LEVEN TRADING LIMITED

Company Registration Number:
10214623 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

LEVEN TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LEVEN TRADING LIMITED

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 31,602,479 22,456,791
Cost of sales: ( 27,310,350 ) ( 19,140,327 )
Gross profit(or loss): 4,292,129 3,316,464
Distribution costs: ( 247,199 ) ( 142,269 )
Administrative expenses: ( 849,022 ) ( 453,367 )
Operating profit(or loss): 3,195,908 2,720,828
Profit(or loss) before tax: 3,195,908 2,720,828
Profit(or loss) for the financial year: 3,195,908 2,720,828

LEVEN TRADING LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Called up share capital not paid: 90,000 80,000
Fixed assets
Intangible assets: 3 340,691 288,791
Tangible assets: 4 4,185,268 3,823,745
Investments: 5 355,678 316,427
Total fixed assets: 4,881,637 4,428,963
Current assets
Stocks: 6 310,591 216,791
Debtors: 7 265,991 220,436
Cash at bank and in hand: 713,981 456,791
Total current assets: 1,290,563 894,018
Creditors: amounts falling due within one year: 8 ( 190,456 ) ( 223,655 )
Net current assets (liabilities): 1,100,107 670,363
Total assets less current liabilities: 6,071,744 5,179,326
Creditors: amounts falling due after more than one year: 9 ( 285,691 ) ( 185,697 )
Provision for liabilities: ( 388,390 ) ( 327,821 )
Accruals and deferred income: ( 208,620 ) ( 368,923 )
Total net assets (liabilities): 5,189,043 4,296,885
Capital and reserves
Called up share capital: 65,000 60,000
Other reserves: 1,928,135 1,516,057
Profit and loss account: 3,195,908 2,720,828
Total Shareholders' funds: 5,189,043 4,296,885

The notes form part of these financial statements

LEVEN TRADING LIMITED

Balance sheet statements

For the year ending 30 June 2024 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 21 March 2025
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 2024

  • 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

    Sale should be valued when economic benefits should be flow to the entity.

    Tangible fixed assets depreciation policy

    Assets should be depreciated at 20 % Straight line Method.

    Valuation information and policy

    Assets should be valued at fair Market value.

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 25 22

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2023 288,791 0 288,791
Additions 51,900 0 51,900
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 June 2024 340,691 0 340,691
Amortisation
At 1 July 2023 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 June 2024 0 0 0
Net book value
At 30 June 2024 340,691 0 340,691
At 30 June 2023 288,791 0 288,791

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 2,001,626 609,432 399,810 312,852 500,025 3,823,745
Additions 110,420 55,690 33,291 138,691 23,431 361,523
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 June 2024 2,112,046 665,122 433,101 451,543 523,456 4,185,268
Depreciation
At 1 July 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 June 2024 0 0 0 0 0 0
Net book value
At 30 June 2024 2,112,046 665,122 433,101 451,543 523,456 4,185,268
At 30 June 2023 2,001,626 609,432 399,810 312,852 500,025 3,823,745

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

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 2024

6. Stocks

2024 2023
£ £
Stocks 310,591 216,791
Total 310,591 216,791

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Debtors

2024 2023
£ £
Trade debtors 265,991 220,436
Total 265,991 220,436

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

8. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 190,456 223,655
Total 190,456 223,655

LEVEN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

2024 2023
£ £
Other creditors 285,691 185,697
Total 285,691 185,697