IRIS Accounts Production v25.1.4.42 15208583 Board of Directors Board of Directors 13.10.23 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh152085832023-10-12152085832025-01-31152085832023-10-132025-01-31152085832023-10-1215208583ns15:EnglandWales2023-10-132025-01-3115208583ns14:PoundSterling2023-10-132025-01-3115208583ns10:Director12023-10-132025-01-3115208583ns10:Director22023-10-132025-01-3115208583ns10:PrivateLimitedCompanyLtd2023-10-132025-01-3115208583ns10:SmallEntities2023-10-132025-01-3115208583ns10:AuditExempt-NoAccountantsReport2023-10-132025-01-3115208583ns10:SmallCompaniesRegimeForDirectorsReport2023-10-132025-01-3115208583ns10:SmallCompaniesRegimeForAccounts2023-10-132025-01-3115208583ns10:FullAccounts2023-10-132025-01-3115208583ns10:OrdinaryShareClass12023-10-132025-01-3115208583ns5:CurrentFinancialInstruments2025-01-3115208583ns5:Non-currentFinancialInstruments2025-01-3115208583ns5:ShareCapital2025-01-3115208583ns5:RetainedEarningsAccumulatedLosses2025-01-3115208583ns10:RegisteredOffice2023-10-132025-01-3115208583ns10:OrdinaryShareClass12025-01-3115208583ns5:RetainedEarningsAccumulatedLosses2023-10-132025-01-31
REGISTERED NUMBER: 15208583 (England and Wales)

















5AB LEASING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

13 OCTOBER 2023 TO 31 JANUARY 2025






5AB LEASING LIMITED (REGISTERED NUMBER: 15208583)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 OCTOBER 2023 TO 31 JANUARY 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


5AB LEASING LIMITED (REGISTERED NUMBER: 15208583)

BALANCE SHEET
31 JANUARY 2025

Notes £   
CURRENT ASSETS
Cash at bank 293,199

CREDITORS
Amounts falling due within one year 4 67,554
NET CURRENT ASSETS 225,645
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,645

CREDITORS
Amounts falling due after more than one
year

5

30,534
NET ASSETS 195,111

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 7 195,011
SHAREHOLDERS' FUNDS 195,111

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:



S S Kalirai - Director



S S Theara - Director


5AB LEASING LIMITED (REGISTERED NUMBER: 15208583)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 OCTOBER 2023 TO 31 JANUARY 2025

1. STATUTORY INFORMATION

5AB Leasing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15208583

Registered office: Devonshire Business Centre
Unit 27 Works Road
Letchworth Garden City
Hertfordshire
SG6 1GJ

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.

Going Concern
The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

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

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


5AB LEASING LIMITED (REGISTERED NUMBER: 15208583)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 OCTOBER 2023 TO 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 65,804
Other creditors 1,750
67,554

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Amounts owed to group undertakings 30,534

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

5AB LEASING LIMITED (REGISTERED NUMBER: 15208583)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 OCTOBER 2023 TO 31 JANUARY 2025

7. RESERVES
Retained
earnings
£   

Profit for the period 195,011
At 31 January 2025 195,011

8. ULTIMATE CONTROLLING PARTY

Parent Company
5AB Holdings Limited is regarded by the directors as being the ultimate parent company.

Ultimate Controlling Party
S Theara and S Kalirai jointly control the parent company.

5AB Holdings Limited prepares financial statements and they can be obtained from the following address:

Devonshire Business Centre
Unit 27 Works Road
Letchworth Garden City
Hertfordshire
SG6 1GJ