Alcock Lees Partnership Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06211723

Alcock Lees Partnership Limited

Unaudited financial statements

30 June 2025

Alcock Lees Partnership Limited

Statement of financial position

30 June 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	1,474	1,734
Tangible assets	6	61,860	77,254
		-------	-------
		63,334	78,988

Current assets

Debtors	7	525,310	376,973
Cash at bank and in hand		248,646	176,601
		---------	---------
		773,956	553,574

Creditors: Amounts falling due within one year	8	( 269,484)		( 186,173)
		---------		---------
Net current assets			504,472		367,401
			---------		---------
Total assets less current liabilities			567,806		446,389

Creditors: Amounts falling due after more than one year	9		–		( 40,134)

Provisions

Taxation including deferred tax	( 11,003)	( 14,599)
	---------	---------
Net assets	556,803	391,656
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	556,703	391,556
	---------	---------
Shareholders funds	556,803	391,656
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Alcock Lees Partnership Limited

Statement of financial position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:

T Shakespeare

Director

Company registration number: 06211723

Alcock Lees Partnership Limited

Notes to the financial statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, Norfolk, NR7 0LB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Computer software	-	15% reducing balance

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

The liabilities included in the accounts in respect of finance leases/hire purchases contracts are secured upon the assets to which they relate.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

4. Average number of employees

The average number of employees during the year was 11 (2024: 11 ).

5. Intangible assets

	Computer software
	£
Cost
At 1 July 2024 and 30 June 2025	4,556
	------
Amortisation
At 1 July 2024	2,822
Charge for the year	260
	------
At 30 June 2025	3,082
	------
Carrying amount
At 30 June 2025	1,474
	------
At 30 June 2024	1,734
	------

6. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 July 2024	68,152	116,399	184,551
Additions	1,882	–	1,882
	-------	---------	---------
At 30 June 2025	70,034	116,399	186,433
	-------	---------	---------
Depreciation
At 1 July 2024	45,888	61,409	107,297
Charge for the year	3,528	13,748	17,276
	-------	---------	---------
At 30 June 2025	49,416	75,157	124,573
	-------	---------	---------
Carrying amount
At 30 June 2025	20,618	41,242	61,860
	-------	---------	---------
At 30 June 2024	22,264	54,990	77,254
	-------	---------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 June 2025	31,535
	-------
At 30 June 2024	42,047
	-------

7. Debtors

	2025	2024
	£	£
Trade debtors	158,694	160,853
Amounts owed by group undertakings and undertakings in which the company has a participating interest	339,915	186,760
Other debtors	26,701	29,360
	---------	---------
	525,310	376,973
	---------	---------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,697	4,493
Social security and other taxes	187,905	162,187
Other creditors	31,958	694
Other creditors	45,924	18,799
	---------	---------
	269,484	186,173
	---------	---------

Liabilities in respect of hire purchase/finance lease agreements are secured upon the assets to which they relate.

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	–	40,134
	----	-------

Liabilities in respect of hire purchase/finance lease agreements are secured upon the assets to which they relate.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	16,000	7,000
Later than 1 year and not later than 5 years	25,333	–
	-------	------
	41,333	7,000
	-------	------