General Information
Lesla Limited is a private company, limited by shares, registered in England and Wales, registration number 09345690, registration address Unit 14, Princeton Mews, 167 London Road, Kingston Upon Thames, KT2 6PT.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Development expenditures
Research and development expenditure is charged to the income statement in the period in which it is incurred. However, where the directors are satisfied as to the technical, commercial and financial viability of individual projects, development expenditure is deferred and amortised over years during which the company is expected to benefit.
|
| 2. |
Staff Costs
|
2024
£ |
|
2023
£ |
| Wages and salaries |
3,140 |
|
3,512 |
| Social security costs |
516 |
|
0 |
|
3,656 |
|
3,512 |
|
|
|
|
|
Average number of employees during the year
|
Number
|
|
Number
|
| Administration |
2 |
|
2 |
|
2 |
|
2 |
|
| 3. |
Average number of employees
Average number of employees during the year was 2 (2023 : 2).
|
| 4. |
Intangible fixed assets
| Cost |
Other |
|
Total |
| |
£ |
|
£ |
| At 01 January 2024 |
164,195 |
|
164,195 |
| Additions |
82,457 |
|
82,457 |
| Disposals |
- |
|
- |
| At 31 December 2024 |
246,652 |
|
246,652 |
| Amortisation |
| At 01 January 2024 |
30,416 |
|
30,416 |
| Charge for year |
24,665 |
|
24,665 |
| On disposals |
- |
|
- |
| At 31 December 2024 |
55,081 |
|
55,081 |
| Net book values |
| At 31 December 2024 |
191,571 |
|
191,571 |
| At 31 December 2023 |
133,779 |
|
133,779 |
|
| 5. |
Debtors: amounts falling due within one year
|
2024
£ |
|
2023
£ |
| PAYE & Social Security |
37 |
|
0 |
| VAT |
3,477 |
|
277 |
|
3,514 |
|
277 |
|
| 5. |
Debtors: amounts falling due after one year
|
2024
£ |
|
2023
£ |
| Called Up Share Capital Not Paid |
100,000 |
|
100,000 |
|
100,000 |
|
100,000 |
|
| 6. |
Creditors: amount falling due within one year
|
2024
£ |
|
2023
£ |
| Corporation Tax |
2,111 |
|
0 |
| PAYE & Social Security |
0 |
|
2,669 |
| Other Creditors |
(2,930) |
|
(1,146) |
| Wages & Salaries Control Account |
0 |
|
1,053 |
| Directors' Current Accounts |
48,370 |
|
30,000 |
| Directors Current Account 2 |
7,502 |
|
0 |
|
55,053 |
|
32,576 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2024
£ |
|
2023
£ |
| Deferred Grants |
144,790 |
|
117,404 |
|
144,790 |
|
117,404 |
|
| 8. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2024
£ | | 2023
£ | | 2024
£ | | 2023
£ |
|---|
| Lesla Lavita | (1,885) | | 0 | | (2,933) | | (1,148) | | Robotrax Ltd | 0 | | 44,633 | | 0 | | 0 |
|
3
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