REGISTERED NUMBER: 11932626 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 July 2025

for

GUT LEVEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A R Benson

Mrs H R Beres

Mrs E K Matthews

F T Siberry-Scott

SECRETARY:

REGISTERED OFFICE:

Gut Level

Snow Lane

Sheffield

South Yorkshire

S3 7AL

REGISTERED NUMBER:

11932626 (England and Wales)

ACCOUNTANT:

Hill and Co Accountants

106 Holme Lane

Hillsborough

Sheffield

South Yorkshire

S6 4JW

FIXED ASSETS

Tangible assets

4

26,289

32,345

CURRENT ASSETS

Debtors

5

876

3,750

Cash at bank

52,613

32,687

53,489

36,437

CREDITORS

Amounts falling due within one year

6

12,028

13,317

NET CURRENT ASSETS

41,461

23,120

TOTAL ASSETS LESS CURRENT LIABILITIES

67,750

55,465

RESERVES

Income and expenditure account

67,750

55,465

MEMBERS' FUNDS

67,750

55,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 July 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

F T Siberry-Scott - Director

1.	STATUTORY INFORMATION

The company is limited by guarantee.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 July 2024

and 29 July 2025

37,626

DEPRECIATION

At 30 July 2024

5,281

Charge for year

6,056

At 29 July 2025

11,337

NET BOOK VALUE

At 29 July 2025

26,289

At 29 July 2024

32,345

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/7/25

29/7/24

£

£

Trade debtors

876

3,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/7/25

29/7/24

£

£

Trade creditors

672

-

Taxation and social security

5,259

7,220

Other creditors

6,097

6,097

12,028

13,317

7.	LIMITED BY GUARANTEE

The company is limited by guarantee