Leap Training and Support UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09371613 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

LEAP TRAINING AND SUPPORT UK LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mr D C Millington

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Manchester

M44 5XD

REGISTERED NUMBER:

09371613 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

BANKERS:

Santander

Bootle

Merseyside

L30 4GB

The director presents his report with the financial statements of the company for the year ended 31 January 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the provision of training services.

DIRECTOR

Mr D C Millington held office during the whole of the period from 1 February 2024 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.1.25

1.2.24

Ordinary shares of £1.00 each

1

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr D C Millington - Director

2 April 2025

FIXED ASSETS

Tangible assets

4

103

348

CURRENT ASSETS

Debtors

5

33,160

47,793

Cash at bank

8,430

25,858

41,590

73,651

CREDITORS

Amounts falling due within one year

6

(28,398

)

(32,873

)

NET CURRENT ASSETS

13,192

40,778

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,295

41,126

CREDITORS

Amounts falling due after more than one
year

7

(9,969

)

(12,707

)

PROVISIONS FOR LIABILITIES

-

(39

)

NET ASSETS

3,326

28,380

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

3,325

28,379

SHAREHOLDERS' FUNDS

3,326

28,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 April 2025 and were signed by:

Mr D C Millington - Director

1.	STATUTORY INFORMATION

Leap Training and Support UK 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

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 February 2024

and 31 January 2025

432

6,978

7,410

DEPRECIATION

At 1 February 2024

396

6,666

7,062

Charge for year

9

236

245

At 31 January 2025

405

6,902

7,307

NET BOOK VALUE

At 31 January 2025

27

76

103

At 31 January 2024

36

312

348

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Trade debtors

8,064

23,955

Other debtors

25,096

23,838

33,160

47,793

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Bank loans and overdrafts

6,000

Trade creditors

94

4,361

Taxation and social security

17,202

18,857

Other creditors

5,102

3,655

28,398

32,873

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.1.24

£

Bank loans

9,969

12,707

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

Mr D C Millington

Balance outstanding at start of year

2,150

9,950

Amounts advanced

5,361

2,150

Amounts repaid

(2,150

)

(9,950

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,361

2,150

The loan is non interest bearing and was repaid within nine months of the Company's year end.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D C Millington.