Company Registration No. 7396651 (England and Wales)
Levada Limited
Unaudited accounts
for the year ended 31 October 2023
Levada Limited
Unaudited accounts
Contents
Levada Limited
Company Information
for the year ended 31 October 2023
Company Number
7396651 (England and Wales)
Registered Office
Merchant House
5 East St. Helen Street
Abingdon
Oxfordshire
OX14 5EG
England
Accountants
Evenstone Ltd
Boston House
Downsview Road
Wantage
Oxfordshire
OX12 9FF
Levada Limited
Statement of financial position
as at 31 October 2023
Tangible assets
47,859
60,842
Cash at bank and in hand
34,811
55,915
Creditors: amounts falling due within one year
(38,513)
(81,830)
Net current liabilities
(3,702)
(12,597)
Called up share capital
100
100
Profit and loss account
44,057
48,145
Shareholders' funds
44,157
48,245
For the year ending 31 October 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 20 March 2024 and were signed on its behalf by
Richard Murray
Director
Company Registration No. 7396651
Levada Limited
Notes to the Accounts
for the year ended 31 October 2023
Levada Limited is a private company, limited by shares, registered in England and Wales, registration number 7396651. The registered office is Merchant House, 5 East St. Helen Street, Abingdon, Oxfordshire, OX14 5EG, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% straight line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
74,175
5,826
3,166
83,167
At 31 October 2023
74,175
5,826
3,709
83,710
At 1 November 2022
17,074
4,002
1,249
22,325
Charge for the year
11,420
882
1,224
13,526
At 31 October 2023
28,494
4,884
2,473
35,851
At 31 October 2023
45,681
942
1,236
47,859
At 31 October 2022
57,101
1,824
1,917
60,842
Levada Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,195
-
Other creditors
6,066
1,135
Loans from directors
27,850
76,991
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).