Company Registration No. 09022758 (England and Wales)
Lvl Up Gaming Ltd
Unaudited accounts
for the period from 30 May 2023 to 31 May 2024
Lvl Up Gaming Ltd
Unaudited accounts
Contents
Lvl Up Gaming Ltd
Company Information
for the period from 30 May 2023 to 31 May 2024
Directors
Karl Williams
David Grant Paterson
James Ronald Flood
Shaun Nicholas Caley
Company Number
09022758 (England and Wales)
Registered Office
266 Charminster Road
Bournemouth
Dorset
BH8 9RS
United Kingdom
Accountants
Accurate Complete Accounting Ltd
Upper Ground Floor
Streate Place, St Peters Road
Bournemouth
Dorset
BH1 2LT
Lvl Up Gaming Ltd
Statement of financial position
as at 31 May 2024
Intangible assets
3,969
5,292
Inventories
316,128
208,890
Cash at bank and in hand
(11,117)
(14,796)
Creditors: amounts falling due within one year
(265,953)
(121,078)
Net current assets
43,074
80,378
Total assets less current liabilities
47,901
86,310
Creditors: amounts falling due after more than one year
(20,000)
(38,376)
Called up share capital
100
100
Profit and loss account
27,801
47,834
Shareholders' funds
27,901
47,934
For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by
Karl Williams
Director
Company Registration No. 09022758
Lvl Up Gaming Ltd
Notes to the Accounts
for the period from 30 May 2023 to 31 May 2024
Lvl Up Gaming Ltd is a private company, limited by shares, registered in England and Wales, registration number 09022758. The registered office is 266 Charminster Road, Bournemouth, Dorset, BH8 9RS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Goodwill
Charge for the period
1,323
Lvl Up Gaming Ltd
Notes to the Accounts
for the period from 30 May 2023 to 31 May 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
(1,236)
(1,236)
Trade creditors
61,469
33,442
Taxes and social security
957
14,612
Other creditors
49,666
45,896
Loans from directors
154,547
27,364
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the period the average number of employees was 6 (2023: 6).