Levenview Ltd - Accounts

Levenview Ltd
Contents Page
For the year ended 31 July 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Levenview Ltd Accountants' Report For the year ended 31 July 2025
Chartered Accountant's report to the Board of Directors on the preparation of the unaudited statutory accounts of Levenview Ltd for the period ended 31 July 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Levenview Ltd for the period ended 31 July 2025 as set out on pages titled Income Statement and Statement of Financial Position and the related Notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Levenview Ltd, as a body, in accordance with the terms of our engagement letter dated 01 January 2025. Our work has been undertaken solely to prepare for your approval the accounts of Levenview Ltd and state those matters that we have agreed to state to the Board of Directors of Levenview Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Levenview Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Levenview Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Levenview Ltd . You consider that Levenview Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Levenview Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... Colin Dempster Colin A Dempster Chartered Accountant 39 Bridge Street STRATHAVEN ML10 6AN 31 July 2026 1

Levenview Ltd
Accountants' Report
For the year ended 31 July 2025

Chartered Accountant's report to the Board of Directors on the preparation of the unaudited statutory accounts of Levenview Ltd for the period ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Levenview Ltd for the period ended 31 July 2025 as set out on pages titled Income Statement and Statement of Financial Position and the related Notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Levenview Ltd, as a body, in accordance with the terms of our engagement letter dated 01 January 2025.

Our work has been undertaken solely to prepare for your approval the accounts of Levenview Ltd and state those matters that we have agreed to state to the Board of Directors of Levenview Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Levenview Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Levenview Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Levenview Ltd .

You consider that Levenview Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Levenview Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................

Colin Dempster
Colin A Dempster Chartered Accountant
39 Bridge Street
STRATHAVEN
ML10 6AN
31 July 2026

1

Levenview Ltd
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	0	3,784
		0	3,784
Current assets
Stocks		3,500	4,250
Debtors		13,207	3,312
Cash at bank and in hand		7,865	5,617
		24,572	13,179
Creditors: amount falling due within one year		(25,175)	(28,769)
Net current assets		(603)	(15,590)

Total assets less current liabilities		(603)	(11,806)
Net assets		(603)	(11,806)

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(604)	(11,807)
Shareholders' funds		(603)	(11,806)

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 31 July 2026 and were signed by:

-------------------------------
John Gerard O'Malley
Director

2

Levenview Ltd
Notes to the Abridged Financial Statements
For the year ended 31 July 2025

General Information

Levenview Ltd is a private company, limited by shares, registered in Scotland, registration number SC775204, registration address Office 1, Technology House, 9 Newton Place, Glasgow, G3 7PR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The financial statements have been prepared on a basis other than that of a going concern.
The Lennox Bar was not performing well and it ceased trading on 29 June 2025.
The fixed assets of Lennox Bar were sold on 29 June 2025. There are no onerous contractual commitments to be honoured at cessation. No provisions for the future costs of terminating that lease have been made other than those relating to costs committed to as at the year end.
The company opened the Whifflet Arms in Coatbridge on 17 July 2025 in the hope of improving the company's position, but trading ceased on 5 February 2026.The company is not expected to have made a profit in the period after 31 July 2025.
At the date of signing these accounts, the company has ceased trading altogether.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	Various % Straight Line
Fixtures and Fittings	50% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Costs include only the supplier's direct costs.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 August 2024	1,559	5,085	6,644
Additions	93	-	93
Disposals	(1,652)	(5,085)	(6,737)
At 31 July 2025	-	-	-
Depreciation
At 01 August 2024	317	2,542	2,859
Charge for year	-	-	-
On disposals	(317)	(2,542)	(2,859)
At 31 July 2025	-	-	-
Net book values
Closing balance as at 31 July 2025	-	-	-
Opening balance as at 01 August 2024	1,242	2,542	3,784

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Ordinary share of £1.00 each	1		1
	1		1

3

Registered Number: SC775204
Scotland
LEVENVIEW LTD

Abridged Accounts

Period of accounts Start date: 01 August 2024 End date: 31 July 2025