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REGISTERED NUMBER: 13155666 (England and Wales)












Unaudited Financial Statements

for the Period

25 January 2021 to 31 December 2021

for

3level3 Ltd

3level3 Ltd (Registered number: 13155666)






Contents of the Financial Statements
for the Period 25 January 2021 to 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


3level3 Ltd

Company Information
for the Period 25 January 2021 to 31 December 2021







DIRECTOR: E T Searle





REGISTERED OFFICE: Manor House
Lower Woodford
Salisbury
Wiltshire
SP4 6NQ





REGISTERED NUMBER: 13155666 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
Bennett House
The Dean
Alresford
Hampshire
SO24 9BH

3level3 Ltd (Registered number: 13155666)

Balance Sheet
31 December 2021

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,551

CURRENT ASSETS
Stocks 1,000
Debtors 5 1,573
Cash at bank 68
2,641
CREDITORS
Amounts falling due within one year 6 10,875
NET CURRENT LIABILITIES (8,234 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,683

)

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings (6,684 )
SHAREHOLDERS' FUNDS (6,683 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 July 2022 and were signed by:





E T Searle - Director


3level3 Ltd (Registered number: 13155666)

Notes to the Financial Statements
for the Period 25 January 2021 to 31 December 2021

1. STATUTORY INFORMATION

3level3 Ltd 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.

The director considers the use of the going concern basis of accounting appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. The financial statements have therefore been prepared on a going concern basis. The director has confirmed that he will continue to support the company and will not recall his loan if it would render the company unable to pay its liabilities as they fall due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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

The average number of employees during the period was NIL.

3level3 Ltd (Registered number: 13155666)

Notes to the Financial Statements - continued
for the Period 25 January 2021 to 31 December 2021

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 2,243
At 31 December 2021 2,243
DEPRECIATION
Charge for period 692
At 31 December 2021 692
NET BOOK VALUE
At 31 December 2021 1,551

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Deferred tax asset 1,573

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 9,795
Accrued expenses 1,080
10,875

7. DEFERRED TAX
£   
Accelerated capital allowances 295
Unrelieved trading losses (1,868 )
Balance at 31 December 2021 (1,573 )

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .

9. RELATED PARTY DISCLOSURES

Mr E T Searle
Director

During the period under review Mr E T Searle incurred expenses on behalf of the company amounting to £9,396.

£
Amount due to related party at the balance sheet date 9,795

3level3 Ltd (Registered number: 13155666)

Notes to the Financial Statements - continued
for the Period 25 January 2021 to 31 December 2021

10. ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of Mr E T Searle, the sole director and shareholder.