Registered number
06242825
NEW LEVEL INTERIORS LTD
Filleted Accounts
31 May 2025

NEW LEVEL INTERIORS LTD
Registered number: | 06242825
Balance Sheet
as at 31 May 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 376 |  |  | 501
Current assets
Stocks |  |  | 2,500 |  |  | 5,000
Creditors: amounts falling due within one year | 4 |  | (66,076) |  |  | (74,735)
Net current liabilities |  |  |  | (63,576) |  |  | (69,735)
Net liabilities |  |  |  | (63,200) |  |  | (69,234)
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | (63,201) |  |  | (69,235)
Shareholder's funds |  |  |  | (63,200) |  |  | (69,234)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Z Zrnic
Director
Approved by the board on 19 February 2026

NEW LEVEL INTERIORS LTD
Notes to the Accounts
for the year ended 31 May 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery and motor vehicle | 25% reducing balance
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Motor vehicle
£
| Cost
| At 1 June 2024 | 5,000
| At 31 May 2025 | 5,000
| Depreciation
| At 1 June 2024 | 4,499
| Charge for the year | 125
| At 31 May 2025 | 4,624
| Net book value
| At 31 May 2025 | 376
| At 31 May 2024 | 501
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Bank loans and overdrafts | 7,676 |  | 7,206
| Taxation and social security costs | 3,649 |  | 2,140
| Other creditors | 54,751 |  | 65,389
|  |  |  |  |  | 66,076 |  | 74,735
5 | Related party transactions
| Other creditors include £52,250 (2024 £63,489 advanced to the company by the director. There are no fixed terms as to interest or repayment of this amount.
6 | Controlling party
| The company is controlled by the director.
7 | Other information
| NEW LEVEL INTERIORS LTD is a private company limited by shares and incorporated in England. Its registered office is:
| 36 Mersham Road
| Thornton Heath
| Surrey CR7 8NP

NEW LEVEL INTERIORS LTD 06242825 false 2024-06-01 2025-05-31 2025-05-31 VT Final Accounts February 2026 Z Zrnic No description of principal activity 06242825 2023-06-01 2024-05-31 06242825 core:WithinOneYear 2024-05-31 06242825 core:ShareCapital 2024-05-31 06242825 core:RetainedEarningsAccumulatedLosses 2024-05-31 06242825 2024-06-01 2025-05-31 06242825 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06242825 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 06242825 bus:Director40 2024-06-01 2025-05-31 06242825 2 2024-06-01 2025-05-31 06242825 core:Vehicles 2024-06-01 2025-05-31 06242825 countries:England 2024-06-01 2025-05-31 06242825 bus:FRS102 2024-06-01 2025-05-31 06242825 bus:FilletedAccounts 2024-06-01 2025-05-31 06242825 2025-05-31 06242825 core:WithinOneYear 2025-05-31 06242825 core:ShareCapital 2025-05-31 06242825 core:RetainedEarningsAccumulatedLosses 2025-05-31 06242825 core:Vehicles 2025-05-31 06242825 2024-05-31 06242825 core:Vehicles 2024-05-31 iso4217:GBP xbrli:pure