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Company registration number: |
00711930
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LEVRANT-RICH LIMITED
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| REPORT OF THE DIRECTOR'S AND |
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| FINANCIAL STATEMENTS |
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| FOR THE PERIOD ENDED 31 December 2024 |
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| LEVRANT-RICH LIMITED |
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| BALANCE SHEET |
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| AS AT 31 December 2024
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2024 |
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2023 |
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Notes |
£ |
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£ |
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£ |
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£ |
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| FIXED ASSETS | | | | | | | | | | | |
| Intangible assets | | | 3 | | | 53,388 | | | | 53,388 | |
| Tangible assets | | | 4 | | | 902,609 | | | | 902,941 | |
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| | | | | | | 955,997 | | | | 956,329 | |
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| CURRENT ASSETS |
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| Debtors | | | | 4,986 | | | | 6,078 | | | | |
| Cash at bank and in hand | | | | 83,277 | | | | 18,718 | | | | |
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| | | | | 88,263 | | | | 24,796 | | | |
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| CREDITORS |
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| Amounts falling due within one year |
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(142,759) |
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(20,598) |
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| NET CURRENT ASSETS |
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(54,496) |
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4,198 |
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| TOTAL ASSETS LESS |
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| CURRENT LIABILITIES |
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901,501 |
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960,527 |
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| PROVISIONS FOR LIABILITIES | | | | | (187,966) | | | | (158,714) | |
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| NET ASSETS |
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713,535 |
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801,813 |
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| CAPITAL AND RESERVES |
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| Called-up equity share capital |
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90,100 |
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90,100 |
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| Revaluation Reserve | | | | | | 751,865 | | | | 751,865 | |
| Other Reserves | | | | | | (91,752) | | | | (62,500) | |
| Profit and loss account |
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(36,678) |
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22,348 |
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| SHAREHOLDERS FUNDS |
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713,535 |
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801,813 |
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| For the period ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. | | | | | | | |
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| The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. | | | | | | | |
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| The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts. | | | | | | | |
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| All the members have consented to the preparation of abridged financial statements for the period ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006. | | | | | | | |
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| The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime. | | | | | | | |
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| These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 15 September 2025 and signed on its behalf. | | | | | | | |
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| .......................................................................... |
| Shula Rich |
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15 September 2025
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| The annexed notes form part of these financial statements. | | | | | | | |
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LEVRANT-RICH LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS |
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FOR THE PERIOD ENDED 31 DECEMBER 2024 |
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| 1. |
Accounting policies |
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| Statutory information | | | | | | | |
| Levrant-Rich Limited is a private company, limited by shares, registered in n England and Wales, registration number 00711930. The registered office is Platform9, Church Road, Hove, BN3 2AF. | |
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Basis of preparing the financial statements |
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The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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| Turnover | | | | | | | | | |
| Turnover is measured at the fair value of the consideration received or or receivable, for services rendered , stated net of VAT. | |
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| Intangible Assets |
| Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. | |
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| Financial assets |
| Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at provided on these gains at the rate expected to apply when the property is sold. | |
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| Fixed Assets | | | | | | | | |
| Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided using a 3 year reducing balance in order t write off the assets over their estimated useful lives. | |
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| 2. | Employees | | | |
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| The average number of persons employed by the company (including directors) during the year was 1. |
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| 3. | Intangible fixed assets | | | | | | | | | |
| | | | Total |
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| Cost | | | | | | | | | | |
| At start of period | | 53,388 |
| At end of period | |
53,388 |
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| Net Book Values | | | | | | | | | |
| At start of period | | 53,388 |
| At end of period | | 53,388 |
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| Intangible assets are patent, trademark, and other fees and costs incurred The fees will be written off over the expected useful life of the product, once trade relating to patents has commenced. |
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| 4. | Tangible fixed assets | | | | | | | | | |
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Total |
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| Cost | | | | | | | | | | |
| At start of period | | 907,222 | |
| Additions | | | 975 | |
| At end of period | | 908,197 | |
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| Depreciation | | | | | | | | | | |
| At start of period | | 4,281 | |
| Provided during the period | | 1,306 | |
| At end of period | | 5,587 | |
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| Net Book Value | | | | | | | | | |
| At start of period | | 902,941 | |
| At end of period | | 902,609 | |
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