LIVEDRIVE LIMITED Accounts filed on 30-11-2013

LIVEDRIVE LIMITED Accounts filed on 30-11-2013

LIVEDRIVE LIMITED - Company Information

Print Friendly Version

false true true false 2012-12-01 2013-11-30 2013-11-30 true 04948338 2012-12-01 2013-11-30 04948338 2011-12-01 2012-11-30 04948338 2013-11-30 04948338 2012-11-30 04948338 2012-11-30 04948338 2011-11-30 04948338 uk-bus:Director1 2012-12-01 2013-11-30 04948338 uk-bus:Director1 2012-12-01 04948338 uk-bus:Director1 2013-11-30 04948338 uk-bus:CompanySecretary 2012-12-01 2013-11-30 04948338 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-12-01 2013-11-30 04948338 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2011-12-01 2012-11-30 04948338 uk-gaap:LeasedTangibleFixedAssets 2012-12-01 2013-11-30 04948338 uk-gaap:LeasedTangibleFixedAssets 2011-12-01 2012-11-30 04948338 uk-gaap:NetGoodwill 2012-12-01 2013-11-30 04948338 uk-gaap:NetGoodwill 2011-12-01 2012-11-30 04948338 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-12-01 2013-11-30 04948338 uk-gaap:IntangibleAssetsOtherThanGoodwill 2011-12-01 2012-11-30 04948338 uk-bus:AllEntityOfficers 2012-12-01 2013-11-30 04948338 uk-bus:AllEntityOfficers 2011-12-01 2012-11-30 04948338 uk-bus:AllOrdinaryShares 2012-12-01 2013-11-30 04948338 uk-bus:AllOrdinaryShares 2013-11-30 04948338 uk-bus:AllOrdinaryShares 2011-12-01 2012-11-30 04948338 uk-bus:AllOrdinaryShares 2012-11-30 04948338 uk-bus:AllPreferenceShares 2012-12-01 2013-11-30 04948338 uk-bus:AllPreferenceShares 2013-11-30 04948338 uk-bus:AllPreferenceShares 2011-12-01 2012-11-30 04948338 uk-bus:AllPreferenceShares 2012-11-30 04948338 uk-gaap:NetGoodwill 2013-11-30 04948338 uk-gaap:NetGoodwill 2012-11-30 04948338 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-11-30 04948338 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-11-30 04948338 uk-gaap:LandBuildings 2013-11-30 04948338 uk-gaap:LandBuildings 2012-12-01 2013-11-30 04948338 uk-gaap:LandBuildings 2012-11-30 04948338 uk-gaap:PlantMachinery 2013-11-30 04948338 uk-gaap:PlantMachinery 2012-12-01 2013-11-30 04948338 uk-gaap:PlantMachinery 2012-11-30 04948338 uk-gaap:FixturesFittings 2013-11-30 04948338 uk-gaap:FixturesFittings 2012-12-01 2013-11-30 04948338 uk-gaap:FixturesFittings 2012-11-30 04948338 uk-gaap:MotorVehicles 2013-11-30 04948338 uk-gaap:MotorVehicles 2012-12-01 2013-11-30 04948338 uk-gaap:MotorVehicles 2012-11-30 04948338 uk-gaap:OfficeEquipment 2013-11-30 04948338 uk-gaap:OfficeEquipment 2012-12-01 2013-11-30 04948338 uk-gaap:OfficeEquipment 2012-11-30 04948338 uk-bus:RegisteredOffice 2012-12-01 2013-11-30 04948338 uk-gaap:WithinOneYear 2013-11-30 04948338 uk-gaap:WithinOneYear 2012-11-30 04948338 uk-gaap:AfterOneYear 2013-11-30 04948338 uk-gaap:AfterOneYear 2012-11-30 04948338 uk-gaap:BetweenOneFiveYears 2013-11-30 04948338 uk-gaap:BetweenOneFiveYears 2012-11-30 04948338 uk-gaap:MoreThanFiveYears 2013-11-30 04948338 uk-gaap:MoreThanFiveYears 2012-11-30 iso4217:GBP xbrli:pure xbrli:shares

LIVEDRIVE LIMITED




Company Registration Number:
04948338 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01st December 2012

