BrightAccountsProduction v1.0.0 v1.0.0 2024-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The company operates two principal activities:
1. Technology platform services involving the integration of data and functionality from existing general purpose applications and SaaS products to deliver personalised information through a secure web browser interface.
2. Financial services comprising debt fundraising activities and the provision of loans to companies within the immersive technology ecosystem, particularly those engaged in digital immersive art, animation, and immersive technology development. 24 June 2026 1 1 08492698 2025-09-30 08492698 2024-09-30 08492698 2023-09-30 08492698 2024-10-01 2025-09-30 08492698 2023-10-01 2024-09-30 08492698 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 08492698 uk-curr:PoundSterling 2024-10-01 2025-09-30 08492698 uk-bus:AbridgedAccounts 2024-10-01 2025-09-30 08492698 uk-core:ShareCapital 2025-09-30 08492698 uk-core:ShareCapital 2024-09-30 08492698 uk-core:SharePremium 2025-09-30 08492698 uk-core:SharePremium 2024-09-30 08492698 uk-core:RetainedEarningsAccumulatedLosses 2025-09-30 08492698 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 08492698 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-09-30 08492698 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 08492698 uk-core:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 08492698 uk-bus:FRS102 2024-10-01 2025-09-30 08492698 uk-core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 08492698 uk-core:CostValuation 2024-09-30 08492698 uk-core:AdditionsToInvestments 2025-09-30 08492698 uk-core:CostValuation 2025-09-30 08492698 2024-10-01 2025-09-30 08492698 uk-bus:Director1 2024-10-01 2025-09-30 08492698 uk-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Livestax Limited.
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 September 2025



Livestax Limited.
DIRECTOR'S REPORT
for the financial year ended 30 September 2025

 
The director presents their report and the unaudited financial statements for the financial year ended 30 September 2025.
 
Principal Activity

The company operates two principal activities:

1. Technology platform services involving the integration of data and functionality from existing general purpose applications and SaaS products to deliver personalised information through a secure web browser interface.

2. Financial services comprising debt fundraising activities and the provision of loans to companies within the immersive technology ecosystem, particularly those engaged in digital immersive art, animation, and immersive technology development.
     
Results and Dividends
The loss for the financial year amounted to £(777,957) (2024 - £(214,689)).
     
Director
The director who served during the financial year is as follows:
     
Mark Howell
   
There were no changes in shareholdings between 30 September 2025 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Indemnity Insurance
In accordance with our Articles of Association and to the extent permitted by the laws of England and Wales, directors are granted an indemnity from the Company in respect of liabilities incurred as a result of their office.  In addition, we maintained a directors' and officers' liability insurance policy throughout the year.  Neither our indemnity nor the insurance provides cover in the event that a director is proven to have acted dishonestly or fraudulently.
     
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements
     
The director made the following statement in respect of the unaudited financial statements:
     
"General responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Director's declaration on unaudited financial statements
In relation to the financial statements comprising the Abridged Income Statement, the Abridged Statement of Financial Position, the Statement of Changes in Equity and the related notes:
     
The director approves these financial statements and confirms that they is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.
     
The director confirms that they has made available to Hugh McCarthy and Associates, (Chartered Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.
     
The director confirms that to the best of their knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 30 September 2025."
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
Mark Howell
Director
     
24 June 2026



Livestax Limited.
ABRIDGED INCOME STATEMENT
for the financial year ended 30 September 2025
2025 2024
Notes £ £

Gross profit 20,000 128,800
 
Administrative expenses (2,941,970) (3,313,669)
Other operating income 2,600,000 2,976,250
───────── ─────────
Operating loss (321,970) (208,619)
 
Finance income 1,480,630 572,646
Finance costs (1,936,617) (578,716)
───────── ─────────
Loss before taxation (777,957) (214,689)
 
Tax on loss - -
───────── ─────────
Loss for the financial year (777,957) (214,689)
───────── ─────────
Total comprehensive income (777,957) (214,689)
    ═════════   ═════════



Livestax Limited.
Company Registration Number: 08492698
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 30 September 2025

2025 2024
Notes £ £
 
Non-Current Assets
Financial assets 5 38,175,226 34,883,790
───────── ─────────
 
Current Assets
Receivables 5,221,124 2,115,302
Cash and cash equivalents 20,632 1,903,128
───────── ─────────
5,241,756 4,018,430
───────── ─────────
Payables: amounts falling due within one year (39,637) (13,791)
───────── ─────────
Net Current Assets 5,202,119 4,004,639
───────── ─────────
Total Assets less Current Liabilities 43,377,345 38,888,429
 
Payables:
amounts falling due after more than one year (44,062,667) (38,795,794)
───────── ─────────
Net (Liabilities)/Assets (685,322) 92,635
═════════ ═════════
 
Equity
Called up share capital 261 261
Share premium account 6 159,989 159,989
Retained earnings (845,572) (67,615)
───────── ─────────
Equity attributable to owners of the company (685,322) 92,635
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 24 June 2026
           
           
Mark Howell          
Director          
           



Livestax Limited.
STATEMENT OF CHANGES IN EQUITY
as at 30 September 2025

Called up Share Retained Total
share premium earnings
capital account
£ £ £ £
 
At 1 October 2023 261 159,989 147,074 307,324
───────── ───────── ───────── ─────────
Loss for the financial year - - (214,689) (214,689)
───────── ───────── ───────── ─────────
At 30 September 2024 261 159,989 (67,615) 92,635
  ───────── ───────── ───────── ─────────
Loss for the financial year - - (777,957) (777,957)
  ───────── ───────── ───────── ─────────
At 30 September 2025 261 159,989 (845,572) (685,322)
  ═════════ ═════════ ═════════ ═════════



Livestax Limited.
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 September 2025

   
1. General Information
 
Livestax Limited. is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 08492698. The registered office of the company is Third Floor Sterling House, 20 Station Road, Gerrards Cross, Buckinghamshire, SL9 8EL, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Financial assets
Financial assets held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Payables.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
       
4. Property, plant and equipment
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 October 2024 12,787 12,787
  ───────── ─────────
 
At 30 September 2025 12,787 12,787
  ───────── ─────────
Depreciation
At 1 October 2024 12,787 12,787
  ───────── ─────────
 
At 30 September 2025 12,787 12,787
  ───────── ─────────
Carrying amount
At 30 September 2025 - -
  ═════════ ═════════
         
5. Financial fixed assets
  Group and Loans to group Total
  participating participating  
  interests/ interests and  
  joint ventures joint ventures  
Investments £ £ £
Cost
At 1 October 2024 - 34,883,790 34,883,790
Additions 449 3,290,987 3,291,436
  ───────── ───────── ─────────
At 30 September 2025 449 38,174,777 38,175,226
  ───────── ───────── ─────────
Carrying amount
At 30 September 2025 449 38,174,777 38,175,226
  ═════════ ═════════ ═════════
At 30 September 2024 - 34,883,790 34,883,790
  ═════════ ═════════ ═════════
   
6. Reserves
 
Share Premium Reserve
 
The amount carried forward is the premium that arose from the issue of shares in 2014.
 
       
7. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 September 2025.
   
8. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.