REGISTERED NUMBER: 14362519 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Level Construction (South West) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

J O Salter

REGISTERED OFFICE:

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

REGISTERED NUMBER:

14362519 (England and Wales)

ACCOUNTANTS:

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

FIXED ASSETS

Intangible assets

4

10,602

12,047

Tangible assets

5

17,083

22,588

27,685

34,635

CURRENT ASSETS

Stocks

666

-

Debtors

6

16,337

36,871

Cash at bank

141

228

17,144

37,099

CREDITORS

Amounts falling due within one year

7

17,927

23,411

NET CURRENT (LIABILITIES)/ASSETS

(783

)

13,688

TOTAL ASSETS LESS CURRENT LIABILITIES

26,902

48,323

CREDITORS

Amounts falling due after more than one year

8

7,287

12,442

NET ASSETS

19,615

35,881

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,515

35,781

19,615

35,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 25 June 2026 and were signed by:

J O Salter - Director

1.	STATUTORY INFORMATION

Level Construction (South West) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Tools & equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

14,450

AMORTISATION

At 1 October 2024

2,403

Amortisation for year

1,445

At 30 September 2025

3,848

NET BOOK VALUE

At 30 September 2025

10,602

At 30 September 2024

12,047

5.	TANGIBLE FIXED ASSETS

Tools &

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

6,515

24,000

757

31,272

Additions

190

-

-

190

At 30 September 2025

6,705

24,000

757

31,462

DEPRECIATION

At 1 October 2024

2,401

6,000

283

8,684

Charge for year

1,076

4,500

119

5,695

At 30 September 2025

3,477

10,500

402

14,379

NET BOOK VALUE

At 30 September 2025

3,228

13,500

355

17,083

At 30 September 2024

4,114

18,000

474

22,588

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

-

1,767

Other debtors

16,337

35,104

16,337

36,871

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

8,415

7,685

Trade creditors

195

3,246

Taxation and social security

2,647

8,990

Other creditors

6,670

3,490

17,927

23,411

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

7,287

12,442

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

J O Salter

Balance outstanding at start of year

(911

)

(540

)

Amounts advanced

18,128

10,459

Amounts repaid

(18,270

)

(10,830

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,053

)

(911

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

Date: .............................................