Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04193272 Mr Ivan Yordanov Mrs Albena Yordanova Mrs Albena Yordanova false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04193272 2024-03-31 04193272 2025-03-31 04193272 2024-04-01 2025-03-31 04193272 frs-core:CurrentFinancialInstruments 2025-03-31 04193272 frs-core:Non-currentFinancialInstruments 2025-03-31 04193272 frs-core:ComputerEquipment 2025-03-31 04193272 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04193272 frs-core:ComputerEquipment 2024-03-31 04193272 frs-core:FurnitureFittings 2025-03-31 04193272 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04193272 frs-core:FurnitureFittings 2024-03-31 04193272 frs-core:ShareCapital 2025-03-31 04193272 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 04193272 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04193272 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04193272 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04193272 frs-bus:SmallEntities 2024-04-01 2025-03-31 04193272 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04193272 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04193272 1 2024-04-01 2025-03-31 04193272 frs-bus:Director1 2024-04-01 2025-03-31 04193272 frs-bus:Director2 2024-04-01 2025-03-31 04193272 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04193272 frs-countries:EnglandWales 2024-04-01 2025-03-31 04193272 2023-03-31 04193272 2024-03-31 04193272 2023-04-01 2024-03-31 04193272 frs-core:CurrentFinancialInstruments 2024-03-31 04193272 frs-core:Non-currentFinancialInstruments 2024-03-31 04193272 frs-core:ShareCapital 2023-03-31 04193272 frs-core:ShareCapital 2024-03-31 04193272 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 04193272 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 04193272 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04193272
Go Live UK Limited
Financial Statements
For The Year Ended 31 March 2025
Ingenious Accountants Ltd
Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 04193272
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 2,894 1,285
2,894 1,285
CURRENT ASSETS
Stocks 4 8,360 7,090
Debtors 5 94,163 70,432
Cash at bank and in hand 41,989 46,368
144,512 123,890
Creditors: Amounts Falling Due Within One Year 6 (123,000 ) (46,886 )
NET CURRENT ASSETS (LIABILITIES) 21,512 77,004
TOTAL ASSETS LESS CURRENT LIABILITIES 24,406 78,289
Creditors: Amounts Falling Due After More Than One Year 7 (2,500 ) (12,500 )
NET ASSETS 21,906 65,789
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 21,904 65,787
SHAREHOLDERS' FUNDS 21,906 65,789
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ivan Yordanov
Director
30th December 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 2 70,493 70,495
Profit for the year and total comprehensive income - 50,634 50,634
Dividends paid - (55,340) (55,340)
As at 31 March 2024 and 1 April 2024 2 65,787 65,789
Profit for the year and total comprehensive income - 31,317 31,317
Dividends paid - (75,200) (75,200)
As at 31 March 2025 2 21,904 21,906
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Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
1.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
1.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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3. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,224 6,503 7,727
Additions 3,300 - 3,300
Disposals (557 ) (6,503 ) (7,060 )
As at 31 March 2025 3,967 - 3,967
Depreciation
As at 1 April 2024 759 5,683 6,442
Provided during the period 871 820 1,691
Disposals (557 ) (6,503 ) (7,060 )
As at 31 March 2025 1,073 - 1,073
Net Book Value
As at 31 March 2025 2,894 - 2,894
As at 1 April 2024 465 820 1,285
4. Stocks
2025 2024
£ £
Work in progress 8,360 7,090
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 93,197 70,432
Other taxes and social security 966 -
94,163 70,432
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 746 2,576
Bank loans and overdrafts 10,000 10,000
Corporation tax 5,494 (22,610 )
VAT 31,387 24,703
Accruals and deferred income 2,920 2,850
Directors' loan accounts 72,453 29,367
123,000 46,886
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,500 12,500
2,500 12,500
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 75,200 55,340
75,200 55,340
10. Controlling Party
There is no controlling party.
11. General Information
Go Live UK Limited Registered number 04193272 is a limited by shares company incorporated in England & Wales. The Registered Office is Ingenious Accountants, 74 Corbett Road, London, E17 3JZ.
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