IO-Live Limited,Ltd - AccountsLtd - Accounts

IO-LIVE LIMITED - Company Information

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IO-Live Limited

Registered Number:07528240

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2017

IO-Live Limited

Contents Page

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Statement of Financial Position and Notes to the Accounts

As at 31 March 2017

IO-Live Limited

Statement of Financial Position and Notes to the Accounts

Registered Number :

07528240

2016

2017

29,626

35,727

Fixed assets

12,792

12,677

Current assets

Prepayments and accrued income

842

881

Creditors: amounts falling due

within one year

(41,695)

(35,174)

(28,137)

(21,540)

Net current liabilities

Total assets less current liabilities

8,086

7,590

Accruals and deferred income

(317)

7,769

Net assets

7,273

7,769

7,273

Capital and reserves

Notes to the Accounts

1. Accounting Policies

Changes in accounting policies

This is the first financial year that the Company has presented its financial statements in accordance with FRS 105 "The Financial Reporting Standard applicable to the micro-entities regime'. For financial years up to and including the year ended 31 March 2016, the Company prepared its financial statements in accordance with old UK GAAP. The Company's date of transition to FRS 105 is therefore 1 April 2015. In accordance with FRS105 deferred tax is not provided and therefore the figures for the year ended 31 March 2016 have been restated to exclude this provision. The tax charge and profit after tax have been adjusted by £1166 and the balance sheet net assets figure increased by £7145.

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For the year ended 31 March 2017

IO-Live Limited

Statement of Financial Position and Notes to the Accounts Continued

For the year ended 31 March 2017 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 of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

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.

These financial statements have been prepared in accordance with the micro-entities provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Mr Thomas Howard Rees Director

These financial statements were approved and authorised for issue by the Board on 21 November 2017 and were signed by:

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