REGISTERED NUMBER: SC601255 (Scotland)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Compliance Lev Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Taylor

SECRETARY:

REGISTERED OFFICE:

15-17 Barskimming Road

Mauchline

East Ayrshire

KA5 5AJ

REGISTERED NUMBER:

SC601255 (Scotland)

ACCOUNTANTS:

WR Accountants

Bank Chambers

31 The Square

Cumnock

Ayrshire

KA18 1AT

FIXED ASSETS

Intangible assets

4

569

5,695

Tangible assets

5

271,864

270,057

272,433

275,752

CURRENT ASSETS

Debtors

6

1,494,222

807,026

Cash at bank

439,879

754,741

1,934,101

1,561,767

CREDITORS

Amounts falling due within one year

7

1,162,315

375,123

NET CURRENT ASSETS

771,786

1,186,644

TOTAL ASSETS LESS CURRENT LIABILITIES

1,044,219

1,462,396

PROVISIONS FOR LIABILITIES

27,000

27,000

NET ASSETS

1,017,219

1,435,396

CAPITAL AND RESERVES

Called up share capital

14

20

Capital redemption reserve

(944,994

)

-

Retained earnings

1,962,199

1,435,376

SHAREHOLDERS' FUNDS

1,017,219

1,435,396

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 26 May 2026 and were signed by:

D Taylor - Director

1.	STATUTORY INFORMATION

Compliance Lev Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Class of Tangible Asset

Depreciation policy

Land

land is not depreciated

Heritable property

straight line over 25 years or period of lease if shorter

Property improvements

straight line over 25 years or period of lease if shorter

Plant and machinery

straight line over 10 years

Motor vehicles

straight line over 5 years

Computerised equipment

straight line over 3 years

Depreciation is provided annually once assets are brought into use

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 profit or loss on a straight line basis over the period of the lease.

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 11 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

16,750

Additions

600

At 31 May 2025

17,350

AMORTISATION

At 1 June 2024

11,055

Charge for year

5,726

At 31 May 2025

16,781

NET BOOK VALUE

At 31 May 2025

569

At 31 May 2024

5,695

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

157,386

192,031

349,417

Additions

-

33,421

33,421

At 31 May 2025

157,386

225,452

382,838

DEPRECIATION

At 1 June 2024

-

79,360

79,360

Charge for year

-

31,614

31,614

At 31 May 2025

-

110,974

110,974

NET BOOK VALUE

At 31 May 2025

157,386

114,478

271,864

At 31 May 2024

157,386

112,671

270,057

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

1,288,027

801,262

Other debtors

206,195

5,764

1,494,222

807,026

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

4,525

6,063

Trade creditors

192,250

96,466

Taxation and social security

468,737

170,387

Other creditors

496,803

102,207

1,162,315

375,123

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors advances,credits and guarantees provided during the year are as follows:

31.5.25

£

Mr K Simmonds

Amounts due to Mr Simmonds at 1.6.24

1,836

Amounts advanced to Mr Simmonds in year

(201,581

)

Amounts repaid in year

260

Amounts due by Mr Simmonds at 31.5.25

(199,485

)

Mr Simmonds repaid his Directors Loan account in full on 1 September 2025.

31.5.25

£

Mr D Taylor

Amounts due to Mr Taylor at 1.6.24

255

Amounts advanced by Mr Taylor

260

Amounts due to Mr Taylor at 31.5.25

515

Amounts advanced by directors are interest free and repayable on demand.

Amounts due to Directors are included in Other creditors.

Amounts due by Directors are included in Other debtors.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is K Simmonds.

Mr K Simmonds resigned as a director on 1 September 2025 and Mr D Taylor is the ultimate controlling party thereafter.