Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03314188 Mr Edward Clarke Mrs Jean Clarke Keylex Limited false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03314188 2022-12-31 03314188 2023-12-31 03314188 2023-01-01 2023-12-31 03314188 frs-core:ShareCapital 2023-12-31 03314188 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03314188 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03314188 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03314188 frs-bus:SmallEntities 2023-01-01 2023-12-31 03314188 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03314188 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03314188 1 2023-01-01 2023-12-31 03314188 frs-bus:Director1 2023-01-01 2023-12-31 03314188 frs-bus:Director2 2023-01-01 2023-12-31 03314188 frs-countries:EnglandWales 2023-01-01 2023-12-31 03314188 2021-12-31 03314188 2022-12-31 03314188 2022-01-01 2022-12-31 03314188 frs-core:CurrentFinancialInstruments 2022-12-31 03314188 frs-core:ShareCapital 2022-12-31 03314188 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 03314188
Leverman Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 03314188
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 1,227 319,328
1,227 319,328
Creditors: Amounts Falling Due Within One Year 4 - (240,000 )
NET CURRENT ASSETS (LIABILITIES) 1,227 79,328
TOTAL ASSETS LESS CURRENT LIABILITIES 1,227 79,328
NET ASSETS 1,227 79,328
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 1,127 79,228
SHAREHOLDERS' FUNDS 1,227 79,328
For the year ending 31 December 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Clarke
Director
31 May 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Leverman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03314188 . The registered office is 16-18 Upton Road, Claughton Village, Wirral, CH41 0DF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial 
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans 
to related parties investments in non-puttable ordinary shares. 
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other 
accounts receivable and payable, are initially measured at present value of the future cash flows and 
subsequently at amortised cost using the effective interest method. Debt instruments that are payable or 
receivable within on year, typically trade debtors and creditors, are measured, initially and subsequently, at 
the indiscounted amount of the cash or other consideration expected to be paid or received. However, if the 
the arrangements of a short-term instrument consittute a financial transaction, like the payment of a trade debt 
deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case 
of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the 
present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and 
subsequently at amortised cost. 
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting 
period for objective evidence of impairment. If objective evidence of impairment is found , an impairment loss 
is recognised in the Statement of comprehensive income. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Amounts owed to group undertakings - 240,000
- 240,000
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured ititially at fair value, net of transaction costs and measured subsequently at amortised cost using the effective interest method.
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
6. Related Party Transactions
As a subsidiary of the ultimate parent company Keylex Limted, the company has taken advantage of the exemption in FRS102 in not disclosing intra group transactions where 100% of the voting rights are controlled within the group.
7. Controlling Party
The company's controlling party is Keylex Limited by virtue of his ownership of 98% of the issued share capital in the company.
Page 2