LIME LEASING LIMITED

Company Registration Number:
10721763 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

LIME LEASING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

LIME LEASING LIMITED

Company Information

for the Period Ended 30 April 2024




Director: Matthew Steadman
Registered office: 8 Bangor Road
Conwy
Conwy
GBR
LL32 8BT
Company Registration Number: 10721763 (England and Wales)

LIME LEASING LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 2,150 0
Tangible assets: 5 3,083,617 2,240,862
Total fixed assets: 3,085,767 2,240,862
Current assets
Stocks: 119,901 27,750
Debtors: 134,966 63,227
Cash at bank and in hand: 16,644 79,982
Total current assets: 271,511 170,959
Creditors: amounts falling due within one year: ( 629,096 ) ( 301,651 )
Net current assets (liabilities): ( 357,585 ) ( 130,692 )
Total assets less current liabilities: 2,728,182 2,110,170
Creditors: amounts falling due after more than one year: ( 1,995,092 ) ( 1,509,796 )
Total net assets (liabilities): 733,090 600,374

The notes form part of these financial statements

LIME LEASING LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100,000 100,000
Revaluation reserve: 6 112,194 156,000
Profit and loss account: 520,896 344,374
Shareholders funds: 733,090 600,374

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 June 2024
And Signed On Behalf Of The Board By:

Name: Matthew Steadman
Status: Director

The notes form part of these financial statements

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is from broker fees, commissions and rental income from contract hire agreements recognised when the fees, commissions and rentals become payable.

    Tangible fixed assets depreciation policy

    Depreciation is recognised so as to write off the cost of assets over their useful lives. Periodic valuations are used to measure the depreciation charges to the profit and loss.

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 1

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 May 2023 0
    Additions 2,150
    Disposals -
    Revaluations -
    Transfers -
    At 30 April 2024 2,150
    Amortisation
    Amortisation at 01 May 2023 0
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 30 April 2024 0
    Net book value
    Net book value at 30 April 2024 2,150
    Net book value at 30 April 2023 0

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible Assets

Total
Cost £
At 01 May 2023 2,242,238
Additions 1,233,481
Disposals (345,438)
Revaluations (43,806)
Transfers -
At 30 April 2024 3,086,475
Depreciation
At 01 May 2023 1,376
Charge for year 1,482
On disposals -
Other adjustments -
At 30 April 2024 2,858
Net book value
At 30 April 2024 3,083,617
At 30 April 2023 2,240,862

LIME LEASING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Revaluation reserve


2024
£
Balance at 01 May 2023 156,000
Surplus or deficit after revaluation ( 43,806 )
Balance at 30 April 2024 112,194