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REGISTERED NUMBER: 04105851 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

C Level Earth Limited

C Level Earth Limited (Registered number: 04105851)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C Level Earth Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D Howarth





REGISTERED OFFICE: Innovation Centre
Falmer
Brighton
BN1 9SB





REGISTERED NUMBER: 04105851 (England and Wales)





ACCOUNTANTS: Canny & Associates Ltd
Chartered Certified Accountants
30 Moorgate
London
EC2R 6PJ

C Level Earth Limited (Registered number: 04105851)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,835 101,802

CURRENT ASSETS
Stocks 1,314,251 1,175,402
Debtors 5 626,969 1,048,608
Cash at bank 1,244,062 1,200,606
3,185,282 3,424,616
CREDITORS
Amounts falling due within one year 6 1,825,557 2,973,269
NET CURRENT ASSETS 1,359,725 451,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,445,560

553,149

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 1,445,550 553,139
1,445,560 553,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

C Level Earth Limited (Registered number: 04105851)

Balance Sheet - continued
31 March 2024


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 17 July 2024 and were signed by:





D Howarth - Director


C Level Earth Limited (Registered number: 04105851)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

C Level Earth 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

C Level Earth Limited (Registered number: 04105851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 20,416 401 96,630 4,107 121,554
Additions 5,432 375 - 7,061 12,868
At 31 March 2024 25,848 776 96,630 11,168 134,422
DEPRECIATION
At 1 April 2023 18,479 284 - 989 19,752
Charge for year 1,777 108 24,158 2,792 28,835
At 31 March 2024 20,256 392 24,158 3,781 48,587
NET BOOK VALUE
At 31 March 2024 5,592 384 72,472 7,387 85,835
At 31 March 2023 1,937 117 96,630 3,118 101,802

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 440,167 1,048,608
Other debtors 186,802 -
626,969 1,048,608

C Level Earth Limited (Registered number: 04105851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 818,332 1,711,375
Tax 348,932 108,309
Social security and other taxes 3,722 2,442
VAT 712 3,997
Other creditors 277 14,491
Deferred income 650,331 1,097,119
Directors' current accounts - 32,787
Accrued expenses 3,251 2,749
1,825,557 2,973,269

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

31.3.24 31.3.23
£    £   
D Howarth
Balance outstanding at start of year - -
Amounts advanced 186,802 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 186,802 -