REGISTERED NUMBER: 05697621 (England and Wales)

Liagem Limited

Unaudited Financial Statements

for the Year Ended 31st March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Mr K J Rist

Registered office:

28 Fir Tree Close

Flitwick

Bedfordshire

MK45 1NZ

Registered number:

05697621 (England and Wales)

Fixed assets

Tangible assets

4

986

973

Current assets

Debtors

5

9,286

6,667

Cash at bank

56,694

50,018

65,980

56,685

Creditors

Amounts falling due within one year

6

8,909

9,816

Net current assets

57,071

46,869

Total assets less current liabilities

58,057

47,842

Provisions for liabilities

187

185

Net assets

57,870

47,657

Capital and reserves

Called up share capital

100

100

Retained earnings

57,770

47,557

57,870

47,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th June 2026 and were signed by:

Mr K J Rist - Director

1.	Statutory information

Liagem 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 represents the total value of fees earned during the year.

Revenue from the rendering of services is measured on a time spent basis and by reference to the stage of completion of the service transaction at the end of the reporting period.

Tangible fixed assets

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

Fixtures and fittings

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 1 (2025 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1st April 2025

3,062

Additions

257

Disposals

(141

)

At 31st March 2026

3,178

Depreciation

At 1st April 2025

2,089

Charge for year

243

Eliminated on disposal

(140

)

At 31st March 2026

2,192

Net book value

At 31st March 2026

986

At 31st March 2025

973

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

8,780

6,320

Other debtors

506

347

9,286

6,667

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Taxation and social security

8,543

9,332

Other creditors

366

484

8,909

9,816