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REGISTERED NUMBER: 08536032 (England and Wales)















Financial Statements for the Year Ended 31 May 2025

for

Livemi Limited

Livemi Limited (Registered number: 08536032)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Livemi Limited

Company Information
for the Year Ended 31 May 2025







DIRECTOR: Mr J P Halliburton



REGISTERED OFFICE: 87 Meddins Lane
Kinver
Stourbridge
West Midlands
DY7 6DD



REGISTERED NUMBER: 08536032 (England and Wales)



BANKERS: Barclays PLC
81 High Street
Stourbridge
DY8 1EB

Livemi Limited (Registered number: 08536032)

Abridged Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,574 25,362

CURRENT ASSETS
Debtors 21,498 10,468
Cash at bank 62,278 64,177
83,776 74,645
CREDITORS
Amounts falling due within one year 41,602 32,203
NET CURRENT ASSETS 42,174 42,442
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,748

67,804

CREDITORS
Amounts falling due after more than one
year

(19,025

)

(23,903

)

PROVISIONS FOR LIABILITIES (4,893 ) (6,340 )
NET ASSETS 37,830 37,561

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 37,829 37,560
SHAREHOLDERS' FUNDS 37,830 37,561

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Livemi Limited (Registered number: 08536032)

Abridged Balance Sheet - continued
31 May 2025


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 19 August 2025 and were signed by:





Mr J P Halliburton - Director


Livemi Limited (Registered number: 08536032)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Livemi 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.

2. ACCOUNTING POLICIES

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

The financial statements have been prepared on the going concern basis and are presented in £ sterling which is the functional currency of the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Office equipment and fixtures - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Livemi Limited (Registered number: 08536032)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2024
and 31 May 2025 47,812
DEPRECIATION
At 1 June 2024 22,450
Charge for year 5,788
At 31 May 2025 28,238
NET BOOK VALUE
At 31 May 2025 19,574
At 31 May 2024 25,362

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 June 2024
and 31 May 2025 33,697
DEPRECIATION
At 1 June 2024 14,742
Charge for year 4,739
At 31 May 2025 19,481
NET BOOK VALUE
At 31 May 2025 14,216
At 31 May 2024 18,955

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.25 31.5.24
value: £    £   
1 Ordinary £1 1 1