Levy Special Projects Ltd - Filleted accounts

Registered number

09833199

Levy Special Projects Ltd

Filleted Accounts

31 October 2025

Levy Special Projects Ltd
Registered number:		09833199
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		330,650			330,498

Current assets
Debtors	4	34,275			27,331
Cash at bank and in hand		162,047			115,845
		196,322			143,176

Creditors: amounts falling due within one year	5	(71,722)			(66,523)

Net current assets			124,600			76,653

Net assets			455,250			407,151

Capital and reserves
Called up share capital			200			200
Profit and loss account			455,050			406,951

Shareholders' funds			455,250			407,151

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Abu Fotheh Choudhury
Director
Approved by the board on 25 March 2026

Levy Special Projects Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			33% on reducing balance basis
	Fixtures, fittings, tools and equipment			33% on reducing balance basis

	Investments
	Investment Property is measured at fair value. Chnages in Fair Value are recognised in profit or loss. Fair Value is estimated by the director.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	329,454		4,884		217		334,555
	Additions	-		749		-		749
	At 31 October 2025	329,454		5,633		217		335,304

	Depreciation
	At 1 November 2024	-		3,849		208		4,057
	Charge for the year	-		588		9		597
	At 31 October 2025	-		4,437		217		4,654

	Net book value
	At 31 October 2025	329,454		1,196		-		330,650
	At 31 October 2024	329,454		1,035		9		330,498
	Property cost and fair value remains the same per director valuation

4	Debtors					2025		2024
£							£

	Trade debtors					33,583		26,600
	Other debtors					692		731
						34,275		27,331


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					38,115		39,479
	Accruals					930		930
	Custom & Excise					11,086		7,883
	Director's account					16,441		12,841
	Rent Received in Advance					5,000		5,390
	Other creditors					150		-
						71,722		66,523


6	Related party transactions

	During the year, the ocmpany has paid divdends of £39,000 (2024: £40,000) to one director shareholder. While paid £32,000 (2024: 34,000) in dividends to the other director shareholder who waived off taking the dividends equally. The company has paid milage allowance of £4,832 (2024: £4,575) to the director of the company for year ended 31 October 2024. The milage allowance is included in motor expenses. The company also paid £3,600 (2024: £1,440) for use of home as office to one of the director. At the year end the director account was £16,441 in credit (2024: £12,841 Cr). While the other director account balance is nil.

7	Controlling party

	By Virtue of Shareholding, the two directors jointly control the company.

8	Going Concern

	The Directors have reviewed a period of 12 months from approval of these financial statements and concluded the company is able to meets its liablities as they fall due. As a result it is appropriate to prepare the accounts on a going concenr basis.

9	Other information

	Levy Special Projects Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	128 Ecceleston
	Crescent
	Romford
	RM6 4RD