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Company Registration No. 10280453 (England and Wales)
Level 5 Consulting Limited Unaudited accounts for the year ended 31 July 2023
Level 5 Consulting Limited Unaudited accounts Contents
Page
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Level 5 Consulting Limited Company Information for the year ended 31 July 2023
Director
A Backhouse
Company Number
10280453 (England and Wales)
Registered Office
12 Richardson Avenue Garstang Preston Lancashire PR3 1BX England
Accountants
EHA Accountancy Ltd 2 Lower Brook Street Ulverston Cumbria LA12 7EE
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Level 5 Consulting Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
7,091 
6,091 
Current assets
Debtors
100 
456 
Cash at bank and in hand
1,681 
305 
1,781 
761 
Creditors: amounts falling due within one year
(650)
(255)
Net current assets
1,131 
506 
Total assets less current liabilities
8,222 
6,597 
Creditors: amounts falling due after more than one year
(2,153)
(2,250)
Net assets
6,069 
4,347 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,969 
4,247 
Shareholders' funds
6,069 
4,347 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 4 March 2024 and were signed on its behalf by
A Backhouse Director Company Registration No. 10280453
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Level 5 Consulting Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Level 5 Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 10280453. The registered office is 12 Richardson Avenue, Garstang , Preston, Lancashire, PR3 1BX, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Investments
Investments in shares are included at fair value.
4
Investments
Other investments 
£ 
Valuation at 1 August 2022
6,091 
Additions
1,000 
Valuation at 31 July 2023
7,091 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
356 
Other debtors
100 
100 
100 
456 
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Level 5 Consulting Limited Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
250 
250 
Taxes and social security
395 
- 
Other creditors
5 
5 
650 
255 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,153 
2,250 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A Backhouse
Loan
100 
- 
- 
100 
100 
- 
- 
100 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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