REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 |
FOR |
LEESDEL LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 |
FOR |
LEESDEL LIMITED |
LEESDEL LIMITED (REGISTERED NUMBER: 01505671) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
LEESDEL LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 March 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
10 London Mews |
London |
W21HY |
LEESDEL LIMITED (REGISTERED NUMBER: 01505671) |
BALANCE SHEET |
30 March 2024 |
30.3.24 | 30.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
The financial statements were approved by the director and authorised for issue on |
LEESDEL LIMITED (REGISTERED NUMBER: 01505671) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 March 2024 |
1. | STATUTORY INFORMATION |
Leesdel Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
At the balance sheet date the company has a deficiency of assets. The accounts have been prepared on a going concern basis, as the directors are satisfied that the company will continue to receive the support of its loan creditors. |
Turnover |
Turnover represents gross invoiced sales of services, including value added taxes. |
Rendering of services |
Revenue for providing services are recognised when the service has been completed. |
Tangible fixed assets |
Computer equipment | - |
Financial instruments |
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties. |
The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
LEESDEL LIMITED (REGISTERED NUMBER: 01505671) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 March 2024 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 31 March 2023 |
and 30 March 2024 |
DEPRECIATION |
At 31 March 2023 |
and 30 March 2024 |
NET BOOK VALUE |
At 30 March 2024 |
At 30 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.24 | 30.3.23 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.24 | 30.3.23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.3.24 | 30.3.23 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 30 March 2024 and 30 March 2023: |
30.3.24 | 30.3.23 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
LEESDEL LIMITED (REGISTERED NUMBER: 01505671) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 March 2024 |
9. | RELATED PARTY DISCLOSURES |
At the balance sheet date the company owed £19,974 (2023 - £19,974) to Intuition Properties Limited. |
At the balance sheet date the company is owed £522,353 (2023 - 457,692) by Able Property Developments Limited and £41,135 (2023 - £41,135) by Skyhigh Developments Limited. |
The director of the company has interest in these companies. |