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REGISTERED NUMBER: 10927683 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

LEVEL UP MARKETING SOLUTIONS LIMITED

LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEVEL UP MARKETING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







Director: Mrs E J Walton





Registered office: Longworth Manor
Church Lane
Longworth
Oxfordshire
OX10 5DY





Registered number: 10927683 (England and Wales)





Accountants: BHG LLP
Chartered Accountants
95 St. George's Terrace
Newcastle Upon Tyne
NE2 2DN

LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,781 1,261

CURRENT ASSETS
Debtors 5 16,364 141,550
Cash at bank 325,062 149,125
341,426 290,675
CREDITORS
Amounts falling due within one year 6 174,117 137,001
NET CURRENT ASSETS 167,309 153,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,090

154,935

PROVISIONS FOR LIABILITIES 7 4,328 -
NET ASSETS 185,762 154,935

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 185,761 154,934
SHAREHOLDERS' FUNDS 185,762 154,935

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

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

The director acknowledges her 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.

LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)

BALANCE SHEET - continued
31 DECEMBER 2021


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 5 July 2022 and were signed by:





Mrs E J Walton - Director


LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

Level Up Marketing Solutions 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 2 ) .

LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 January 2021 2,977
Additions 27,417
At 31 December 2021 30,394
Depreciation
At 1 January 2021 1,716
Charge for year 5,897
At 31 December 2021 7,613
Net book value
At 31 December 2021 22,781
At 31 December 2020 1,261

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
as restated
£    £   
Trade debtors 16,220 141,550
Other debtors 144 -
16,364 141,550

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
as restated
£    £   
Trade creditors 20,001 1
Amounts owed to group undertakings 46,571 53,940
Taxation and social security 86,345 72,416
Other creditors 21,200 10,644
174,117 137,001

7. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
as restated
£    £   
Deferred tax
Accelerated capital allowances 4,328 -

LEVEL UP MARKETING SOLUTIONS LIMITED (REGISTERED NUMBER: 10927683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 4,328
Balance at 31 December 2021 4,328

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
as restated
£    £   
Mrs E J Walton
Balance outstanding at start of year (6,529 ) 28,349
Amounts repaid (6,673 ) (34,878 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 144 (6,529 )

9. RELATED PARTY TRANSACTIONS

During the year, the company's parent provided assistance on certain projects for which it charged arm's length fees of £59,454 (2020 = £60,253). There was a balance of £46,571 (2020 = £53,940) due to the parent company at 31December 2021.

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Level Up Marketing Pte Limited, a company incorporated in Singapore, which the director regards as the ultimate controlling party.