REGISTERED NUMBER: 04715326 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CG LEE LTD

T/A

LEES

CHARTERED CERTIFIED ACCOUNTANTS

REGISTERED AUDITORS

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I R Clayton

Mr G D Lyon

Mr J L Hyde

Mr C G Bidgood

SECRETARY:

Mr I R Clayton

REGISTERED OFFICE:

Ingram House

Meridian Way

Norwich

Norfolk

NR7 0TA

REGISTERED NUMBER:

04715326 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

52,870

58,142

Investments

6

11

11

52,881

58,153

CURRENT ASSETS

Debtors

7

1,669,753

1,463,591

Cash at bank and in hand

1,290,159

907,759

2,959,912

2,371,350

CREDITORS

Amounts falling due within one year

8

506,490

414,711

NET CURRENT ASSETS

2,453,422

1,956,639

TOTAL ASSETS LESS CURRENT LIABILITIES

2,506,303

2,014,792

PROVISIONS FOR LIABILITIES

12,888

14,134

NET ASSETS

2,493,415

2,000,658

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

2,493,215

2,000,458

SHAREHOLDERS' FUNDS

2,493,415

2,000,658

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 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 23 December 2025 and were signed on its behalf by:

Mr C G Bidgood - Director

Mr J L Hyde - Director

Mr G D Lyon - Director

Mr I R Clayton - Director

1.	STATUTORY INFORMATION

CG LEE LTD 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.

The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest GB Pound (£).

Turnover

Turnover represents the fair value of services provided during the year on client assignments. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable from clients and is based on the time spent, skills and expertise provided and expenses incurred. Turnover excludes Value Added Tax.

Turnover in respect of contingent fee assignments (over and above any agreed minimum fee which is recognised as above) is recognised in the period when the contingent event occurs and collectability of the fee is assured.

Unbilled turnover on individual client assignments is included as accrued income within debtors. Where individual bills on account exceed revenue recognised on client assignments, the excess is classified as deferred income within creditors.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses, is being amortised evenly over the estimated useful life of 2½ to 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

- 25% 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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over the estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2024 - 55 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

799,253

AMORTISATION

At 1 April 2024

and 31 March 2025

799,253

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

165,880

Additions

9,698

At 31 March 2025

175,578

DEPRECIATION

At 1 April 2024

107,738

Charge for year

14,970

At 31 March 2025

122,708

NET BOOK VALUE

At 31 March 2025

52,870

At 31 March 2024

58,142

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

11

NET BOOK VALUE

At 31 March 2025

11

At 31 March 2024

11

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,026,721

800,144

Other debtors

643,032

663,447

1,669,753

1,463,591

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

50,579

33,983

Taxation and social security

400,034

332,303

Other creditors

55,877

48,425

506,490

414,711

9.	LEASING AGREEMENTS

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

70

Ordinary A

£1

70

70

70

Ordinary B

£1

70

70

10

Ordinary C

£1

10

10

10

Ordinary D

£1

10

10

10

Ordinary E

£1

10

10

10

Ordinary F

£1

10

10

10

Ordinary G

£1

10

10

10

Ordinary H

£1

10

10

200

200