REGISTERED NUMBER: 09511523 (England and Wales)

LEASE PARTNERS LTD

Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L J Searson

Dr R W Stone

Mr R R Gonsai

Mr D Shah

REGISTERED OFFICE:

29 Weymouth Street

London

W1G 7DB

REGISTERED NUMBER:

09511523 (England and Wales)

ACCOUNTANT:

MGS CONSULTING

Chartered Certified Accountant & Business Adviser

111 College Hill Road

Harrow

Middlesex

HA3 7BT

FIXED ASSETS

Tangible assets

4

34,543

41,254

CURRENT ASSETS

Debtors

5

214,085

214,085

Cash at bank

57,284

121,334

271,369

335,419

CREDITORS

Amounts falling due within one year

6

429,276

452,354

NET CURRENT LIABILITIES

(157,907

)

(116,935

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(123,364

)

(75,681

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

(124,364

)

(76,681

)

SHAREHOLDERS' FUNDS

(123,364

)

(75,681

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 23 May 2025 and were signed on its behalf by:

Mr L J Searson - Director

Dr R W Stone - Director

Mr R R Gonsai - Director

Mr D Shah - Director

1.	STATUTORY INFORMATION

LEASE PARTNERS 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

71,670

47,070

6,007

124,747

DEPRECIATION

At 1 April 2024

43,002

34,936

5,555

83,493

Charge for year

4,778

1,820

113

6,711

At 31 March 2025

47,780

36,756

5,668

90,204

NET BOOK VALUE

At 31 March 2025

23,890

10,314

339

34,543

At 31 March 2024

28,668

12,134

452

41,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Prepayments and accrued income

214,085

214,085

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

302,929

325,374

Social security and other taxes

-

324

Directors' current accounts

124,747

124,747

Accrued expenses

1,600

1,909

429,276

452,354

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 April 2024

(76,681

)

Deficit for the year

(47,683

)

At 31 March 2025

(124,364

)

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr L J Searson

Balance outstanding at start of year

-

31,188

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Dr R W Stone

Balance outstanding at start of year

-

31,187

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mr R R Gonsai

Balance outstanding at start of year

-

31,187

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mr D Shah

Balance outstanding at start of year

-

31,187

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-