REGISTERED NUMBER: 12414957 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LEVEL BEST HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Wilcox

Mr J R H Wilcox

REGISTERED OFFICE:

Innovation House

Swinefleet Common

Swinefleet

Goole

DN14 8DW

REGISTERED NUMBER:

12414957 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

281,933

333,911

Investments

5

696,767

249,401

978,700

583,312

CURRENT ASSETS

Cash at bank

180,364

269,957

CREDITORS

Amounts falling due within one year

6

224,888

110,467

NET CURRENT (LIABILITIES)/ASSETS

(44,524

)

159,490

TOTAL ASSETS LESS CURRENT LIABILITIES

934,176

742,802

PROVISIONS FOR LIABILITIES

38,983

51,978

NET ASSETS

895,193

690,824

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

895,093

690,724

895,193

690,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

Mr J R H Wilcox - Director

1.	STATUTORY INFORMATION

Level Best Holdings Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Innovation House, Swinefleet Common, Swinefleet, Goole, England, DN14 8DW.

The financial statements are presented in the Pound Sterling (£) as this is the functional currency of business activities.

The principal activity is that of a holding company.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, 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 directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

126,000

611,095

737,095

DEPRECIATION

At 1 April 2024

-

403,184

403,184

Charge for year

-

51,978

51,978

At 31 March 2025

-

455,162

455,162

NET BOOK VALUE

At 31 March 2025

126,000

155,933

281,933

At 31 March 2024

126,000

207,911

333,911

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

100

100

Loans to group undertakings

696,667

249,301

696,767

249,401

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

Loans to

group

undertakings

£

At 1 April 2024

249,301

New in year

685,157

Repayment in year

(237,791

)

At 31 March 2025

696,667

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

163,441

106,264

Other creditors

61,447

4,203

224,888

110,467

7.	RELATED PARTY DISCLOSURES

During the year the company received the following amounts to its subsidiary

2025

2024

£

£

Rent

28,800

28,800

Management charge

120,000

120,000

Equipment hire

168,000

201,600

The amount due to Level Best Holdings Limited is shown in the notes to the accounts.

At the balance sheet date the company owed its directors £54,660 (2024: £702). The loan is free from interest

and repayable on demand.