Registered number
09388033
Lee F Solutions Ltd
Unaudited Filleted Accounts
28 February 2025
Lee F Solutions Ltd
Registered number: 09388033
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 - 391
Current assets
Debtors 4 12,684 15,310
Cash at bank and in hand 4,984 6,677
17,668 21,987
Creditors: amounts falling due within one year 5 (15,156) (14,924)
Net current assets 2,512 7,063
Total assets less current liabilities 2,512 7,454
Creditors: amounts falling due after more than one year 6 - (7,000)
Net assets 2,512 454
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,412 354
Shareholders' funds 2,512 454
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Lee Finnegan
Director
Approved by the board on 14 March 2025
Lee F Solutions Ltd
Notes to the Accounts
for the period from 1 February 2024 to 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 33% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Equipment etc
£
Cost
At 1 February 2024 5,102
Disposals (5,102)
At 28 February 2025 -
Depreciation
At 1 February 2024 4,711
Charge for the period 391
On disposals (5,102)
At 28 February 2025 -
Net book value
At 28 February 2025 -
At 31 January 2024 391
4 Debtors 2025 2024
£ £
Trade debtors 2,703 2,374
Other debtors 9,981 12,936
12,684 15,310
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts - 4,000
Taxation and social security costs 14,355 10,238
Other creditors 801 686
15,156 14,924
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans - 7,000
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr L Finnegan
Director Loan 1 9,870 9,981 (9,870) 9,981
9,870 9,981 (9,870) 9,981
8 Controlling party
At the Balance Sheet date, Mr Lee Finnegan and Mrs Zena Finnegan are the controlling parties by virtue of their shareholding.
9 Other information
Lee F Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
367 Chester Road
Little Sutton
Ellesmere Port
Cheshire
CH66 3RQ
Lee F Solutions Ltd 09388033 false 2024-02-01 2025-02-28 2025-02-28 VT Final Accounts July 2024 Mr Lee Finnegan No description of principal activity 09388033 2023-02-01 2024-01-31 09388033 core:WithinOneYear 2024-01-31 09388033 core:AfterOneYear 2024-01-31 09388033 core:ShareCapital 2024-01-31 09388033 core:RetainedEarningsAccumulatedLosses 2024-01-31 09388033 2024-02-01 2025-02-28 09388033 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-02-28 09388033 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-02-28 09388033 bus:Director40 2024-02-01 2025-02-28 09388033 1 2024-02-01 2025-02-28 09388033 2 2024-02-01 2025-02-28 09388033 core:PlantMachinery 2024-02-01 2025-02-28 09388033 bus:Director1 2024-02-01 2025-02-28 09388033 bus:Director1 1 2024-02-01 2025-02-28 09388033 countries:England 2024-02-01 2025-02-28 09388033 bus:FRS102 2024-02-01 2025-02-28 09388033 bus:FilletedAccounts 2024-02-01 2025-02-28 09388033 2025-02-28 09388033 core:WithinOneYear 2025-02-28 09388033 core:AfterOneYear 2025-02-28 09388033 core:ShareCapital 2025-02-28 09388033 core:RetainedEarningsAccumulatedLosses 2025-02-28 09388033 core:PlantMachinery 2025-02-28 09388033 bus:Director1 1 2025-02-28 09388033 2024-01-31 09388033 core:PlantMachinery 2024-01-31 09388033 bus:Director1 1 2024-01-31 iso4217:GBP xbrli:pure