REGISTERED NUMBER: 05062749 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lee Auto Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A D Shamji

Mr S A Kanji

SECRETARY:

Mr S A Kanji

REGISTERED OFFICE:

164 Mollison Way

Edgware

Middlesex

HA8 5QZ

REGISTERED NUMBER:

05062749 (England and Wales)

ACCOUNTANTS:

L P Patel & Co Limited

Accountants & Tax Advisers

164 Mollison Way

Edgware

Middlesex

HA8 5QZ

FIXED ASSETS

Property, plant and equipment

4

587

734

CURRENT ASSETS

Inventories

561

592

Debtors

5

2,881

1,157

Cash at bank and in hand

43,434

45,905

46,876

47,654

CREDITORS

Amounts falling due within one year

6

18,941

16,262

NET CURRENT ASSETS

27,935

31,392

TOTAL ASSETS LESS CURRENT LIABILITIES

28,522

32,126

CREDITORS

Amounts falling due after more than one year

7

24,075

29,631

NET ASSETS

4,447

2,495

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

4,347

2,395

SHAREHOLDERS' FUNDS

4,447

2,495

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Mr A D Shamji - Director

Mr S A Kanji - Director

1.	STATUTORY INFORMATION

Lee Auto Services 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

Revenue 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

7,452

3,296

2,575

13,323

DEPRECIATION

At 1 April 2024

6,778

3,262

2,549

12,589

Charge for year

135

7

5

147

At 31 March 2025

6,913

3,269

2,554

12,736

NET BOOK VALUE

At 31 March 2025

539

27

21

587

At 31 March 2024

674

34

26

734

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,861

1,136

Other debtors

20

21

2,881

1,157

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

4,082

3,919

Taxation and social security

6,940

5,274

Other creditors

2,363

1,513

18,941

16,262

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

24,075

29,631

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,852

7,408

8.	DEFERRED TAX

£

Balance at 1 April 2024

(21

)

Accelerated capital allowances

1

Balance at 31 March 2025

(20

)

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1.00

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

2,395

Profit for the year

15,952

Dividends

(14,000

)

At 31 March 2025

4,347