Company Registration No. 06673832 (England and Wales)
Lean Journeys Limited
Unaudited accounts
for the year ended 31 August 2024
Lean Journeys Limited
Unaudited accounts
Contents
Lean Journeys Limited
Company Information
for the year ended 31 August 2024
Company Number
06673832 (England and Wales)
Registered Office
71 Woodland Avenue
Wolverhampton
WV6 8ND
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Lean Journeys Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
3
7
Creditors: amounts falling due within one year
(11,982)
(14,897)
Net current (liabilities)/assets
(6,706)
108
Net (liabilities)/assets
(6,706)
108
Called up share capital
100
100
Profit and loss account
(6,806)
8
Shareholders' funds
(6,706)
108
For the year ending 31 August 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 23 May 2025 and were signed on its behalf by
Stuart Roberts
Director
Company Registration No. 06673832
Lean Journeys Limited
Notes to the Accounts
for the year ended 31 August 2024
Lean Journeys Limited is a private company, limited by shares, registered in England and Wales, registration number 06673832. The registered office is 71 Woodland Avenue, Wolverhampton, WV6 8ND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
16,591
82
16,673
At 31 August 2024
16,591
82
16,673
At 1 September 2023
16,591
82
16,673
At 31 August 2024
16,591
82
16,673
Lean Journeys Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,017
12,405
Taxes and social security
-
306
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
50 A Ordinary shares of £1 each
50
50
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).