LEVEN TRADING LIMITED

Company Registration Number:
10214623 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

LEVEN TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LEVEN TRADING LIMITED

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 22,456,791 13,456,788
Cost of sales: ( 19,140,327 ) ( 12,955,948 )
Gross profit(or loss): 3,316,464 500,840
Distribution costs: ( 142,269 ) ( 99,234 )
Administrative expenses: ( 453,367 ) ( 350,757 )
Operating profit(or loss): 2,720,828 50,849
Profit(or loss) before tax: 2,720,828 50,849
Profit(or loss) for the financial year: 2,720,828 50,849

LEVEN TRADING LIMITED

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Called up share capital not paid: 80,000 65,000
Fixed assets
Intangible assets: 3 288,791 135,000
Tangible assets: 4 3,823,745 598,984
Investments: 5 316,427 289,788
Total fixed assets: 4,428,963 1,023,772
Current assets
Stocks: 6 216,791 65,266
Debtors: 7 220,436 115,642
Cash at bank and in hand: 456,791 174,646
Investments:   0
Total current assets: 894,018 355,554
Creditors: amounts falling due within one year: 8 ( 223,655 ) ( 285,667 )
Net current assets (liabilities): 670,363 69,887
Total assets less current liabilities: 5,179,326 1,158,659
Creditors: amounts falling due after more than one year: 9 ( 185,697 ) ( 278,589 )
Provision for liabilities: ( 327,821 ) ( 41,238 )
Accruals and deferred income: ( 368,923 ) ( 498,237 )
Total net assets (liabilities): 4,296,885 340,595
Capital and reserves
Called up share capital: 60,000 40,000
Other reserves: 1,516,057 249,746
Profit and loss account: 2,720,828 50,849
Total Shareholders' funds: 4,296,885 340,595

The notes form part of these financial statements

LEVEN TRADING LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 26 August 2024
and signed on behalf of the board by:

Name: Syed Imtiaz Hussain
Status: Director

The notes form part of these financial statements

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue measured when economic benefits flow to entity.

    Tangible fixed assets depreciation policy

    Assets should be depreciated at 15 % Reducing Balance Method.

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 22 17

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 135,000 0 135,000
Additions 153,791 0 153,791
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 June 2023 288,791 0 288,791
Amortisation
At 1 July 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 June 2023 0 0 0
Net book value
At 30 June 2023 288,791 0 288,791
At 30 June 2022 135,000 0 135,000

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 62,288 183,753 224,476 94,173 34,294 598,984
Additions 1,939,338 425,679 175,334 218,679 465,731 3,224,761
Disposals
Revaluations
Transfers
At 30 June 2023 2,001,626 609,432 399,810 312,852 500,025 3,823,745
Depreciation
At 1 July 2022
Charge for year
On disposals
Other adjustments
At 30 June 2023
Net book value
At 30 June 2023 2,001,626 609,432 399,810 312,852 500,025 3,823,745
At 30 June 2022 62,288 183,753 224,476 94,173 34,294 598,984

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed assets investments note

Computer, Laptops, Scanner, Printer, mobiles, Air-conditioner, Fridge, Water dispenser, Furniture

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Stocks

2023 2022
£ £
Stocks 216,791 65,266
Total 216,791 65,266

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Debtors

2023 2022
£ £
Trade debtors 220,436 115,642
Total 220,436 115,642

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

8. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 223,655 285,667
Total 223,655 285,667

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

9. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 185,697 278,589
Total 185,697 278,589