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REGISTERED NUMBER: 11506662 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Leavier Ltd

Leavier Ltd (Registered number: 11506662)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leavier Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mrs A E Armstrong





REGISTERED OFFICE: Unit 36 Steel Drive
Wolverhampton
West Midlands
WV10 9XE





REGISTERED NUMBER: 11506662 (England and Wales)





ACCOUNTANTS: Crudgington Business Services Limited
50 Cowley Drive
Dudley
West Midlands
DY1 2SS

Leavier Ltd (Registered number: 11506662)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,713 58,337

CURRENT ASSETS
Stocks 177,687 123,496
Debtors 5 197,495 115,344
Cash at bank 30,031 196,628
405,213 435,468
CREDITORS
Amounts falling due within one year 6 204,391 268,332
NET CURRENT ASSETS 200,822 167,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,535

225,473

CREDITORS
Amounts falling due after more than one
year

7

(83,278

)

(65,475

)

PROVISIONS FOR LIABILITIES 8 (12,178 ) (11,084 )
NET ASSETS 154,079 148,914

CAPITAL AND RESERVES
Called up share capital 9 60 60
Retained earnings 154,019 148,854
SHAREHOLDERS' FUNDS 154,079 148,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Leavier Ltd (Registered number: 11506662)

Balance Sheet - continued
31 August 2024


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 director and authorised for issue on 11 April 2025 and were signed by:





Mrs A E Armstrong - Director


Leavier Ltd (Registered number: 11506662)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Leavier Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Office equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leavier Ltd (Registered number: 11506662)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 124,434 2,291 126,725
Additions 14,973 - 14,973
Disposals (35,000 ) - (35,000 )
At 31 August 2024 104,407 2,291 106,698
DEPRECIATION
At 1 September 2023 66,593 1,795 68,388
Charge for year 16,127 165 16,292
Eliminated on disposal (26,695 ) - (26,695 )
At 31 August 2024 56,025 1,960 57,985
NET BOOK VALUE
At 31 August 2024 48,382 331 48,713
At 31 August 2023 57,841 496 58,337

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 195,776 114,114
Other debtors 1,719 1,230
197,495 115,344

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 23,327 10,000
Hire purchase contracts 15,620 14,799
Trade creditors 55,136 64,514
Taxation and social security 83,700 117,441
Other creditors 26,608 61,578
204,391 268,332

Leavier Ltd (Registered number: 11506662)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 48,704 27,809
Hire purchase contracts 34,574 37,666
83,278 65,475

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 12,178 11,084

Deferred
tax
£   
Balance at 1 September 2023 11,084
Provided during year 1,094
Balance at 31 August 2024 12,178

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
60 Ordinary £1 60 60

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its director, Mrs A Armstrong, as she owns all of the issued share capital.