REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JANUARY 2023 |
FOR |
LEVITA LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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 |
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 |
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 |
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 |
Disposals | ( |
) |
At 30 January 2023 |
NET BOOK VALUE |
At 30 January 2023 |
At 30 January 2022 |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 31 January 2022 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 January 2023 |
NET BOOK VALUE |
At 30 January 2023 |
At 30 January 2022 |
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 |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Tax |
Directors' loan accounts | 13,855 | 16,312 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Bank loans more 5 yr by instal |
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 |
This was by virtue of his 90% holding of the issued share capital. |