Lead Ventures Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11150918

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		96		981

			96		981
CURRENT ASSETS
Debtors	5	10,102		-
Cash at bank and in hand		9		10,054

		10,111		10,054
Creditors: Amounts Falling Due Within One Year	6	(3,712 )		(5,625 )

NET CURRENT ASSETS (LIABILITIES)			6,399		4,429

TOTAL ASSETS LESS CURRENT LIABILITIES			6,495		5,410

NET ASSETS			6,495		5,410

CAPITAL AND RESERVES
Called up share capital	8		200		200
Profit and Loss Account			6,295		5,210

SHAREHOLDERS' FUNDS			6,495		5,410

For the year ending 31 January 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Vikas Kashyap

Director

04/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Lead Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11150918 . The registered office is 87 Collins Drive, Earley, Reading, RG6 5AE.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Revenue is recognised for the provision of services as the contractual activity progresses.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Computer Equipment

33% Straight line basis

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained

Earnings, 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 statement of financial position date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 February 2024	2,682

As at 31 January 2025	2,682

Depreciation
As at 1 February 2024	1,701
Provided during the period	885

As at 31 January 2025	2,586

Net Book Value
As at 31 January 2025	96

As at 1 February 2024	981

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Lead Ventures Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,406	-
Other debtors	696	-

	10,102	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	3,712	1,081
Taxation and social security	-	4,544

	3,712	5,625

7. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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 year 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.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr Vikas Kashyap	(818 )	(12,273 )	12,739	-	(352 )

The above loan is unsecured, interest free and repayable on demand.

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