Company registration number 06033413 (England and Wales)
LEVEL UP (SOUTH WEST) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
LEVEL UP (SOUTH WEST) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
49,859
2,371
Current assets
152,802
95,939
Prepayments and accrued income
614
278
Creditors: amounts falling due within one year
(40,478)
(43,966)
Net current assets
112,938
52,251
Total assets less current liabilities
162,797
54,622
Creditors: amounts falling due after more than one year
(13,764)
(20,690)
Accruals and deferred income
(1,320)
-
0
Net assets
147,713
33,932
Capital and reserves
147,713
33,932
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

The company made the following loans and advances to directors:

Advances to directors

During the year £107,556 was advanced to the directors and £26,596 was subsequently repaid. The balance owed by the directors at the beginning of the year was £Nil and at the end of the year the balance owed by the directors was £80,960. The loan was unsecured, has no repayment terms and was subject to interest at 2.25%.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
2
2

Level Up (South West) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Meads Barn, Ashwell Business Park, Ashwell, ILMINSTER, Somerset, TA19 9DX.

For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

LEVEL UP (SOUTH WEST) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 August 2024 and are signed on its behalf by:
..............................................
Mr Graeme Crosbie
Director
Company registration number 06033413 (England and Wales)
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