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REGISTERED NUMBER: 03502957 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COMPLETE LEASING SOLUTIONS LTD

COMPLETE LEASING SOLUTIONS LTD (REGISTERED NUMBER: 03502957)






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


COMPLETE LEASING SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J P Lloyd
I M Hara





SECRETARY: J P Lloyd





REGISTERED OFFICE: 20 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 03502957 (England and Wales)





ACCOUNTANTS: Ashley James Limited
The Coach House
The Square
Sawbridgeworth
Hertfordshire
CM21 9AE

COMPLETE LEASING SOLUTIONS LTD (REGISTERED NUMBER: 03502957)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 511,984 535,505

CURRENT ASSETS
Debtors 5 43,854 88,071
Cash at bank 508,174 560,348
552,028 648,419
CREDITORS
Amounts falling due within one year 6 (307,570 ) (259,210 )
NET CURRENT ASSETS 244,458 389,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,442

924,714

CREDITORS
Amounts falling due after more than one year 7 (88,814 ) (162,664 )
NET ASSETS 667,628 762,050

CAPITAL AND RESERVES
Called up share capital 10,526 10,526
Retained earnings 657,102 751,524
SHAREHOLDERS' FUNDS 667,628 762,050

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 directors acknowledge their 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.

COMPLETE LEASING SOLUTIONS LTD (REGISTERED NUMBER: 03502957)

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 Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by:




I M Hara - Director



J P Lloyd - Director


COMPLETE LEASING SOLUTIONS LTD (REGISTERED NUMBER: 03502957)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Complete Leasing Solutions Ltd 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.
Plant and machinery etc - 25% on reducing balance and 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 16 (2023 - 17 ) .

COMPLETE LEASING SOLUTIONS LTD (REGISTERED NUMBER: 03502957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 444,098 193,861 637,959
DEPRECIATION
At 1 January 2024 - 102,454 102,454
Charge for year - 23,521 23,521
At 31 December 2024 - 125,975 125,975
NET BOOK VALUE
At 31 December 2024 444,098 67,886 511,984
At 31 December 2023 444,098 91,407 535,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 15,552 9,233
Other debtors 28,302 78,838
43,854 88,071

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 50,000 50,000
Hire purchase contracts 23,850 23,850
Trade creditors 810 1,873
Taxation and social security 175,787 133,229
Other creditors 57,123 50,258
307,570 259,210

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans 70,833 120,833
Hire purchase contracts 17,981 41,831
88,814 162,664