Lealec Electrical & Security Services Limited

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

Registered number: 13275986

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		19,415		7,550

			19,415		7,550
CURRENT ASSETS
Debtors	5	30,338		34,470
Cash at bank and in hand		44,914		27,739

		75,252		62,209
Creditors: Amounts Falling Due Within One Year	6	(30,341 )		(27,272 )

NET CURRENT ASSETS (LIABILITIES)			44,911		34,937

TOTAL ASSETS LESS CURRENT LIABILITIES			64,326		42,487

NET ASSETS			64,326		42,487

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			64,226		42,387

SHAREHOLDERS' FUNDS			64,326		42,487

For the year ending 31 March 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 D S Lea

Director

25 September 2025

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

1. General Information

Lealec Electrical & Security Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13275986 . The registered office is Gibson House Hurricane Court, Hurricane Close, Stafford, ST16 1GZ.

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from electrical services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service is provided.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	- Straight line over 4 years
Motor Vehicles	-Straight line over 4 years
Fixtures & Fittings	- straight line over 4 years
Computer Equipment	- straight line over 3 years

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

2.5.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

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

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Lealec Electrical & Security Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	11,675	-	230	4,149	16,054
Additions	150	19,000	-	2,793	21,943

As at 31 March 2025	11,825	19,000	230	6,942	37,997

Depreciation
As at 1 April 2024	5,999	-	172	2,333	8,504
Provided during the period	2,956	4,750	58	2,314	10,078

As at 31 March 2025	8,955	4,750	230	4,647	18,582

Net Book Value
As at 31 March 2025	2,870	14,250	-	2,295	19,415

As at 1 April 2024	5,676	-	58	1,816	7,550

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	9,600
Prepayments and accrued income	200	717
Other debtors	29,854	23,633
VAT	284	520

	30,338	34,470

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	684
Corporation tax	21,960	18,067
Other taxes and social security	-	114
Accruals and deferred income	2,026	1,929
Directors' loan accounts	6,355	6,478

	30,341	27,272

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 100.00 each	100	100

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