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REGISTERED NUMBER: 08888251 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

TAKE THE LEAD SERVICES LTD

TAKE THE LEAD SERVICES LTD (REGISTERED NUMBER: 08888251)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TAKE THE LEAD SERVICES LTD

COMPANY INFORMATION
For The Year Ended 28 February 2023







DIRECTORS: K Hart
M P Hart





REGISTERED OFFICE: Conifers
59 Ayling Lane
Aldershot
Hampshire
GU11 3LZ





REGISTERED NUMBER: 08888251 (England and Wales)

TAKE THE LEAD SERVICES LTD (REGISTERED NUMBER: 08888251)

ABRIDGED BALANCE SHEET
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 10,817
Tangible assets 5 117,175 92,553
117,175 103,370

CURRENT ASSETS
Debtors 18,614 18,269
Cash at bank 44,309 32,511
62,923 50,780
CREDITORS
Amounts falling due within one year 83,061 58,107
NET CURRENT LIABILITIES (20,138 ) (7,327 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,037

96,043

CREDITORS
Amounts falling due after more than one year (20,667 ) (28,667 )

PROVISIONS FOR LIABILITIES (10,569 ) (5,891 )
NET ASSETS 65,801 61,485

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 19,990 19,990
Retained earnings 45,611 41,295
65,801 61,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

TAKE THE LEAD SERVICES LTD (REGISTERED NUMBER: 08888251)

ABRIDGED BALANCE SHEET - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by:





K Hart - Director


TAKE THE LEAD SERVICES LTD (REGISTERED NUMBER: 08888251)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2023


1. STATUTORY INFORMATION

Take The Lead Services 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of pet care services, excluding value added tax, during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Plant and machinery-25% on cost
Fixtures and fittings-25% on cost
Office equipment-33.33% on cost
Freehold land-Not depreciated

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account 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 are charged to the profit and loss in the period to which they relate.

Company contributions payable to the directors' private pension schemes are charged to the profit and loss account in the period to which they relate.

TAKE THE LEAD SERVICES LTD (REGISTERED NUMBER: 08888251)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 28 February 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 59,000
AMORTISATION
At 1 March 2022 48,183
Amortisation for year 10,817
At 28 February 2023 59,000
NET BOOK VALUE

At 28 February 2023 -
At 28 February 2022 10,817

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 134,073
Additions 33,588
Disposals (6,800 )
At 28 February 2023 160,861
DEPRECIATION
At 1 March 2022 41,520
Charge for year 8,966
Eliminated on disposal (6,800 )
At 28 February 2023 43,686
NET BOOK VALUE
At 28 February 2023 117,175
At 28 February 2022 92,553

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 22,813 20,486
Between one and five years 103,324 7,850
In more than five years 8,330 -
134,467 28,336