REGISTERED NUMBER: 13237803 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NUMUS FINANCE & LEASING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J D Furniss

D G Furniss

Registered office:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

Registered number:

13237803 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Fixed assets

Tangible assets

4

2,089

2,081

Current assets

Debtors

5

38,254

55,370

Cash at bank

30,885

60,601

69,139

115,971

Creditors

Amounts falling due within one year

6

(60,831

)

(70,125

)

Net current assets

8,308

45,846

Total assets less current liabilities

10,397

47,927

Capital and reserves

Called up share capital

8

12

12

Retained earnings

10,385

47,915

Shareholders' funds

10,397

47,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

J D Furniss - Director

1.	STATUTORY INFORMATION

Numus Finance & Leasing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

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 balance sheet date.

Deferred tax

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

Cost

At 1 January 2024

2,727

Additions

530

At 31 December 2024

3,257

Depreciation

At 1 January 2024

646

Charge for year

522

At 31 December 2024

1,168

Net book value

At 31 December 2024

2,089

At 31 December 2023

2,081

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

765

4,019

Other debtors

2,020

1,850

Directors' current accounts

34,846

49,480

Prepayments and accrued income

623

21

38,254

55,370

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Tax

41,508

55,018

Other creditors

16,773

11,050

Accruals and deferred income

2,550

2,500

Directors' current accounts

-

1,557

60,831

70,125

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

6,941

3,375

Between one and five years

9,255

-

16,196

3,375

During the year the company entered a contract hire of 30 months for a Tesla Model 3 Saloon Auto RWD.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4

Ordinary A

£1

4

4

4

Ordinary B

£1

4

4

2

Ordinary C

£1

2

2

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

12

12

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

J D Furniss

Balance outstanding at start of year

49,480

33,976

Amounts advanced

35,225

106,480

Amounts repaid

(50,000

)

(90,976

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,705

49,480

D Ward

Balance outstanding at start of year

-

41,715

Amounts advanced

-

2,134

Amounts repaid

-

(43,849

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

D G Furniss

Balance outstanding at start of year

(1,557

)

-

Amounts advanced

92,141

104,439

Amounts repaid

(90,443

)

(105,996

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

141

(1,557

)

Interest has been charged on overdrawn loan accounts at the HMRC official rate of interest (2.25%)