FX LIVE LIMITED


1 February 2021 false No description of principal activity Taxfiler 2022.8.3 12775065business:PrivateLimitedCompanyLtd2021-02-012022-03-31 127750652021-01-31 127750652021-02-012022-03-31 12775065business:AuditExemptWithAccountantsReport2021-02-012022-03-31 12775065business:FullAccounts2021-02-012022-03-31 127750652022-03-31 12775065business:Director12021-02-012022-03-31 12775065business:Director22021-02-012022-03-31 12775065business:Director32021-02-012022-03-31 12775065business:RegisteredOffice2021-02-012022-03-31 127750652021-01-31 12775065core:WithinOneYear2022-03-31 12775065core:WithinOneYear2021-01-31 12775065core:ShareCapital2022-03-31 12775065core:ShareCapital2021-01-31 12775065core:RetainedEarningsAccumulatedLosses2022-03-31 12775065core:RetainedEarningsAccumulatedLosses2021-01-31 12775065business:SmallEntities2021-02-012022-03-31 12775065countries:EnglandWales2021-02-012022-03-31 12775065core:PlantMachinery2021-02-012022-03-31 12775065core:ComputerEquipment2021-02-012022-03-31 12775065core:PlantMachinery2021-01-31 12775065core:ComputerEquipment2021-01-31 12775065core:PlantMachinery2022-03-31 12775065core:ComputerEquipment2022-03-31 127750652020-07-282021-01-31 iso4217:GBP xbrli:pure
Company Registration No. 12775065 (England and Wales)
FX LIVE LIMITED Unaudited accounts for the period from 1 February 2021 to 31 March 2022
FX LIVE LIMITED Unaudited accounts Contents
Page
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FX LIVE LIMITED Company Information for the period from 1 February 2021 to 31 March 2022
Directors
ANDREW CARRUTHERS JOE WILLIAMS JAMES PARTRIDGE
Company Number
12775065 (England and Wales)
Registered Office
23 ETHELDENE ROAD CASHES GREEN STROUD GLOUCESTERSHIRE GL5 4RS ENGLAND
Accountants
EMCHAJO LIMITED 10 BOWNHAM MEAD RODBOROUGH COMMON STROUD GLOUCESTERSHIRE GL5 5DZ
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FX LIVE LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
132,044 
64,445 
Current assets
Inventories
24,425 
7,038 
Debtors
96,036 
88,276 
Cash at bank and in hand
47,885 
34,215 
168,346 
129,529 
Creditors: amounts falling due within one year
(55,810)
(79,270)
Net current assets
112,536 
50,259 
Net assets
244,580 
114,704 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
244,480 
114,604 
Shareholders' funds
244,580 
114,704 
For the period ending 31 March 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2022 and were signed on its behalf by
JOE WILLIAMS Director Company Registration No. 12775065
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FX LIVE LIMITED Notes to the Accounts for the period from 1 February 2021 to 31 March 2022
1
Statutory information
FX LIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12775065. The registered office is 23 ETHELDENE ROAD, CASHES GREEN, STROUD, GLOUCESTERSHIRE, GL5 4RS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% STRAIGHT LINE
Computer equipment
33% STRAIGHT LINE
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2021
80,328 
271 
80,599 
Additions
82,464 
3,234 
85,698 
At 31 March 2022
162,792 
3,505 
166,297 
Depreciation
At 1 February 2021
16,065 
89 
16,154 
Charge for the period
17,517 
582 
18,099 
At 31 March 2022
33,582 
671 
34,253 
Net book value
At 31 March 2022
129,210 
2,834 
132,044 
At 31 January 2021
64,263 
182 
64,445 
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FX LIVE LIMITED Notes to the Accounts for the period from 1 February 2021 to 31 March 2022
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
94,436 
84,300 
Accrued income and prepayments
- 
1,876 
Other debtors
1,600 
2,100 
96,036 
88,276 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
30,208 
19,645 
Trade creditors
38,873 
13,446 
Taxes and social security
27,701 
20,070 
Loans from directors
(56,123)
- 
Accruals
15,151 
26,109 
55,810 
79,270 
7
Average number of employees
During the period the average number of employees was 3 (2021: 3).
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