Company Registration No. 09628934 (England and Wales)
DLEC Ltd
Unaudited accounts
for the year ended 30 June 2024
DLEC Ltd
Unaudited accounts
Contents
DLEC Ltd
Company Information
for the year ended 30 June 2024
Directors
David Leach
Charlotte Hayward-Leach
Company Number
09628934 (England and Wales)
Registered Office
85 Great Portland Street
First Floor
London
W1W 7LT
ENGLAND
Accountants
Swash & Co
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF
DLEC Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
18,844
27,353
Cash at bank and in hand
15,216
42,493
Creditors: amounts falling due within one year
(22,110)
(28,348)
Net current assets
135,556
147,655
Net assets
154,400
175,008
Called up share capital
4
4
Profit and loss account
154,396
175,004
Shareholders' funds
154,400
175,008
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 the year 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by
David Leach
Director
Company Registration No. 09628934
DLEC Ltd
Notes to the Accounts
for the year ended 30 June 2024
DLEC Ltd is a private company, limited by shares, registered in England and Wales, registration number 09628934. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Total
DLEC Ltd
Notes to the Accounts
for the year ended 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
13
40,130
312
39,831
Loan to director
(1,965)
40,130
312
37,853
A loan of £40,000 was issued during the year to D Leach and interest was charged on the loan at a rate of 2.25% for the period that the loan was outstanding. All the the loan was repaid within 9 months of the year end.
A loan of £40,000 was issued during the year to C Leach and interest was charged on the loan at a rate of 2.25% for the period that the loan was outstanding. All the the loan was repaid within 9 months of the year end.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).