REGISTERED NUMBER: 02200140 (England and Wales)

Levenmere Limited

Unaudited Financial Statements

for the year ended

31 December 2024

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

3

Chartered Accountants' Report

4

FIXED ASSETS

Tangible assets

4

9,044

13,883

Investment property

5

260,000

260,000

269,044

273,883

CURRENT ASSETS

Debtors

6

1,382

1,202

Cash at bank

174,808

211,566

176,190

212,768

CREDITORS

Amounts falling due within one year

7

(15,075

)

(65,697

)

NET CURRENT ASSETS

161,115

147,071

TOTAL ASSETS LESS CURRENT LIABILITIES

430,159

420,954

PROVISIONS FOR LIABILITIES

-

(1,411

)

NET ASSETS

430,159

419,543

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserves

6,015

6,015

Retained earnings

424,044

413,428

SHAREHOLDERS' FUNDS

430,159

419,543

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

A N J Palmer - Director

1.	STATUTORY INFORMATION

Levenmere Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02200140

Registered office:

Yare House

62-64 Thorpe Road

Norwich

Norfolk

NR1 1RY

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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

15% reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 January 2024

41,189

26,593

67,782

Disposals

(38,189

)

-

(38,189

)

At 31 December 2024

3,000

26,593

29,593

DEPRECIATION

At 1 January 2024

37,590

16,309

53,899

Charge for year

235

2,571

2,806

Eliminated on disposal

(36,156

)

-

(36,156

)

At 31 December 2024

1,669

18,880

20,549

NET BOOK VALUE

At 31 December 2024

1,331

7,713

9,044

At 31 December 2023

3,599

10,284

13,883

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

260,000

NET BOOK VALUE

At 31 December 2024

260,000

At 31 December 2023

260,000

Investment property was valued on an open market basis on 31 December 2024 by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

1,382

1,202

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

4,426

3,829

Other creditors

10,649

61,868

15,075

65,697

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the balance owed to the directors was £2,000 (2023 - £53,329).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

TC Group

Accountants

Yare House

62-64 Thorpe Road

Norwich

Norfolk

NR1 1RY

24 September 2025