Company Registration No. 06140945 (England and Wales)
Leverage Financial Solutions Limited
Filleted accounts
for the year ended 28 February 2025
Leverage Financial Solutions Limited
Filleted accounts
Contents
Leverage Financial Solutions Limited
Company Information
for the year ended 28 February 2025
Director
Matthew Robert Scott
Company Number
06140945 (England and Wales)
Registered Office
199 Richmond Road
Kingston upon Thames
Surrey
KT2 5DD
England
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Leverage Financial Solutions Limited
Statement of financial position
as at 28 February 2025
Investments
1,400,000
1,431,508
Cash at bank and in hand
129,087
45,428
Creditors: amounts falling due within one year
(33,336)
(21,183)
Net current assets
1,576,076
1,533,935
Total assets less current liabilities
1,576,076
1,533,935
Creditors: amounts falling due after more than one year
(911,870)
(911,870)
Net assets
664,206
622,065
Called up share capital
15
15
Profit and loss account
664,191
622,050
Shareholders' funds
664,206
622,065
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 21 July 2025 and were signed on its behalf by
Matthew Robert Scott
Director
Company Registration No. 06140945
Leverage Financial Solutions Limited
Notes to the Accounts
for the year ended 28 February 2025
Leverage Financial Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 06140945. The registered office is 199 Richmond Road, Kingston upon Thames, Surrey, KT2 5DD, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investments in shares are included at fair value.
Amounts falling due within one year
Trade debtors
9,746
11,182
Accrued income and prepayments
70,579
67,000
5
Investments held as current assets
2025
2024
Unlisted investments
1,400,000
1,431,508
Leverage Financial Solutions Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
12,643
8,746
Other creditors
19,693
11,793
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
397,000
397,000
Loans from directors
514,870
514,870
Allotted, called up and fully paid:
15 Ordinary shares of £1 each
15
15
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).