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REGISTERED NUMBER: 03090204 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Lea Consultancy Services Limited

Lea Consultancy Services Limited (Registered number: 03090204)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Lea Consultancy Services Limited

Company Information
for the year ended 30 April 2024







DIRECTOR: S C Amison





SECRETARY: Mrs H C Amison





REGISTERED OFFICE: 2 Hall Drive
Willaston
Nantwich
Cheshire
CW5 6NA





REGISTERED NUMBER: 03090204 (England and Wales)






Lea Consultancy Services Limited (Registered number: 03090204)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 273 364
Investments 6 2 2
275 366

CURRENT ASSETS
Debtors 7 230,303 215,956
Cash at bank 34,338 16,202
264,641 232,158
CREDITORS
Amounts falling due within one year 8 (30,088 ) (9,774 )
NET CURRENT ASSETS 234,553 222,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,828

222,750

PROVISIONS FOR LIABILITIES 9 (15 ) (68 )
NET ASSETS 234,813 222,682

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 234,811 222,680
SHAREHOLDERS' FUNDS 234,813 222,682

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Lea Consultancy Services Limited (Registered number: 03090204)

Statement of Financial Position - continued
30 April 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2024 and were signed by:





S C Amison - Director


Lea Consultancy Services Limited (Registered number: 03090204)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Lea Consultancy Services Limited ('The Company') is primarily engaged in consultancy.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is 2 Hall Drive, Willaston, Nantwich, Cheshire, CW5 6NA. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director therefore the director considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when services have been delivered to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% straight line

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost 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 the Statement of Comprehensive Income and Retained Earnings.


Lea Consultancy Services Limited (Registered number: 03090204)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 year end.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year end.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset maybe impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

Fixed asset investments
Fixed asset investments are shown at fair value and changes to fair value in the year are shown within the Statement of Comprehensive Income.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Lea Consultancy Services Limited (Registered number: 03090204)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 1,478 4,175 5,653
DEPRECIATION
At 1 May 2023 1,114 4,175 5,289
Charge for year 91 - 91
At 30 April 2024 1,205 4,175 5,380
NET BOOK VALUE
At 30 April 2024 273 - 273
At 30 April 2023 364 - 364

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 2
NET BOOK VALUE
At 30 April 2024 2
At 30 April 2023 2

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,600 -
Amounts owed by group undertakings 213,099 212,000
Other debtors 1,500 1,500
Tax - 2,292
VAT - 164
Prepayments 104 -
230,303 215,956

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 24 24
Tax 10,220 -
VAT 7,664 -
Director's loan account 11,373 8,980
Accrued expenses 807 770
30,088 9,774

Lea Consultancy Services Limited (Registered number: 03090204)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 15 68

Deferred
tax
£   
Balance at 1 May 2023 68
Provided during year (53 )
Balance at 30 April 2024 15

10. RELATED PARTY DISCLOSURES

The company has a controlling interest in KVA Properties Limited.

Included in debtors: amounts falling due within one year are amounts due from KVA Properties Limited of £213,900 (2023 : £212,000).

The company will not take measures to collect the amounts due from its subsidiary until such time that funds are available in that company to make repayments. Included within other debtors is a loan balance of £1,500 (2023: £1,500) due from the company secretary.