REGISTERED NUMBER: 05747173 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Origin Live Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTORS:

M W G Baker

L A G Baker

D J Baker

REGISTERED OFFICE:

Unit 5

362b Spring Road

Southampton

Hampshire

SO19 2PB

REGISTERED NUMBER:

05747173 (England and Wales)

ACCOUNTANTS:

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

301,461

321,890

301,462

321,891

CURRENT ASSETS

Stocks

29,360

31,180

Debtors

6

70,212

28,736

Cash at bank and in hand

120,945

81,783

220,517

141,699

CREDITORS

Amounts falling due within one year

7

158,420

146,600

NET CURRENT ASSETS/(LIABILITIES)

62,097

(4,901

)

TOTAL ASSETS LESS CURRENT LIABILITIES

363,559

316,990

CREDITORS

Amounts falling due after more than one year

8

-

8,664

NET ASSETS

363,559

308,326

CAPITAL AND RESERVES

Called up share capital

9

102

102

Retained earnings

10

363,457

308,224

SHAREHOLDERS' FUNDS

363,559

308,326

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 29 December 2025 and were signed on its behalf by:

M W G Baker - Director

1.	STATUTORY INFORMATION

Origin Live 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 13 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

34,000

AMORTISATION

At 1 April 2024

and 31 March 2025

33,999

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

197,911

367,360

45,390

Additions

-

3,122

2,338

At 31 March 2025

197,911

370,482

47,728

DEPRECIATION

At 1 April 2024

-

262,257

33,296

Charge for year

-

21,645

2,887

At 31 March 2025

-

283,902

36,183

NET BOOK VALUE

At 31 March 2025

197,911

86,580

11,545

At 31 March 2024

197,911

105,103

12,094

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

1,852

48,207

660,720

Additions

-

-

5,460

At 31 March 2025

1,852

48,207

666,180

DEPRECIATION

At 1 April 2024

1,344

41,933

338,830

Charge for year

102

1,255

25,889

At 31 March 2025

1,446

43,188

364,719

NET BOOK VALUE

At 31 March 2025

406

5,019

301,461

At 31 March 2024

508

6,274

321,890

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

55,212

12,731

Other debtors

15,000

16,005

70,212

28,736

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

75,639

93,703

Trade creditors

32,073

10,992

Taxation and social security

30,605

34,327

Other creditors

20,103

7,578

158,420

146,600

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

8,664

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary B Non Voting

£1

1

1

1

Ordinary C Non Voting

£1

1

1

102

102

10.

RESERVES

Retained

earnings

£

At 1 April 2024

308,224

Profit for the year

83,233

Dividends

(28,000

)

At 31 March 2025

363,457

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M W G Baker

Balance outstanding at start of year

-

7,452

Amounts repaid

-

(7,452

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M W G Baker.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

29 December 2025