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
LEAP LABORATORIES LTD
Company Information
for the period from 23 February 2023 to 29 February 2024
Company Number
14684701 (England and Wales)
Registered Office
FLAT 1 142 FORTESS ROAD
LONDON
NW5 2HP
UNITED KINGDOM
LEAP LABORATORIES LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
5,325
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
LEAP LABORATORIES LTD
Notes to the Accounts
for the period from 23 February 2023 to 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
LEAP LABORATORIES LTD
Notes to the Accounts
for the period from 23 February 2023 to 29 February 2024
Amounts falling due within one year
6
Average number of employees
During the period the average number of employees was 3.