Wearelevel Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11268835

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,633		3,010
Investments	5		7,014		7,014

			9,647		10,024
CURRENT ASSETS
Debtors	6	686,339		39,098
Cash at bank and in hand		947,529		1,987,022

		1,633,868		2,026,120
Creditors: Amounts Falling Due Within One Year	7	(248,568 )		(289,349 )

NET CURRENT ASSETS (LIABILITIES)			1,385,300		1,736,771

TOTAL ASSETS LESS CURRENT LIABILITIES			1,394,947		1,746,795

Creditors: Amounts Falling Due After More Than One Year	8		-		(5,290 )

NET ASSETS			1,394,947		1,741,505

CAPITAL AND RESERVES
Called up share capital	9		106		106
Share premium account			195,408		195,408
Profit and Loss Account			1,199,433		1,545,991

SHAREHOLDERS' FUNDS			1,394,947		1,741,505

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Wearelevel Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S J Anderson

Director

20 May 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Wearelevel Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11268835 . The registered office is Maisonette 8b Nevill Terrace, Tunbridge Wells, TN2 5QY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Wearelevel Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	9,449
Additions	1,856

As at 31 December 2025	11,305

Depreciation
As at 1 January 2025	6,439
Provided during the period	2,233

As at 31 December 2025	8,672

Net Book Value
As at 31 December 2025	2,633

As at 1 January 2025	3,010

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Wearelevel Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Other
	£
Cost
As at 1 January 2025	7,014

As at 31 December 2025	7,014

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	7,014

As at 1 January 2025	7,014

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	671,796	28,832
Other debtors	14,543	10,266

	686,339	39,098

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	34,675	21,470
Bank loans and overdrafts	-	10,375
Amounts owed to group undertakings	185,818	-
Other creditors	26,035	219,803
Taxation and social security	2,040	37,701

	248,568	289,349

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,290

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	106	106

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Wearelevel Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Related Party Transactions

CT Limited ( a 98% owned subsidiary company in Arusha, Tanzania):

At the year end, CT Limited owed £669,943 to Wearelevel Ltd. 2024 : £27,385

Also CT Limited paid £581,044 in commission to Wearelevel Ltd. 202 : £569,499

ConnectGo Ltd (Company related to one of the directors)

At the year end £12,708 was owed (2024 £Nil)

Reasearch and Reporting Services were provided to the company on an open market basis to the value of £114,360 (20245 £75,047)

11. Controlling Party

The company's controlling party are Mr M Baker and Mr S J H Anderson, the principal Directors, by virtue of their ownership of 92% of the issued Ordinary share capital in the company.

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