Leviathan Consulting Limited Filleted Accounts Cover
Leviathan Consulting Limited
Company No. 07563750
Information for Filing with The Registrar
31 March 2023
Leviathan Consulting Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 March 2023.
Principal activities
The principal activity of the company during the year under review was engineering consultancy.
Directors
The Directors who served at any time during the year were as follows:
E.L. Eyre
R.G. Eyre
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
R.G. Eyre
Director
16 November 2023
Leviathan Consulting Limited Balance Sheet Registrar
at
31 March 2023
Company No.
07563750
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
32,45945,027
32,45945,027
Current assets
Debtors
5
534,484350,909
Cash at bank and in hand
1,224,688764,570
1,759,1721,115,479
Creditors: Amount falling due within one year
6
(222,654)
(155,378)
Net current assets
1,536,518960,101
Total assets less current liabilities
1,568,9771,005,128
Provisions for liabilities
Deferred taxation
(475)
-
Net assets
1,568,5021,005,128
Capital and reserves
Called up share capital
33
Profit and loss account
8
1,568,4991,005,125
Total equity
1,568,5021,005,128
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 16 November 2023
And signed on its behalf by:
R.G. Eyre
Director
16 November 2023
Leviathan Consulting Limited Notes to the Accounts Registrar
for the year ended 31 March 2023
1
General information
Its registered number is: 07563750
Its registered office is:
Bank Street Business Centre
6 Bank Street
Malvern
Worcestershire
WR14 2JN
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
33% Straight line
Motor vehicles
33% Straight line
Furniture, fittings and equipment
50% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
86
4
Tangible fixed assets
Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total
£
£
£
£
Cost or revaluation
At 1 April 2022
18,933194,11074,173287,216
Additions
1,11815,7491,66018,527
Disposals
-
(90,878)
-
(90,878)
At 31 March 2023
20,051118,98175,833214,865
Depreciation
At 1 April 2022
18,933150,58272,674242,189
Charge for the year
6228,8182,21531,095
Disposals
-
(90,878)
-
(90,878)
At 31 March 2023
18,99588,52274,889182,406
Net book values
At 31 March 2023
1,05630,45994432,459
At 31 March 2022
-
43,528
1,499
45,027
5
Debtors
2023
2022
£
£
Trade debtors
331,464228,855
Corporation tax recoverable
-15,126
Deferred tax asset
-5,500
Other debtors
7,4775,227
Prepayments and accrued income
195,54396,201
534,484350,909
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Trade creditors
25,24619,430
Taxes and social security
106,738
77,124
Loans from directors
5,134586
Other creditors
8721,265
Accruals and deferred income
84,66456,973
222,654155,378
7
Share Capital
The ordinary shares have attached to them full voting, dividend and capital distribution (including on winding up) rights; they do not confer any rights of redemption.
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Leviathan Consulting Limited0756375031 March 202301 April 2022false16 November 2023BTCSoftware AP Solution 2023 10.4.0310.4.03true075637502022-04-012023-03-31075637502023-03-31075637502022-03-3107563750core:WithinOneYear2023-03-3107563750core:WithinOneYear2022-03-3107563750core:ShareCapital2023-03-3107563750core:ShareCapital2022-03-3107563750core:RetainedEarningsAccumulatedLosses2023-03-3107563750core:RetainedEarningsAccumulatedLosses2022-03-3107563750bus:RegisteredOffice2022-04-012023-03-3107563750core:PlantMachinery2022-04-012023-03-3107563750core:MotorVehicles2022-04-012023-03-3107563750core:FurnitureFittingsToolsEquipment2022-04-012023-03-31075637502021-04-012022-03-3107563750core:PlantMachinery2022-04-0107563750core:MotorVehicles2022-04-0107563750core:FurnitureFittingsToolsEquipment2022-04-01075637502022-04-0107563750core:PlantMachinery2023-03-3107563750core:MotorVehicles2023-03-3107563750core:FurnitureFittingsToolsEquipment2023-03-3107563750core:RetainedEarningsAccumulatedLosses2022-04-012023-03-3107563750bus:SmallEntities2022-04-012023-03-3107563750bus:FullAccounts2022-04-012023-03-3107563750bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3107563750bus:Director22022-04-012023-03-3107563750bus:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:pure