REGISTERED NUMBER: OC394948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

LIVE PARTNERS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

L Ede

K Stevens

REGISTERED OFFICE:

1st Floor Prospect House

Rouen Road

Norwich

Norfolk

NR1 1RE

REGISTERED NUMBER:

OC394948 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

CURRENT ASSETS

Debtors

4

646,964

646,964

CREDITORS

Amounts falling due within one year

5

(237,665

)

(237,665

)

NET CURRENT ASSETS

409,299

409,299

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

409,299

409,299

LOANS AND OTHER DEBTS DUE TO MEMBERS

170,000

170,000

MEMBERS' OTHER INTERESTS

Other reserves

239,299

239,299

409,299

409,299

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

170,000

170,000

Members' other interests

239,299

239,299

Amounts due from members

4

(270,675

)

(270,675

)

138,624

138,624

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 May 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 November 2025 and were signed by:

L Ede - Designated member

1.	STATUTORY INFORMATION

Live Partners LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

380,358

380,358

Amounts falling due after more than one year:

Other debtors

266,606

266,606

Aggregate amounts

646,964

646,964

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

237,665

237,665