IRIS Accounts Production v25.4.12.37 01473176 Board of Directors 1.10.24 30.9.25 30.9.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01473176 2024-09-30 01473176 2025-09-30 01473176 2024-10-01 2025-09-30 01473176 2023-09-30 01473176 2023-10-01 2024-09-30 01473176 2024-09-30 01473176 ns15:EnglandWales 2024-10-01 2025-09-30 01473176 ns14:PoundSterling 2024-10-01 2025-09-30 01473176 ns10:Director1 2024-10-01 2025-09-30 01473176 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 01473176 ns10:SmallEntities 2024-10-01 2025-09-30 01473176 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 01473176 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 01473176 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 01473176 ns10:FullAccounts 2024-10-01 2025-09-30 01473176 ns10:Director3 2024-10-01 2025-09-30 01473176 ns10:CompanySecretary1 2024-10-01 2025-09-30 01473176 ns10:RegisteredOffice 2024-10-01 2025-09-30 01473176 ns5:CurrentFinancialInstruments 2025-09-30 01473176 ns5:CurrentFinancialInstruments 2024-09-30 01473176 ns5:Non-currentFinancialInstruments 2025-09-30 01473176 ns5:Non-currentFinancialInstruments 2024-09-30 01473176 ns5:ShareCapital 2025-09-30 01473176 ns5:ShareCapital 2024-09-30 01473176 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 01473176 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 01473176 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-10-01 2025-09-30 01473176 ns5:PlantMachinery 2024-10-01 2025-09-30 01473176 ns5:FurnitureFittings 2024-10-01 2025-09-30 01473176 ns5:MotorVehicles 2024-10-01 2025-09-30 01473176 ns5:ComputerEquipment 2024-10-01 2025-09-30 01473176 ns5:LandBuildings 2024-09-30 01473176 ns5:PlantMachinery 2024-09-30 01473176 ns5:LandBuildings 2024-10-01 2025-09-30 01473176 ns5:LandBuildings 2025-09-30 01473176 ns5:PlantMachinery 2025-09-30 01473176 ns5:LandBuildings 2024-09-30 01473176 ns5:PlantMachinery 2024-09-30 01473176 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 01473176 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 01473176 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-09-30 01473176 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-09-30 01473176 ns5:WithinOneYear 2025-09-30 01473176 ns5:WithinOneYear 2024-09-30 01473176 ns5:BetweenOneFiveYears 2025-09-30 01473176 ns5:BetweenOneFiveYears 2024-09-30 01473176 ns5:AllPeriods 2025-09-30 01473176 ns5:AllPeriods 2024-09-30

REGISTERED NUMBER: 01473176 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

LEVINE BROTHERS (HOME FURNISHINGS)

LIMITED

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | M J Levine

| R M Goodwin

| SECRETARY: | R M Goodwin

| REGISTERED OFFICE: | 583 Bearwood Road

| Smethwick

| Birmingham

| West Midlands

| B66 4BH

| REGISTERED NUMBER: | 01473176 (England and Wales)

| ACCOUNTANTS: | Crowe U.K. LLP

| Black Country House

| Rounds Green Road

| Oldbury

| West Midlands

| B69 2DG

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 50,939 |  | 48,455 |  |

CURRENT ASSETS

Stocks | 949,974 |  | 879,043 |  |

Debtors | 5 | 207,497 |  | 258,777 |  |

Cash at bank | 353,676 |  | 525,402 |  |

1,511,147 |  | 1,663,222 |  |

CREDITORS

Amounts falling due within one year | 6 | 979,216 |  | 1,043,588 |  |

NET CURRENT ASSETS | 531,931 |  | 619,634 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 582,870 |  | 668,089 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (6,667 | ) |

PROVISIONS FOR LIABILITIES | (11,660 | ) | (11,512 | ) |

NET ASSETS | 571,210 |  | 649,910 |  |

CAPITAL AND RESERVES

Called up share capital | 102 |  | 102 |  |

Retained earnings | 571,108 |  | 649,808 |  |

571,210 |  | 649,910 |  |

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

BALANCE SHEET - continued

30 SEPTEMBER 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by:

M J Levine - Director

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Levine Brothers (Home Furnishings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| Revenue from the sales of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on despatch of the goods), the amount of revenue can be measured reliably. It is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Tangible fixed assets

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

| Long leasehold | - | 25% on cost and 10% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 33% on cost and 25% on cost

| Motor vehicles | - | 20% on cost

| Office equipment | - | 25% on cost and 20% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

| Short term debtors are measured at transaction price, less any subsequent impairment

| Short term creditors are measured at transaction price.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 46 (2024 - 43 ) .

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Cost

| At 1 October 2024 | 28,555 |  | 111,550 |  | 140,105 |  |

| Additions | - |  | 19,383 |  | 19,383 |  |

| Disposals | - |  | (7,012 | ) | (7,012 | ) |

| At 30 September 2025 | 28,555 |  | 123,921 |  | 152,476 |  |

| Depreciation

| At 1 October 2024 | 7,767 |  | 83,883 |  | 91,650 |  |

| Charge for year | 4,213 |  | 12,244 |  | 16,457 |  |

| Eliminated on disposal | - |  | (6,570 | ) | (6,570 | ) |

| At 30 September 2025 | 11,980 |  | 89,557 |  | 101,537 |  |

| Net book value

| At 30 September 2025 | 16,575 |  | 34,364 |  | 50,939 |  |

| At 30 September 2024 | 20,788 |  | 27,667 |  | 48,455 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 98,160 |  | 149,460 |  |

| Other debtors | 99,061 |  | 109,317 |  |

197,221 |  | 258,777 |  |

| Amounts falling due after more than one year:

| Other debtors | 10,276 |  | - |  |

| Aggregate amounts | 207,497 |  | 258,777 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,667 |  | 10,000 |  |

| Trade creditors | 609,499 |  | 542,754 |  |

| Taxation and social security | 134,646 |  | 194,089 |  |

| Other creditors | 228,404 |  | 296,745 |  |

979,216 |  | 1,043,588 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 6,667 |  |

| LEVINE BROTHERS (HOME FURNISHINGS) |

| LIMITED (REGISTERED NUMBER: 01473176) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 73,901 |  | 169,071 |  |

| Between one and five years | - |  | 73,901 |  |

73,901 |  | 242,972 |  |