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REGISTERED NUMBER: 06347734 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Leading Edge Coaching Limited

Leading Edge Coaching Limited (Registered number: 06347734)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leading Edge Coaching Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr P Marr





REGISTERED OFFICE: 102A Warwick Street
Leamington Spa
Warwickshire
CV32 4QP





REGISTERED NUMBER: 06347734 (England and Wales)





ACCOUNTANTS: Abrahamson Foster Limited
The Atkins Building
Lower Bond Street
Hinckley
Leicestershire
LE10 1QU

Leading Edge Coaching Limited (Registered number: 06347734)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,219 6,307

CURRENT ASSETS
Debtors 5 602,285 619,934
Cash at bank and in hand 71,389 11,091
673,674 631,025
CREDITORS
Amounts falling due within one year 6 665,007 569,194
NET CURRENT ASSETS 8,667 61,831
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,886

68,138

CREDITORS
Amounts falling due after more than one
year

7

(10,000

)

(30,000

)

PROVISIONS FOR LIABILITIES (1,805 ) (1,261 )

ACCRUALS AND DEFERRED INCOME (3,600 ) -
NET ASSETS 481 36,877

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 281 36,677
SHAREHOLDERS' FUNDS 481 36,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Leading Edge Coaching Limited (Registered number: 06347734)

Balance Sheet - continued
31 December 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 17 April 2025 and were signed by:





Mr P Marr - Director


Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Leading Edge Coaching 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 25% 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 14 (2023 - 11 ) .

Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 27,615 53,979 81,594
Additions - 5,397 5,397
At 31 December 2024 27,615 59,376 86,991
DEPRECIATION
At 1 January 2024 26,307 48,980 75,287
Charge for year 654 3,831 4,485
At 31 December 2024 26,961 52,811 79,772
NET BOOK VALUE
At 31 December 2024 654 6,565 7,219
At 31 December 2023 1,308 4,999 6,307

5. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 316,361 354,007
Directors' loan accounts 273,272 251,336
Prepayments 12,652 6,866
602,285 612,209

Amounts falling due after more than one year:
Amounts owed by group undertakings - 7,725

Aggregate amounts 602,285 619,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 62,000 104,852
Trade creditors 109,131 96,271
Tax 208,519 176,044
Social security and other taxes 151,429 40,282
VAT 124,835 146,593
Other creditors 9,093 5,152
665,007 569,194

Leading Edge Coaching Limited (Registered number: 06347734)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 2-5 years 10,000 30,000

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
Mr P Marr
Balance outstanding at start of year 251,336 198,788
Amounts advanced 266,500 383,661
Amounts repaid (244,564 ) (331,113 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 273,272 251,336

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr P Marr and Mrs E Marr, who together own 94% of the issued share capital.