Registered number
09345044
Livermorium Limited
Filleted Accounts
31 December 2024

Livermorium Limited
Registered number: | 09345044
Balance Sheet
as at 31 December 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Fixed assets
Intangible assets | 3 |  |  | 1,345,380 |  |  | 1,345,380
Tangible assets | 4 |  |  | 98 |  |  | 123
Investments | 5 |  |  | 300 |  |  | 300
|  |  |  | 1,345,778 |  |  | 1,345,803
Current assets
Debtors | 6 |  | 1,494 |  |  | 30,875
Cash at bank and in hand |  |  | 17,063 |  |  | 1,803
|  |  | 18,557 |  |  | 32,678
Creditors: amounts falling due within one year | 7 |  | (1,347,663) |  |  | (1,177,574)
Net current liabilities |  |  |  | (1,329,106) |  |  | (1,144,896)
Total assets less current liabilities |  |  |  | 16,672 |  |  | 200,907
Creditors: amounts falling due after more than one year | 8 |  |  | (7,580) |  |  | (218,510)
Net assets/(liabilities) |  |  |  | 9,092 |  |  | (17,603)
Capital and reserves
Called up share capital |  |  |  | 228 |  |  | 228
Share premium |  |  |  | 889,896 |  |  | 889,896
Profit and loss account |  |  |  | (881,032) |  |  | (907,727)
Shareholders' funds |  |  |  | 9,092 |  |  | (17,603)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Liangchen Chen | Mr Adrian C K Li Mow Ching
Director | Director
Approved by the board on 13 October 2025

Livermorium Limited
Notes to the Accounts
for the year ended 31 December 2024
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Consolidation
| The company is a parent company subject to the small company regimes. The company and its subsidiary company comprise a small group. The company is therefore not required to and has not chosen to prepare group accounts.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Intangible fixed assets
| Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Fixtures, fittings, tools and equipment | over 5 years
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | 0 |  | 3
3 | Intangible fixed assets | £
| Research and developments, and trademarks:
| Cost
| At 1 January 2024 | 1,345,380
| At 31 December 2024 | 1,345,380
| Amortisation
| At 31 December 2024 | -
| Net book value
| At 31 December 2024 | 1,345,380
| At 31 December 2023 | 1,345,380
| Intangible assets comprise of research and development and trademark costs which are not currently being amortised.
4 | Tangible fixed assets
|  |  |  |  |  |  |  | Fixtures, fittings, tools and equipment
£
| Cost
| At 1 January 2024 | 755
| At 31 December 2024 | 755
| Depreciation
| At 1 January 2024 | 632
| Charge for the year | 25
| At 31 December 2024 | 657
| Net book value
| At 31 December 2024 | 98
| At 31 December 2023 | 123
5 | Investments
Investments in
subsidiary
undertakings
£
| Cost
| At 1 January 2024 | 300
| At 31 December 2024 | 300
6 | Debtors | 2024 |  | 2023
£ | £
| Other debtors | 1,494 |  | 30,875
7 | Creditors: amounts falling due within one year | 2024 |  | 2023
£ | £
| Bank loans and overdrafts | 10,648 |  | 10,648
| Trade creditors | 397 |  | 841
| Amounts owed to group undertakings and undertakings in which the company has a participating interest and under common control |  | 1,164,290 |  | 920,660
| Taxation and social security costs | - |  | 18,068
| Other creditors | 172,328 |  | 227,357
|  |  |  |  |  | 1,347,663 |  | 1,177,574
8 | Creditors: amounts falling due after one year | 2024 |  | 2023
£ | £
| Bank loans | 7,580 |  | 18,510
| Director's loan - unsecured and subordinated | - |  | 200,000
|  |  |  |  |  | 7,580 |  | 218,510
9 | Related party transactions
| FX Technology Limited (100% owned subsidiary by Livermorium Limited)
|  |  |  | 2024 |  | 2023
£ | £
10 | Value of licence fee charged to FX Technology Limited | 36,620 |  | 12,435
| Balance owing (by)/to FX Technology Limited at the year end | 1,164,290 |  | 920,660
11 | Other information
| Livermorium Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 86 - 90 Paul Street
| London
| EC2A 4NE

Livermorium Limited 09345044 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2025 Mr Liangchen Chen No description of principal activity 09345044 2023-01-01 2023-12-31 09345044 core:WithinOneYear 2023-12-31 09345044 core:AfterOneYear 2023-12-31 09345044 core:ShareCapital 2023-12-31 09345044 core:SharePremium 2023-12-31 09345044 core:RetainedEarningsAccumulatedLosses 2023-12-31 09345044 2024-01-01 2024-12-31 09345044 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09345044 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09345044 bus:Director40 2024-01-01 2024-12-31 09345044 1 2024-01-01 2024-12-31 09345044 2 2024-01-01 2024-12-31 09345044 core:PlantMachinery 2024-01-01 2024-12-31 09345044 countries:England 2024-01-01 2024-12-31 09345044 bus:FRS102 2024-01-01 2024-12-31 09345044 bus:FilletedAccounts 2024-01-01 2024-12-31 09345044 2024-12-31 09345044 core:WithinOneYear 2024-12-31 09345044 core:AfterOneYear 2024-12-31 09345044 core:ShareCapital 2024-12-31 09345044 core:SharePremium 2024-12-31 09345044 core:RetainedEarningsAccumulatedLosses 2024-12-31 09345044 core:Goodwill 2024-12-31 09345044 core:PlantMachinery 2024-12-31 09345044 2023-12-31 09345044 core:Goodwill 2023-12-31 09345044 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure