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Company Registration No. SC274881 (Scotland)
L & R Leasing Limited Unaudited accounts for the year ended 31 October 2024
L & R Leasing Limited Unaudited accounts Contents
Page
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L & R Leasing Limited Company Information for the year ended 31 October 2024
Directors
Eric Durward Elizabeth Durward Ryan Durward Liam Durward
Secretary
Elizabeth Durward
Company Number
SC274881 (Scotland)
Registered Office
The Steading Thorneybank Rothienorman Inverurie Aberdeenshire AB51 8XU United Kingdom
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L & R Leasing Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,076 
50,076 
Current assets
Cash at bank and in hand
1,842 
1,024 
Creditors: amounts falling due within one year
(37,025)
(36,191)
Net current liabilities
(35,183)
(35,167)
Net assets
14,893 
14,909 
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
14,887 
14,903 
Shareholders' funds
14,893 
14,909 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by
Eric Durward Director Company Registration No. SC274881
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L & R Leasing Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
L & R Leasing Limited is a private company, limited by shares, registered in Scotland, registration number SC274881. The registered office is The Steading, Thorneybank, Rothienorman, Inverurie, Aberdeenshire, AB51 8XU, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
None
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2023
50,076 
At 31 October 2024
50,076 
Depreciation
At 31 October 2024
- 
Net book value
At 31 October 2024
50,076 
At 31 October 2023
50,076 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
815 
Other creditors
33,236 
33,236 
Loans from directors
2,955 
1,359 
Accruals
834 
781 
37,025 
36,191 
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L & R Leasing Limited Notes to the Accounts for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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