Innovate Live Ltd

Registered number: 11742218

	2024	2023
	£	£
Fixed assets	26,034	62,390

Current assets	46,008	43,409
Creditors: Amounts Falling Due Within One Year	(32,587 )	(86,092 )

NET CURRENT ASSETS (LIABILITIES)	13,421	(42,683 )

TOTAL ASSETS LESS CURRENT LIABILITIES	39,455	19,707

Creditors: Amounts Falling Due After More Than One Year	(52,135 )	-
Accruals and deferred income	(1,730 )	-

NET (LIABILITIES)/ASSETS	(14,410 )	19,707

CAPITAL AND RESERVES	(14,410 )	19,707

Notes

1. General Information

Innovate Live Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11742218 . The registered office is 96 First Avenue, Lancing, BN15 9QF.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 5)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Kai Brittain	12,133	11,310	312	-	23,130

The above loan is unsecured, interest is being charged at HMRC's official rate of interest.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Kai Brittain

Director

30/11/2025