IRIS Accounts Production v25.2.0.378 04145064 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041450642024-01-31041450642025-01-31041450642024-02-012025-01-31041450642023-01-31041450642023-02-012024-01-31041450642024-01-3104145064ns15:EnglandWales2024-02-012025-01-3104145064ns14:PoundSterling2024-02-012025-01-3104145064ns10:Director12024-02-012025-01-3104145064ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104145064ns10:SmallEntities2024-02-012025-01-3104145064ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3104145064ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104145064ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104145064ns10:FullAccounts2024-02-012025-01-3104145064ns10:Director22024-02-012025-01-3104145064ns10:Director32024-02-012025-01-3104145064ns10:CompanySecretary12024-02-012025-01-3104145064ns10:RegisteredOffice2024-02-012025-01-3104145064ns5:CurrentFinancialInstruments2025-01-3104145064ns5:CurrentFinancialInstruments2024-01-3104145064ns5:ShareCapital2025-01-3104145064ns5:ShareCapital2024-01-3104145064ns5:RetainedEarningsAccumulatedLosses2025-01-3104145064ns5:RetainedEarningsAccumulatedLosses2024-01-3104145064ns5:LeaseholdImprovements2024-02-012025-01-3104145064ns5:PlantMachinery2024-02-012025-01-3104145064ns5:FurnitureFittings2024-02-012025-01-3104145064ns5:MotorVehicles2024-02-012025-01-3104145064ns5:LeaseholdImprovements2024-01-3104145064ns5:PlantMachinery2024-01-3104145064ns5:FurnitureFittings2024-01-3104145064ns5:MotorVehicles2024-01-3104145064ns5:LeaseholdImprovements2025-01-3104145064ns5:PlantMachinery2025-01-3104145064ns5:FurnitureFittings2025-01-3104145064ns5:MotorVehicles2025-01-3104145064ns5:LeaseholdImprovements2024-01-3104145064ns5:PlantMachinery2024-01-3104145064ns5:FurnitureFittings2024-01-3104145064ns5:MotorVehicles2024-01-3104145064ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104145064ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104145064ns5:DeferredTaxation2024-01-3104145064ns5:DeferredTaxation2024-02-012025-01-3104145064ns5:DeferredTaxation2025-01-31
REGISTERED NUMBER: 04145064 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

LIVELINES UK LIMITED

LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIVELINES UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mrs JM Jones
Miss L Jones
Miss L S H Jones





SECRETARY: Miss L Jones





REGISTERED OFFICE: Victory House
400 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7PA





REGISTERED NUMBER: 04145064 (England and Wales)





ACCOUNTANTS: Elliott, Mortlock, Busby & Co Limited
12 High Street
Stanford le Hope
Essex
SS17 0EY

LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 194,969 229,125

CURRENT ASSETS
Debtors 6 264,208 337,884
Cash at bank 675,381 612,129
939,589 950,013
CREDITORS
Amounts falling due within one year 7 636,257 822,625
NET CURRENT ASSETS 303,332 127,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

498,301

356,513

PROVISIONS FOR LIABILITIES 8 22,687 25,028
NET ASSETS 475,614 331,485

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 475,514 331,385
SHAREHOLDERS' FUNDS 475,614 331,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)

BALANCE SHEET - continued
31 JANUARY 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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





Mrs JM Jones - Director


LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Livelines UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured,
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 20% straight line basis
Equipment, fixtures and fittings - 20% straight line basis
Motor vehicles - 25% on reducing balance

During the year the directors elected to change the depreciation method for Equipment, Fixtures and Fittings in order to fairly represent the company's consumption of the economic benefits from these assets.

Taxation
Taxation represents the sum of tax currently payable and deferred tax.

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

3. ACCOUNTING POLICIES - continued

Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

5. TANGIBLE FIXED ASSETS
Equipment,
Improvements fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 February 2024 129,015 75,457 64,943 32,818 302,233
Additions - - 452 - 452
Disposals - - (56,209 ) - (56,209 )
At 31 January 2025 129,015 75,457 9,186 32,818 246,476
DEPRECIATION
At 1 February 2024 - - 58,016 15,092 73,108
Charge for year 12,902 15,092 1,740 4,432 34,166
Eliminated on disposal - - (55,767 ) - (55,767 )
At 31 January 2025 12,902 15,092 3,989 19,524 51,507
NET BOOK VALUE
At 31 January 2025 116,113 60,365 5,197 13,294 194,969
At 31 January 2024 129,015 75,457 6,927 17,726 229,125

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 256,592 329,031
Other debtors 7,616 8,853
264,208 337,884

LIVELINES UK LIMITED (REGISTERED NUMBER: 04145064)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 109,763 107,797
Corporation tax 139,150 109,115
Social security and other taxes 251,949 185,502
Other creditors 54,916 155,223
Loan from holding company 80,479 264,988
636,257 822,625

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 22,687 25,028

Deferred
tax
£   
Balance at 1 February 2024 25,028
Credit to Income Statement during year (2,341 )
Balance at 31 January 2025 22,687

The provision for deferred taxation is made up of accelerated capital allowances.

9. PENSION COMMITMENTS

The company operates one defined contribution pension scheme. The assets of the scheme are held separately from those of the company in independently administered funds. At the balance sheet date there were £565 unpaid contributions (2024: £345).