23 February 2023 false No description of principal activity Taxfiler 2024.5 14684701business:PrivateLimitedCompanyLtd2023-02-232024-02-29 146847012023-02-22 146847012023-02-232024-02-29 14684701business:AuditExempt-NoAccountantsReport2023-02-232024-02-29 14684701business:FilletedAccounts2023-02-232024-02-29 146847012024-02-29 14684701business:Director12023-02-232024-02-29 14684701business:RegisteredOffice2023-02-232024-02-29 14684701core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14684701core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14684701core:PreviouslyStatedAmount2024-02-29 14684701business:SmallEntities2023-02-232024-02-29 14684701countries:EnglandWales2023-02-232024-02-29 14684701core:ComputerEquipment2023-02-232024-02-29 14684701core:ComputerEquipment2023-02-22 14684701core:ComputerEquipment2024-02-29 14684701core:WithinOneYear2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14684701 (England and Wales)
LEAP LABORATORIES LTD Unaudited accounts for the period from 23 February 2023 to 29 February 2024
LEAP LABORATORIES LTD Unaudited accounts Contents
Page
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LEAP LABORATORIES LTD Company Information for the period from 23 February 2023 to 29 February 2024
Director
Jessica Rumbelow
Company Number
14684701 (England and Wales)
Registered Office
FLAT 1 142 FORTESS ROAD LONDON NW5 2HP UNITED KINGDOM
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LEAP LABORATORIES LTD Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4,797 
Current assets
Debtors
11,908 
Cash at bank and in hand
5,325 
17,233 
Net current assets
17,233 
Net assets
22,030 
Capital and reserves
Called up share capital
100 
Profit and loss account
21,930 
Shareholders' funds
22,030 
For the period ending 29 February 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2024 and were signed on its behalf by
Jessica Rumbelow Director Company Registration No. 14684701
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LEAP LABORATORIES LTD Notes to the Accounts for the period from 23 February 2023 to 29 February 2024
1
Statutory information
LEAP LABORATORIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14684701. The registered office is FLAT 1 142 FORTESS ROAD, LONDON, NW5 2HP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 23 February 2023
- 
Additions
5,390 
At 29 February 2024
5,390 
Depreciation
Charge for the period
593 
At 29 February 2024
593 
Net book value
At 29 February 2024
4,797 
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LEAP LABORATORIES LTD Notes to the Accounts for the period from 23 February 2023 to 29 February 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
1,233 
Other debtors
10,675 
11,908 
6
Average number of employees
During the period the average number of employees was 3.
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