| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 27 March 2025 |
| for |
| Leanwise Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 27 March 2025 |
| for |
| Leanwise Limited |
| Leanwise Limited (Registered number: 07763193) |
| Contents of the Financial Statements |
| for the Year Ended 27 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Leanwise Limited |
| Company Information |
| for the Year Ended 27 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Chartered Certified Accountants |
| 238 Station Road |
| Addlestone |
| Surrey |
| KT15 2PS |
| Leanwise Limited (Registered number: 07763193) |
| Balance Sheet |
| 27 March 2025 |
| 27.3.25 | 27.3.24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Inventories |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| Leanwise Limited (Registered number: 07763193) |
| Notes to the Financial Statements |
| for the Year Ended 27 March 2025 |
| 1. | STATUTORY INFORMATION |
| Leanwise Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Revenue |
| Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance. |
| Tangible fixed assets |
| Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows: |
| Plant & machinery - 33.3% straight line |
| Fixtures and fittings - 25% straight line |
| Equipment - 33.3% straight line |
| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement. |
| Inventories |
| 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. |
| Leanwise Limited (Registered number: 07763193) |
| Notes to the Financial Statements - continued |
| for the Year Ended 27 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Going concern |
| The shareholder of the company has indicated his willingness to financially support the company for the foreseeable future, therefore, the accounts have been prepared on a going concern basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 28 March 2024 |
| Additions |
| At 27 March 2025 |
| DEPRECIATION |
| At 28 March 2024 |
| Charge for year |
| At 27 March 2025 |
| NET BOOK VALUE |
| At 27 March 2025 |
| At 27 March 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 27.3.25 | 27.3.24 |
| £ | £ |
| Other debtors |
| VAT |
| Leanwise Limited (Registered number: 07763193) |
| Notes to the Financial Statements - continued |
| for the Year Ended 27 March 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 27.3.25 | 27.3.24 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 104,267 | 95,121 |
| Accruals and deferred income |
| 7. | RELATED PARTY DISCLOSURES |
| At the year end the directors' were owed £104,267 (2024 - £95,121) in respect of their directors' loan accounts. The loan is interest free and repayable on demand. |