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REGISTERED NUMBER: 09511523 (England and Wales)















LEASE PARTNERS LTD

Financial Statements for the Year Ended 31 March 2023






LEASE PARTNERS LTD (Registered number: 09511523)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEASE PARTNERS LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr L J Searson
Dr R W Stone
Mr R R Gonsai
Mr D Shah





REGISTERED OFFICE: 29 Weymouth Street
London
W1G 7DB





REGISTERED NUMBER: 09511523 (England and Wales)





ACCOUNTANT: MGS CONSULTING
Chartered Certified Accountant & Business Adviser
111 College Hill Road
Harrow
Middlesex
HA3 7BT

LEASE PARTNERS LTD (Registered number: 09511523)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,323 55,820

CURRENT ASSETS
Debtors 5 214,085 254,331
Cash at bank 145,859 126,374
359,944 380,705
CREDITORS
Amounts falling due within one year 6 476,872 497,633
NET CURRENT LIABILITIES (116,928 ) (116,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(68,605

)

(61,108

)

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 8 (69,605 ) (62,108 )
SHAREHOLDERS' FUNDS (68,605 ) (61,108 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 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.

LEASE PARTNERS LTD (Registered number: 09511523)

Balance Sheet - continued
31 March 2023


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 10 July 2023 and were signed on its behalf by:




Mr L J Searson - Director Dr R W Stone - Director




Mr R R Gonsai - Director Mr D Shah - Director


LEASE PARTNERS LTD (Registered number: 09511523)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

LEASE PARTNERS LTD 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 71,670 47,070 6,007 124,747
DEPRECIATION
At 1 April 2022 33,446 30,276 5,205 68,927
Charge for year 4,778 2,519 200 7,497
At 31 March 2023 38,224 32,795 5,405 76,424
NET BOOK VALUE
At 31 March 2023 33,446 14,275 602 48,323
At 31 March 2022 38,224 16,794 802 55,820

LEASE PARTNERS LTD (Registered number: 09511523)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Prepayments and accrued income 214,085 254,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 350,525 371,286
Directors' current accounts 124,747 124,747
Accrued expenses 1,600 1,600
476,872 497,633

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. RESERVES
Retained
earnings
£   

At 1 April 2022 (62,108 )
Deficit for the year (7,497 )
At 31 March 2023 (69,605 )

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Mr L J Searson
Balance outstanding at start of year 31,188 31,188
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,188 31,188

LEASE PARTNERS LTD (Registered number: 09511523)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Dr R W Stone
Balance outstanding at start of year 31,187 31,187
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,187 31,187

Mr R R Gonsai
Balance outstanding at start of year 31,187 31,187
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,187 31,187

Mr D Shah
Balance outstanding at start of year 31,187 31,187
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,187 31,187