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
Level 5 Consulting Limited
Company Information
for the year ended 31 July 2023
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
Level 5 Consulting Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
1,681
305
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)
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
Level 5 Consulting Limited
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 in shares are included at fair value.
4
Investments
Other investments
Valuation at 1 August 2022
6,091
Valuation at 31 July 2023
7,091
Amounts falling due within one year
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
-
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).