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Company Registration No. 10785846 (England and Wales)
Live Economics Ltd Unaudited accounts for the year ended 31 May 2025
Live Economics Ltd Unaudited accounts Contents
Page
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Live Economics Ltd Company Information for the year ended 31 May 2025
Director
HOTOPP, Ulrike Elisabeth
Company Number
10785846 (England and Wales)
Registered Office
30 Longcroft Avenue Banstead SM7 3AE
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Live Economics Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,319 
13,341 
Current assets
Debtors
27,929 
21,677 
Cash at bank and in hand
28,074 
48,112 
56,003 
69,789 
Creditors: amounts falling due within one year
(47,277)
(73,208)
Net current assets/(liabilities)
8,726 
(3,419)
Net assets
21,045 
9,922 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,945 
9,822 
Shareholders' funds
21,045 
9,922 
For the year ending 31 May 2025 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 her 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 5 August 2025 and were signed on its behalf by
HOTOPP, Ulrike Elisabeth Director Company Registration No. 10785846
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Live Economics Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Live Economics Ltd is a private company, limited by shares, registered in England and Wales, registration number 10785846. The registered office is 30, Longcroft Avenue, Banstead, SM7 3AE.
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.
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At valuation 
At 1 June 2024
17,728 
Revaluations
3,024 
At 31 May 2025
20,752 
Depreciation
At 1 June 2024
4,387 
Charge for the year
4,046 
At 31 May 2025
8,433 
Net book value
At 31 May 2025
12,319 
At 31 May 2024
13,341 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,929 
4,768 
Accrued income and prepayments
- 
16,909 
27,929 
21,677 
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Live Economics Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,134 
1,273 
Taxes and social security
10,094 
5,645 
Loans from directors
31,099 
63,440 
Accruals
2,950 
2,850 
47,277 
73,208 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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