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REGISTERED NUMBER: 10014830 (England and Wales)















LIVE AND DIRECT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017






LIVE AND DIRECT LIMITED (REGISTERED NUMBER: 10014830)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


LIVE AND DIRECT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017







DIRECTOR: V J Jeyaseelan





REGISTERED OFFICE: 37 Meadowview Road
Bexley
Kent
DA5 1HP





REGISTERED NUMBER: 10014830 (England and Wales)





ACCOUNTANTS: Joseph Kahan Associates LLP
Chartered Accountants
923 Finchley Road
London
NW11 7PE

LIVE AND DIRECT LIMITED (REGISTERED NUMBER: 10014830)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2017

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,632

CURRENT ASSETS
Debtors 5 2,100
Cash at bank 11,587
13,687
CREDITORS
Amounts falling due within one year 6 18,190
NET CURRENT LIABILITIES (4,503 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

129

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 8 29
SHAREHOLDERS' FUNDS 129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a) ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 July 2017 and were signed by:





V J Jeyaseelan - Director


LIVE AND DIRECT LIMITED (REGISTERED NUMBER: 10014830)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017


1. STATUTORY INFORMATION

Live And Direct Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net invoiced value of services rendered, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on cost
Motor van - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of
financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

LIVE AND DIRECT LIMITED (REGISTERED NUMBER: 10014830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017


4. TANGIBLE FIXED ASSETS
Plant and
machinery Motor van Totals
£    £    £   
COST
Additions 280 5,990 6,270
At 30 April 2017 280 5,990 6,270
DEPRECIATION
Charge for period 140 1,498 1,638
At 30 April 2017 140 1,498 1,638
NET BOOK VALUE
At 30 April 2017 140 4,492 4,632

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 3,712
VAT 1,625
Director's current account 12,328
Accrued expenses 525
18,190

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

LIVE AND DIRECT LIMITED (REGISTERED NUMBER: 10014830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2016 TO 30 APRIL 2017


8. RESERVES
Retained
earnings
£   

Profit for the period 18,979
Dividends (18,950 )
At 30 April 2017 29

9. ULTIMATE CONTROLLING PARTY

The controlling party is V J Jeyaseelan.