,667 
95,732 
Creditors: amounts falling due after more than one year
(32,547)
(38,571)
Provisions for liabilities
Deferred tax
(9,459)
(12,786)
Net assets
11,661 
44,375 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
11,560 
44,274 
Shareholders' funds
11,661 
44,375 
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 July 2025 and were signed on its behalf by
Ray Tomkins Director Company Registration No. 08713060
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Live A Little (UK) Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Live A Little (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08713060. The registered office is Sopers House, Sopers Road, Cuffley, EN6 4RY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Live A Little (UK) Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
100,906 
12,494 
113,400 
Additions
- 
962 
962 
At 31 October 2024
100,906 
13,456 
114,362 
Depreciation
At 1 November 2023
39,892 
6,213 
46,105 
Charge for the year
15,254 
3,220 
18,474 
At 31 October 2024
55,146 
9,433 
64,579 
Net book value
At 31 October 2024
45,760 
4,023 
49,783 
At 31 October 2023
61,014 
6,281 
67,295 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,109 
1,787 
VAT
9,834 
7,343 
Obligations under finance leases and hire purchase contracts
6,024 
6,024 
Taxes and social security
11,112 
6,403 
Other creditors
41,985 
1,947 
Loans from directors
247 
420 
Accruals
3,300 
3,300 
73,611 
27,224 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
32,547 
38,571 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 A Ordinary shares of £1 each
1 
1 
101 
101 
8
Average number of employees
During the year the average number of employees was 7 (2023: 6).
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