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REGISTERED NUMBER: 06347734 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Leading Edge Coaching Limited

Leading Edge Coaching Limited (Registered number: 06347734)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leading Edge Coaching Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: Mr P Marr





REGISTERED OFFICE: 102A Warwick Street
Leamington Spa
Warwickshire
CV32 4QP





REGISTERED NUMBER: 06347734 (England and Wales)





ACCOUNTANTS: Abrahamson Foster Limited
The Atkins Building
Lower Bond Street
Hinckley
Leicestershire
LE10 1QU

Leading Edge Coaching Limited (Registered number: 06347734)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,949 4,219

CURRENT ASSETS
Debtors 5 431,106 509,853
Cash at bank and in hand 10,501 9,655
441,607 519,508
CREDITORS
Amounts falling due within one year 6 351,876 379,129
NET CURRENT ASSETS 89,731 140,379
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,680

144,598

CREDITORS
Amounts falling due after more than one year 7 (81,522 ) (90,000 )

PROVISIONS FOR LIABILITIES (990 ) (844 )

ACCRUALS AND DEFERRED INCOME - (51,238 )
NET ASSETS 12,168 2,516

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 11,968 2,316
SHAREHOLDERS' FUNDS 12,168 2,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

Leading Edge Coaching Limited (Registered number: 06347734)

Balance Sheet - continued
31 December 2022


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 2 October 2023 and were signed by:





Mr P Marr - Director


Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Leading Edge Coaching 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on straight line
Computer equipment - 25% on straight line

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.

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 8 (2021 - 7 ) .

Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2022 25,653 47,212 72,865
Additions - 3,465 3,465
At 31 December 2022 25,653 50,677 76,330
DEPRECIATION
At 1 January 2022 25,653 42,993 68,646
Charge for year - 2,735 2,735
At 31 December 2022 25,653 45,728 71,381
NET BOOK VALUE
At 31 December 2022 - 4,949 4,949
At 31 December 2021 - 4,219 4,219

5. DEBTORS
31.12.22 31.12.21
£    £   
Amounts falling due within one year:
Trade debtors 225,456 288,398
Directors' loan accounts 198,788 158,137
Prepayments 6,862 7,600
431,106 454,135

Amounts falling due after more than one year:
Amounts owed by group undertakings - 55,718

Aggregate amounts 431,106 509,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 60,698 42,298
Trade creditors 53,030 74,020
Tax 89,367 91,554
Social security and other taxes 108,106 70,232
VAT 68,371 98,810
Other creditors 2,304 2,215
Accruals and deferred income (30,000 ) -
351,876 379,129

Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans - 1-2 years 20,000 20,000
Bank loans - 2-5 years 50,000 70,000
Amounts owed to group undertakings 11,522 -
81,522 90,000

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr P Marr and Mrs E Marr, who together own 100% of the issued share capital.