REGISTERED NUMBER: 11207307 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GO LIVE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Carpenter

M N Hill

REGISTERED OFFICE:

Unit 4.14 Paintworks

Bath Road

Bristol

BS4 3EH

REGISTERED NUMBER:

11207307 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

98,844

96,220

CURRENT ASSETS

Debtors

5

110,828

55,762

Cash at bank

368,592

385,834

479,420

441,596

CREDITORS

Amounts falling due within one year

6

153,111

126,267

NET CURRENT ASSETS

326,309

315,329

TOTAL ASSETS LESS CURRENT LIABILITIES

425,153

411,549

PROVISIONS FOR LIABILITIES

7

3,100

2,444

NET ASSETS

422,053

409,105

CAPITAL AND RESERVES

Called up share capital

8

10

2

Retained earnings

422,043

409,103

SHAREHOLDERS' FUNDS

422,053

409,105

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

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

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 7 November 2025 and were signed on its behalf by:

M N Hill - Director

1.	STATUTORY INFORMATION

Go Live Group 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.

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.

Plant and machinery

-

25% on cost

Computer equipment

-

25% on cost

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

86,445

7,665

26,286

120,396

Additions

-

1,530

5,902

7,432

Disposals

-

(1,509

)

(5,750

)

(7,259

)

At 31 March 2025

86,445

7,686

26,438

120,569

DEPRECIATION

At 1 April 2024

-

4,507

19,669

24,176

Charge for year

-

1,603

3,205

4,808

Eliminated on disposal

-

(1,509

)

(5,750

)

(7,259

)

At 31 March 2025

-

4,601

17,124

21,725

NET BOOK VALUE

At 31 March 2025

86,445

3,085

9,314

98,844

At 31 March 2024

86,445

3,158

6,617

96,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

106,640

53,109

Other debtors

4,188

2,653

110,828

55,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

81,215

74,187

Taxation and social security

68,896

49,830

Other creditors

3,000

2,250

153,111

126,267

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

3,100

2,444

Deferred

tax

£

Balance at 1 April 2024

2,444

Reversal of timing differences

Accelerated capital allowances

656

Balance at 31 March 2025

3,100

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

3

Ordinary A

£1

3

2

(31.3.24 - NIL)

3

Ordinary B

£1

3

-

(31.3.24 - NIL)

2

Ordinary C

£1

2

-

(31.3.24 - NIL)

2

Ordinary D

£1

2

-

(31.3.24 - NIL)

10

2

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.