Leverton U.K. Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 02778744

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		66,183		81,975

			66,183		81,975
CURRENT ASSETS
Stocks	6	20,000		20,000
Debtors	7	333,959		480,000
Cash at bank and in hand		148,947		35,900

		502,906		535,900
Creditors: Amounts Falling Due Within One Year	8	(504,851 )		(477,591 )

NET CURRENT ASSETS (LIABILITIES)			(1,945 )		58,309

TOTAL ASSETS LESS CURRENT LIABILITIES			64,238		140,284

Creditors: Amounts Falling Due After More Than One Year	9		(2,612 )		(13,004 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(16,500 )		(20,500 )

NET ASSETS			45,126		106,780

CAPITAL AND RESERVES
Called up share capital	10		300		300
Income Statement			44,826		106,480

SHAREHOLDERS' FUNDS			45,126		106,780

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Leverton U.K. Limited

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 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

Mr M Leverton

Director

1 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Leverton U.K. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02778744 . The registered office is Harper Hill House Farm, Harper Hill, Wingerworth, Chesterfield, S42 6QS.

2. Accounting Policies

2.1. 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.

2.2. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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 the income statement over its estimated economic life of .... years.

2.4. 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:

Plant & Machinery	15% RB
Motor Vehicles	25% RB
Fixtures & Fittings	20% SLM

2.5. 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.

2.6. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

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Leverton U.K. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Government Grant

Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.

All grants in the income statement are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

0Average number of employees, including directors, during the year was: NIL (2024: )

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	100,000

As at 31 March 2025	100,000

Amortisation
As at 1 April 2024	100,000

As at 31 March 2025	100,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	29,698	100,473	83,204	213,375

As at 31 March 2025	29,698	100,473	83,204	213,375

Depreciation
As at 1 April 2024	27,221	33,581	70,598	131,400
Provided during the period	372	12,940	2,480	15,792

As at 31 March 2025	27,593	46,521	73,078	147,192

Net Book Value
As at 31 March 2025	2,105	53,952	10,126	66,183

As at 1 April 2024	2,477	66,892	12,606	81,975

6. Stocks

	2025	2024
	£	£
Stock	20,000	20,000

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Leverton U.K. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	280,258	415,238
Other debtors	53,701	64,762

	333,959	480,000

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	28,782	63,777
Bank loans and overdrafts	10,393	10,193
Amounts owed to group undertakings	311,982	120,158
Other creditors	49,100	104,100
Taxation and social security	104,594	179,363

	504,851	477,591

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,612	13,004

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	300	300

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Marcus Leverton	23,173	19,488	23,173	-	19,488
Mrs Mandi Jowitt	17,304	19,488	17,304	-	19,488

The above loans are unsecured, interest free and repayable on demand.

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