Registered number
08050498
Connected Leadership Limited
Filleted Accounts
31 December 2024
Connected Leadership Limited
Registered number: 08050498
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,968 2,629
Current assets
Debtors 4 211,349 182,300
Cash at bank and in hand 11,553 2,675
222,902 184,975
Creditors: amounts falling due within one year 5 (116,931) (75,827)
Net current assets 105,971 109,148
Net assets 107,939 111,777
Capital and reserves
Called up share capital 2 2
Profit and loss account 107,937 111,775
Shareholders' funds 107,939 111,777
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Paul Jackson
Director
Approved by the board on 3 June 2025
Connected Leadership Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 3,470
At 31 December 2024 3,470
Depreciation
At 1 January 2024 841
Charge for the year 661
At 31 December 2024 1,502
Net book value
At 31 December 2024 1,968
At 31 December 2023 2,629
4 Debtors 2024 2023
£ £
Trade debtors 977 527
Other debtors 210,372 181,773
211,349 182,300
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 5,150 170
Directors' loan account 90,090 55,678
Accrued expenses 14,070 14,430
Taxation and social security costs 6,081 4,549
Other creditors 1,540 1,000
116,931 75,827
6 Related party transactions
Within other debtors, there is a balance of £210,372 (2024: £181,773) due from Slad Brook Limited, a company registered in England & Wales. The Directors of the company are also the directors of Slad Brook Limited.
7 Other information
Connected Leadership Limited is a private company limited by shares and incorporated in England. Its registered office is:
Stroud Slad Farm Slad Lane
The Vatch
Stroud
Gloucestershire
GL6 7LE
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