End date: 30th November 2013

SUBMITTED

LIVEDRIVE LIMITED

Company Information
for the Period Ended 30th November 2013




Director: Mr L Pessel
Registered office: 85 Alexandra Avenue
Harrow
Middlesex
HA2 8PX
Company Registration Number: 04948338 (England and Wales)

LIVEDRIVE LIMITED

Directors' Report Period Ended 30th November 2013

The directors present their report with the financial statements of the company for the period ended 30th November 2013

Principal activities
The principal activity of the company in the period under review was:
providing transportation services

Directors
The directors shown below have held office during the whole of the period from
01st December 2012 to 30th November 2013
Mr L Pessel

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 09 September 2014
And Signed On Behalf Of The Board By:

Name: Mr L Pessel
Status: Director

LIVEDRIVE LIMITED

Profit and Loss Account

for the Period Ended 30th November 2013

Notes 2013
£		 2012
£
Turnover: 345,587 380,762
Cost of sales: 158,192 206,081
Gross profit or (loss): 187,395 174,681
Administrative expenses: , 119,113 107,335
Operating profit or (loss): 68,282 67,346
Interest payable and similar charges: 22,680 16,370
Profit or (loss) on ordinary activities before taxation: 45,602 50,976
Tax on profit or (loss) on ordinary activities: 8,560 8,106
Profit or (loss) for the financial year: 37,042 42,870

The notes form part of these financial statements

LIVEDRIVE LIMITED

Statement of total recognised gains and losses
30th November 2013

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

The notes form part of these financial statements

LIVEDRIVE LIMITED

Balance sheet
As at 30th November 2013

Notes 2013
£		 2012
£
Fixed assets
Tangible assets: 2 118,208 132,600
Total fixed assets: 118,208 132,600
Current assets
Debtors: 42,061 64,370
Cash at bank and in hand: 10,657 10,358
Total current assets: 52,718 74,728
Creditors: amounts falling due within one year 154,906 189,349
Net current assets (liabilities): ( 102,188 ) ( 114,621 )
Total assets less current liabilities: 16,020 17,979
Total net assets (liabilities): 16,020 17,979

The notes form part of these financial statements

LIVEDRIVE LIMITED

Balance sheet
As at 30th November 2013
continued

Notes 2013
£		 2012
£
Capital and reserves
Called up share capital: 3 1,000 1
Profit and Loss account: 4 15,020 17,978
Total shareholders funds: 16,020 17,979

For the year ending 30 November 2013 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 09 September 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Mr L Pessel
Status: Director

The notes form part of these financial statements

LIVEDRIVE LIMITED

Notes to the Financial Statements
for the Period Ended 30th November 2013

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts are prepared on the historical cost convention.

    Turnover policy

    Turnover represents the net value of invoices raised during the period.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at their purchase price, together with any incidental expenses of acquisition as well as the cost of reconstruction. Tangible fixed assets are written off on a straight line basis over the expected useful economic life of the assets concerned. The principal annual rates used for this purpose are: Vans 25%

    Other accounting policies

    Cash Flow The accounts do not include a cash flow statement because the company as a small reporting entity is exempt from the requirements to prepare such a statement under Financial Reporting Standard 1 'Cash Flown Statements'

LIVEDRIVE LIMITED

Notes to the Financial Statements
for the Period Ended 30th November 2013

  • 2. Tangible assets

    Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    At 01st December 2012: - - - - 206,035 206,035
    Additions: - 16,077 - - 29,300 45,377
    At 30th November 2013: - 16,077 - - 235,335 251,412
    Depreciation
    At 01st December 2012: - - - - 73,435 73,435
    Charge for year: - 4,019 - - 55,750 59,769
    At 30th November 2013: - 4,019 - - 129,185 133,204
    Net book value
    At 30th November 2013: - 12,058 - - 106,150 118,208
    At 30th November 2012: - - - - 132,600 132,600

LIVEDRIVE LIMITED

Notes to the Financial Statements
for the Period Ended 30th November 2013

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2012
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1.00
    1.00
    		1
    Total share capital: 1
    Current period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1,000 1.00
    1.00
    		1,000
    Total share capital: 1,000

LIVEDRIVE LIMITED

Notes to the Financial Statements
for the Period Ended 30th November 2013

  • 4. Profit and loss account

    2013 2012
    £ £
    Opening balance: 17,978 6,108
    Profit or (loss) for the period: 37,042 42,870
    Equity dividends paid: 40,000 31,000
    Retained profit: 15,020 17,978