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REGISTERED NUMBER: 10224371 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Lealt Energy Limited

Lealt Energy Limited (Registered number: 10224371)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lealt Energy Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: I K McNeill





REGISTERED OFFICE: 9 South Side
Stamford Brook
London
W6 0XY





REGISTERED NUMBER: 10224371 (England and Wales)





ACCOUNTANTS: Humm Accountancy Services Limited
19 Bowood Road
London
SW11 6PE

Lealt Energy Limited (Registered number: 10224371)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,185 862
Investments 5 78,271 78,271
79,456 79,133

CURRENT ASSETS
Debtors 6 9,000 9,000
Cash at bank 38,590 123,097
47,590 132,097
CREDITORS
Amounts falling due within one year 7 5,052 6,256
NET CURRENT ASSETS 42,538 125,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,994

204,974

Lealt Energy Limited (Registered number: 10224371)

Balance Sheet - continued
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 121,993 204,973
121,994 204,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2024 and were signed by:





I K McNeill - Director


Lealt Energy Limited (Registered number: 10224371)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lealt Energy 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 as modified by the revaluation of certain assets.

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.

Computer equipment: 33.3%

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Lealt Energy Limited (Registered number: 10224371)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,546
Additions 848
At 31 March 2024 4,394
DEPRECIATION
At 1 April 2023 2,684
Charge for year 525
At 31 March 2024 3,209
NET BOOK VALUE
At 31 March 2024 1,185
At 31 March 2023 862

5. FIXED ASSET INVESTMENTS
Other
investmen
£   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 78,271
NET BOOK VALUE
At 31 March 2024 78,271
At 31 March 2023 78,271

Cost or valuation at 31 March 2024 is represented by:

Other
investmen
£   
Valuation in 2024 78,271

Lealt Energy Limited (Registered number: 10224371)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS - continued

13,322 B Ordinary Shares are held in Blue International Holdings Limited. The subscription price was USD8.00 per share; this was revalued at USD15.00 per share at 31 March 2022, then revalued back to cost at 31 March 2023. No change in valuation has been recorded in this accounting period.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 9,000 9,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors - 661
Taxation and social security 1,460 1,560
Other creditors 3,592 4,035
5,052 6,256

8. ULTIMATE CONTROLLING PARTY

The controlling party is I K McNeill.