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REGISTERED NUMBER: 10778154 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

MAN & LEE INVESTMENTS LIMITED

MAN & LEE INVESTMENTS LIMITED (REGISTERED NUMBER: 10778154)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAN & LEE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: Mrs C S Y Man
S M F Lee





REGISTERED OFFICE: PO Box 5000
Hornchurch
Essex
RM12 9GB





REGISTERED NUMBER: 10778154 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

MAN & LEE INVESTMENTS LIMITED (REGISTERED NUMBER: 10778154)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 743,416 743,416

CURRENT ASSETS
Debtors 5 13,312 13,592
Cash at bank 1,785 6,604
15,097 20,196
CREDITORS
Amounts falling due within one year 6 314,444 337,705
NET CURRENT LIABILITIES (299,347 ) (317,509 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,069

425,907

CREDITORS
Amounts falling due after more than one
year

7

104,256

109,169
NET ASSETS 339,813 316,738

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 339,812 316,737
339,813 316,738

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

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

MAN & LEE INVESTMENTS LIMITED (REGISTERED NUMBER: 10778154)

BALANCE SHEET - continued
31ST MAY 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 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 14th February 2024 and were signed on its behalf by:





Mrs C S Y Man - Director


MAN & LEE INVESTMENTS LIMITED (REGISTERED NUMBER: 10778154)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Man & Lee Investments 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.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

MAN & LEE INVESTMENTS LIMITED (REGISTERED NUMBER: 10778154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

4. TANGIBLE FIXED ASSETS
Freehold Long
property leasehold Totals
£    £    £   
COST
At 1st June 2022
and 31st May 2023 539,873 203,543 743,416
NET BOOK VALUE
At 31st May 2023 539,873 203,543 743,416
At 31st May 2022 539,873 203,543 743,416

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 13,312 13,312
VAT - 280
13,312 13,592

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,818 5,679
Tax 5,453 4,003
VAT 620 -
Directors' current accounts 297,273 323,343
Accrued expenses 3,000 1,400
Rent prepaid 3,280 3,280
314,444 337,705

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,172 5,716
Bank loans - 2-5 years 18,615 19,650
Bank loans more than 5 years
by instalments 80,469 83,803
104,256 109,169

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 80,469 83,803
80,469 83,803