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REGISTERED NUMBER: 08467586 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

K L Lee Financial Services Ltd

K L Lee Financial Services Ltd (Registered number: 08467586)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K L Lee Financial Services Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Miss K L Lee





REGISTERED OFFICE: Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ





REGISTERED NUMBER: 08467586 (England and Wales)





ACCOUNTANTS: Nolan James Ltd
Chartered Accountants
Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

K L Lee Financial Services Ltd (Registered number: 08467586)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 294 392

CURRENT ASSETS
Debtors 5 59,637 38,090
Cash at bank 5,574 21,619
65,211 59,709
CREDITORS
Amounts falling due within one year 6 46,696 33,791
NET CURRENT ASSETS 18,515 25,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,809

26,310

CREDITORS
Amounts falling due after more than one
year

7

18,797

26,303
NET ASSETS 12 7

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 11 6
12 7

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 her 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.

K L Lee Financial Services Ltd (Registered number: 08467586)

Balance Sheet - 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2025 and were signed by:





Miss K L Lee - Director


K L Lee Financial Services Ltd (Registered number: 08467586)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

K L Lee Financial Services Ltd 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.

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 it's estimated useful life.

Computer Equipment - 33% on cost
Fixture and Fittings - 25% Reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 3,372
DEPRECIATION
At 1 May 2023 2,980
Charge for year 98
At 30 April 2024 3,078
NET BOOK VALUE
At 30 April 2024 294
At 30 April 2023 392

K L Lee Financial Services Ltd (Registered number: 08467586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 59,637 38,090

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 20,355 14,850
Trade creditors 523 488
Taxation and social security 24,176 16,914
Other creditors 1,642 1,539
46,696 33,791

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 18,797 26,303

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
Miss K L Lee
Balance outstanding at start of year 30,790 22,460
Amounts advanced 18,736 8,330
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 49,526 30,790