2023-10-01 04531329 2024-04-05 04531329 2023-10-01 2024-04-05 04531329 2023-09-30 04531329 2022-10-01 2023-09-30 04531329 uk-core:WithinOneYear 2023-09-30 04531329 uk-core:WithinOneYear 2024-04-05 04531329 uk-core:InvestmentPropertiesRevaluationReserve 2024-04-05 04531329 uk-core:InvestmentPropertiesRevaluationReserve 2023-09-30 04531329 uk-core:RetainedEarningsAccumulatedLosses 2024-04-05 04531329 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 04531329 uk-bus:Director1 2023-10-01 2024-04-05 iso4217:GBP xbrli:pure 04531329 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-04-05 04531329 uk-bus:FRS102 2023-10-01 2024-04-05 04531329 uk-bus:FullAccounts 2023-10-01 2024-04-05 04531329 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-04-05
Leapgear Ltd
Registered Number:04531329
For the period ended 05 April 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 05 April 2024
Leapgear Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04531329
As at 05 April 2024
Leapgear Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
-
27,000
-
27,000
Current assets
Inventories
21,000
-
2
Trade and other receivables
20,197
1
3
14,769
Cash and cash equivalents
-
1
55,966
Trade and other payables: amounts falling due within one year
(8,354)
-
4
47,612
1
Net current assets
Total assets less current liabilities
1
74,612
1
Net assets
74,612
Capital and reserves
Fair value reserve
(71,344)
-
Retained earnings
71,345
74,612
1
74,612
Shareholders' funds
For the period ended 05 April 2024 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 of its financial statements for the period ended 05 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs G Cottee Director
These financial statements were approved and authorised for issue by the Board on 30 April 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the period ended 05 April 2024
Leapgear Ltd
Notes to the Financial Statements
Statutory Information
Leapgear Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 04531329.
Registered address:
Unit 4 Woodhouse Business Units
Woodhouse Lane Coach Road
Great Horkesley Colchester
Essex
CO6 4BB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Inventories
2023
2024
£
£
Stocks
-
21,000
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
22,133
Other debtors
1
(1,936)
20,197
1
2 of 3
5
For the period ended 05 April 2024
Leapgear Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
-
6,091
Other creditors
-
2,263
-
8,354
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 3)
3 of 3