Included within creditors is an amount of £nil (May 2025: 2,941) owed to a director. This amount is interest free and repayable on demand.

The following advances and credits to a director subsisted during the periods/years ending 31 December 2025 and 31 May 2025:

At the balance sheet date, there was a loan outstanding of £3,235 (May 2025: £5,720).

The average number of persons, including directors, employed by the company during the period was as follows:

These accounts have been prepared on the going concern basis, due to the continuing support from the directors, shareholders and an external investor. All stakeholders will continue to support the company for the foreseeable future. At the balance sheet date, the external investor has funded an amount of £717,620 (2025 May: £537,650). The funded amount is interest free with no fixed date for repayment.

Adept Live Limited is a private company limited by shares incorporated in England and Wales. The registered office is Abacus House, Pennine Business Park, Longbow Close, Huddersfield, West Yorkshire, HD2 1GQ.

For the period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true