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
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
FX LIVE LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
132,044
64,445
Cash at bank and in hand
47,885
34,215
Creditors: amounts falling due within one year
(55,810)
(79,270)
Net current assets
112,536
50,259
Net assets
244,580
114,704
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
FX LIVE LIMITED
Notes to the Accounts
for the period from 1 February 2021 to 31 March 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 March 2022
129,210
2,834
132,044
At 31 January 2021
64,263
182
64,445
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
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
38,873
13,446
Taxes and social security
27,701
20,070
Loans from directors
(56,123)
-
7
Average number of employees
During the period the average number of employees was 3 (2021: 3).