IRIS Accounts Production v24.1.0.578 03415924 Board of Directors 26.12.22 25.12.23 25.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034159242022-12-25034159242023-12-25034159242022-12-262023-12-25034159242021-12-25034159242021-12-262022-12-25034159242022-12-2503415924ns15:EnglandWales2022-12-262023-12-2503415924ns14:PoundSterling2022-12-262023-12-2503415924ns10:Director12022-12-262023-12-2503415924ns10:PrivateLimitedCompanyLtd2022-12-262023-12-2503415924ns10:SmallEntities2022-12-262023-12-2503415924ns10:AuditExempt-NoAccountantsReport2022-12-262023-12-2503415924ns10:SmallCompaniesRegimeForDirectorsReport2022-12-262023-12-2503415924ns10:SmallCompaniesRegimeForAccounts2022-12-262023-12-2503415924ns10:FullAccounts2022-12-262023-12-2503415924ns10:Director22022-12-262023-12-2503415924ns10:Director32022-12-262023-12-2503415924ns10:Director42022-12-262023-12-2503415924ns10:Director62022-12-262023-12-2503415924ns10:Director72022-12-262023-12-2503415924ns10:CompanySecretary12022-12-262023-12-2503415924ns10:RegisteredOffice2022-12-262023-12-2503415924ns5:ShareCapital2023-12-2503415924ns5:ShareCapital2022-12-2503415924ns5:SharePremium2023-12-2503415924ns5:SharePremium2022-12-2503415924ns5:LandBuildings2022-12-2503415924ns5:LandBuildings2023-12-2503415924ns5:LandBuildings2022-12-2503415924ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-2503415924ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-25
REGISTERED NUMBER: 03415924 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 25TH DECEMBER 2023

FOR

LEVENTHORPE LIMITED

LEVENTHORPE LIMITED (REGISTERED NUMBER: 03415924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25TH DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEVENTHORPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 25TH DECEMBER 2023







DIRECTORS: Mrs J E Beames
Mrs M C Maclean
Dr D A Wager
Mrs C A Southern
Mr M I Blanks
Mrs L Baggott





SECRETARY: Winchester Residential Sales Limited





REGISTERED OFFICE: 62 Rumbridge Street
Totton
Southampton
Hampshire
SO40 9DS





REGISTERED NUMBER: 03415924 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

LEVENTHORPE LIMITED (REGISTERED NUMBER: 03415924)

BALANCE SHEET
25TH DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,111 78,111

CURRENT ASSETS
Debtors 5 1,857 1,857
NET CURRENT ASSETS 1,857 1,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,968

79,968

CAPITAL AND RESERVES
Called up share capital 48 48
Share premium 79,920 79,920
SHAREHOLDERS' FUNDS 79,968 79,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25th December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 25th December 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.

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 25th July 2024 and were signed on its behalf by:





Dr D A Wager - Director


LEVENTHORPE LIMITED (REGISTERED NUMBER: 03415924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25TH DECEMBER 2023


1. STATUTORY INFORMATION

Leventhorpe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bank account
A statutory trust is imposed over service charge monies received under section 42 of the landlord and Tenant Act 1987. The residential management company acts as a trustee in this capacity.

The closing balance of cash and other assets is held in trust by the company. Reference should therefore be made to the service charge accounts completed for the benefit of the residents.

Tangible fixed assets
The Company's acquisition of title to the reversionary freehold interest in a property known as Leventhorpe Court, Elmhurst Road, Gosport, Hampshire containing forty eight leasehold flats is capitalised at cost inclusive of professional fees related to the acquisition. The asset is considered by the directors to have an indefinite economic life by reason of it being held in Trust for the tenants (who have already financed any future impairment) and as such no amortisation is required.

3. EMPLOYEES AND DIRECTORS

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

LEVENTHORPE LIMITED (REGISTERED NUMBER: 03415924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 25TH DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 26th December 2022
and 25th December 2023 78,111
NET BOOK VALUE
At 25th December 2023 78,111
At 25th December 2022 78,111

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,857 1,857