1 July 2023 false No description of principal activity Taxfiler 2024.5 10808841business:PrivateLimitedCompanyLtd2023-07-012024-06-30 108088412023-06-30 108088412023-07-012024-06-30 10808841business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 10808841business:FilletedAccounts2023-07-012024-06-30 108088412024-06-30 10808841business:Director12023-07-012024-06-30 10808841business:RegisteredOffice2023-07-012024-06-30 108088412023-06-30 10808841core:WithinOneYear2024-06-30 10808841core:WithinOneYear2023-06-30 10808841core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 10808841core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10808841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 10808841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10808841core:PreviouslyStatedAmount2024-06-30 10808841core:PreviouslyStatedAmount2023-06-30 10808841business:SmallEntities2023-07-012024-06-30 10808841countries:EnglandWales2023-07-012024-06-30 10808841core:IntangibleAssetsOtherThanGoodwill2023-06-30 10808841core:IntangibleAssetsOtherThanGoodwill2024-06-30 10808841business:OrdinaryShareClass12023-07-012024-06-30 10808841business:OrdinaryShareClass12022-07-012023-06-30 108088412022-07-012023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10808841 (England and Wales)
Marcou Leveton Limited Unaudited accounts for the year ended 30 June 2024
Marcou Leveton Limited Unaudited accounts Contents
Page
- 2 -
Marcou Leveton Limited Company Information for the year ended 30 June 2024
Director
Sarah Marcou
Company Number
10808841 (England and Wales)
Registered Office
28 Farnaby Road Bromley BR1 4BJ United Kingdom
Accountants
Anumerate Limited Office 2.05, Clockwise Old Town Hall 30 Tweedy Road Bromley BR13FE
- 3 -
Marcou Leveton Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
185 
230 
Debtors
- 
67 
Cash at bank and in hand
32,032 
19,729 
32,217 
20,026 
Creditors: amounts falling due within one year
(8,057)
(6,477)
Net current assets
24,160 
13,549 
Net assets
24,160 
13,549 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
24,158 
13,547 
Shareholders' funds
24,160 
13,549 
For the year ending 30 June 2024 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 31 August 2024 and were signed on its behalf by
Sarah Marcou Director Company Registration No. 10808841
- 4 -
Marcou Leveton Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Marcou Leveton Limited is a private company, limited by shares, registered in England and Wales, registration number 10808841. The registered office is 28 Farnaby Road, Bromley, BR1 4BJ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is applied at 20% per year on a straight-line basis.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company?s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company?s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Cash
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
- 5 -
Marcou Leveton Limited Notes to the Accounts for the year ended 30 June 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Inventories
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company?s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
- 6 -
Marcou Leveton Limited Notes to the Accounts for the year ended 30 June 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
27,391 
At 30 June 2024
27,391 
Amortisation
At 1 July 2023
27,391 
At 30 June 2024
27,391 
Net book value
At 30 June 2024
- 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
185 
230 
185 
230 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
67 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,754 
4,486 
Loans from directors
1,396 
1,084 
Accruals
907 
907 
8,057 
6,477 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Transactions with related parties
The Director is a related party of the Company. At 30 June 2024 the Company owed the Director £1396 (2023: £1084). Loans with the Director are unsecured, interest-free and with no fixed term of repayment.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -