D Leivers & Co Limited

	Page
Accountants' Report	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of D Leivers & Co Limited for the year ended 31 May 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D Leivers & Co Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of D Leivers & Co Limited , as a body, in accordance with the terms of our engagement letter dated 22 November 2018. Our work has been undertaken solely to prepare for your approval the accounts of D Leivers & Co Limited and state those matters that we have agreed to state to the directors of D Leivers & Co Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D Leivers & Co Limited and its directors as a body for our work or for this report.

It is your duty to ensure that D Leivers & Co Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of D Leivers & Co Limited . You consider that D Leivers & Co Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of D Leivers & Co Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Cedar + Co.

28/08/2025

Cedar + Co.

Chartered Certified Accountants

The Greenhouse

106-108 Ashbourne Road

Derby

DE22 3AG

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D Leivers & Co Limited

Statement of Financial Position

As At 31 May 2025

Statement of Financial Position

Registered number: 06908414

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		36,065		85,389

			36,065		85,389
CURRENT ASSETS
Stocks	5	8,848		7,709
Debtors	6	1,404		1,539
Cash at bank and in hand		75,914		9,746

		86,166		18,994
Creditors: Amounts Falling Due Within One Year	7	(63,410 )		(87,641 )

NET CURRENT ASSETS (LIABILITIES)			22,756		(68,647 )

TOTAL ASSETS LESS CURRENT LIABILITIES			58,821		16,742

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,825 )		(15,790 )

NET ASSETS			46,996		952

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			46,896		852

SHAREHOLDERS' FUNDS			46,996		952

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D Leivers & Co Limited

Statement of Financial Position (continued)

As At 31 May 2025

For the year ending 31 May 2025 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 Income Statement.

On behalf of the board

David Leivers

Director

28/08/2025

The notes on pages 4 to 6 form part of these financial statements.

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D Leivers & Co Limited

Notes to the Financial Statements

For The Year Ended 31 May 2025

Notes to the Financial Statements

1. Accounting Policies

1.1. 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.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

1.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life of 10 years.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on reducing balance method
Fixtures & Fittings	25% on reducing balance method

1.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

2. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	3

	4	3

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D Leivers & Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

3. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2024	38,501

As at 31 May 2025	38,501

Amortisation
As at 1 June 2024	38,501

As at 31 May 2025	38,501

Net Book Value
As at 31 May 2025	-

As at 1 June 2024	-

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 June 2024	113,211	10,144	123,355
Disposals	(56,700 )	(4,444 )	(61,144 )

As at 31 May 2025	56,511	5,700	62,211

Depreciation
As at 1 June 2024	31,264	6,702	37,966
Provided during the period	11,185	861	12,046
Disposals	(19,491 )	(4,375 )	(23,866 )

As at 31 May 2025	22,958	3,188	26,146

Net Book Value
As at 31 May 2025	33,553	2,512	36,065

As at 1 June 2024	81,947	3,442	85,389

5. Stocks

	2025	2024
	£	£
Stock	8,848	7,709

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,404	1,539

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D Leivers & Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	60,023	83,932
Taxation and social security	3,387	3,709

	63,410	87,641

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans from directors:

	As at 1 June 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 May 2025
	£	£	£	£	£
David Leivers	62,049	(45,965 )	3,028	-	19,112
Darren Leivers	8,152	-	11,028	-	19,180
Kathryn Leivers	11,931	-	8,000	-	19,931

The above loan is unsecured, interest free and repayable on demand.

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