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REGISTERED NUMBER: 06580479 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MICHAEL LEE ARCHITECTS LIMITED

MICHAEL LEE ARCHITECTS LIMITED (REGISTERED NUMBER: 06580479)

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


MICHAEL LEE ARCHITECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 April 2024







DIRECTOR: M I R Lee





SECRETARY: Mrs L J Lee





REGISTERED OFFICE: Longwood House Churt Road
Churt
Farnham
Surrey
GU10 2NX





REGISTERED NUMBER: 06580479 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

MICHAEL LEE ARCHITECTS LIMITED (REGISTERED NUMBER: 06580479)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,503 67,080

CURRENT ASSETS
Debtors 5 77,558 35,929
Cash at bank 41,038 39,837
118,596 75,766
CREDITORS
Amounts falling due within one year 6 118,230 95,204
NET CURRENT ASSETS/(LIABILITIES) 366 (19,438 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,869

47,642

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 68,867 47,640
68,869 47,642

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.

MICHAEL LEE ARCHITECTS LIMITED (REGISTERED NUMBER: 06580479)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





M I R Lee - Director


MICHAEL LEE ARCHITECTS LIMITED (REGISTERED NUMBER: 06580479)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2024


1. STATUTORY INFORMATION

Michael Lee Architects 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.

Turnover
Turnover represents net invoiced sales of services and disbursements, excluding value added tax.

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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

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 NIL (2023 - 2 ).

MICHAEL LEE ARCHITECTS LIMITED (REGISTERED NUMBER: 06580479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 April 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 76,588 60,602 137,190
Additions - 7,923 7,923
At 30 April 2024 76,588 68,525 145,113
DEPRECIATION
At 1 May 2023 20,716 49,394 70,110
Charge for year - 6,500 6,500
At 30 April 2024 20,716 55,894 76,610
NET BOOK VALUE
At 30 April 2024 55,872 12,631 68,503
At 30 April 2023 55,872 11,208 67,080

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,566 28,284
Amounts owed by group undertakings - 3,254
Other debtors 64,992 4,391
77,558 35,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,899 644
Taxation and social security 48,920 32,928
Other creditors 55,411 61,632
118,230 95,204