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REGISTERED NUMBER: 06043124 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JANUARY 2023

FOR

LEVITA LIMITED

LEVITA LIMITED (REGISTERED NUMBER: 06043124)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEVITA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JANUARY 2023







DIRECTORS: A J Langley
Ms K J Pratt





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 06043124 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

LEVITA LIMITED (REGISTERED NUMBER: 06043124)

BALANCE SHEET
30 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - 1,953
Investments 4 1,712 1,545
1,712 3,498

CURRENT ASSETS
Debtors 5 51,199 60,347
Cash at bank 1,941 522
53,140 60,869
CREDITORS
Amounts falling due within one year 6 21,098 26,192
NET CURRENT ASSETS 32,042 34,677
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,754

38,175

CREDITORS
Amounts falling due after more than one
year

7

35,709

39,563
NET LIABILITIES (1,955 ) (1,388 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (1,965 ) (1,398 )
(1,955 ) (1,388 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LEVITA LIMITED (REGISTERED NUMBER: 06043124)

BALANCE SHEET - continued
30 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2024 and were signed on its behalf by:




A J Langley - Director



Ms K J Pratt - Director


LEVITA LIMITED (REGISTERED NUMBER: 06043124)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2023

1. ACCOUNTING POLICIES

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

Turnover
Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Investments
Investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 have been enacted or substantively enacted by the balance sheet date.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

3. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 31 January 2022 1,953
Disposals (1,953 )
At 30 January 2023 -
NET BOOK VALUE
At 30 January 2023 -
At 30 January 2022 1,953

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 31 January 2022 1,545
Additions 7
Disposals (79 )
Revaluations 239
At 30 January 2023 1,712
NET BOOK VALUE
At 30 January 2023 1,712
At 30 January 2022 1,545

LEVITA LIMITED (REGISTERED NUMBER: 06043124)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 January 2023 is represented by:

Other
investments
£   
Valuation in 2023 695
Cost 1,017
1,712

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates 51,079 60,257
Other debtors 120 90
51,199 60,347

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,929 4,693
Trade creditors 1,032 1,032
Tax - 3,124
Directors' loan accounts 13,855 16,312
Accrued expenses 1,282 1,031
21,098 26,192

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,053 4,929
Bank loans - 2-5 years 15,940 15,547
Bank loans more 5 yr by instal 14,716 19,087
35,709 39,563

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 14,716 19,087

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, A J Langley increased his loan to the company. As at 30 January 2023 the company owed him £7,340 (2022: £6,997). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, Ms K J Pratt decreased her loan to the company. As at 30 January 2023 the company owed her £6,515 (2022: £9,315). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

LEVITA LIMITED (REGISTERED NUMBER: 06043124)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2023

9. RELATED PARTY DISCLOSURES

Aventrus Limited
As at the year end, Aventrus Limited was owed £51,079 (2022: £60,257) by the company . The balance is interest free and repayable on demand.

A J Langley and Ms K J Pratt holds 100% shares in Aventrus Limited and A J Langley is a director.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Langley.

This was by virtue of his 90% holding of the issued share capital.