COMPANY REGISTRATION NUMBER:
15504322
|
Livetec Enterprise Services Ltd |
|
|
Filleted Unaudited Financial Statements |
|
|
Livetec Enterprise Services Ltd |
|
Period from 19 February 2024 to 28 February 2025
|
Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
2 |
|
|
|
Livetec Enterprise Services Ltd |
|
|
Statement of Financial Position |
|
28 February 2025
Current assets
|
Debtors |
5 |
172,350 |
|
Cash at bank and in hand |
47,733 |
|
--------- |
|
220,083 |
|
|
|
|
Creditors: amounts falling due within one year |
6 |
82,495 |
|
--------- |
|
Net current assets |
137,588 |
|
--------- |
|
Total assets less current liabilities |
137,588 |
|
--------- |
|
|
|
Capital and reserves
|
Called up share capital |
100 |
|
Profit and loss account |
137,488 |
|
--------- |
|
Shareholders funds |
137,588 |
|
--------- |
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
24 September 2025
, and are signed on behalf of the board by:
Company registration number:
15504322
|
Livetec Enterprise Services Ltd |
|
|
Notes to the Financial Statements |
|
Period from 19 February 2024 to 28 February 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including tranction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
3
.
5.
Debtors
|
28 Feb 25 |
|
£ |
|
Trade debtors |
22,350 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
150,000 |
|
--------- |
|
172,350 |
|
--------- |
|
|
6.
Creditors:
amounts falling due within one year
|
28 Feb 25 |
|
£ |
|
Corporation tax |
45,830 |
|
Social security and other taxes |
36,665 |
|
-------- |
|
82,495 |
|
-------- |
|
|