Company registration number 11464789 (England and Wales)
LESLIE ISLES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
LESLIE ISLES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
LESLIE ISLES LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
23,056
15,557
Current assets
Debtors
5
5,560
771
Cash at bank and in hand
56,030
92,346
61,590
93,117
Creditors: amounts falling due within one year
6
(21,068)
(30,568)
Net current assets
40,522
62,549
Net assets
63,578
78,106
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
63,577
78,105
Total equity
63,578
78,106

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 December 2025
Mr L J Isles
Director
Company registration number 11464789 (England and Wales)
LESLIE ISLES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Leslie Isles Limited is a private company limited by shares incorporated in England and Wales. The registered office is Nightingale House, 46-48 East Street, Epsom, Surrey, United Kingdom, KT17 1HQ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue comprises sales of services provided to customers net of value added tax. Revenue is recognised when performance obligations are satisfied. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

The company recognises revenue from the following major sources:

- Engineering consultancy

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Engineering consultancy

Revenue is recognised on completion of contractual work period. Payment terms are seven days from date of invoice.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
Straight line between 5 to 15 years
Computer equipment
Straight line over 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

LESLIE ISLES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit..

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

LESLIE ISLES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024
34,265
Additions
13,530
At 31 July 2025
47,795
Depreciation and impairment
At 1 August 2024
18,708
Depreciation charged in the year
6,031
At 31 July 2025
24,739
Carrying amount
At 31 July 2025
23,056
At 31 July 2024
15,557
LESLIE ISLES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,920
-
0
Corporation tax recoverable
2,875
-
0
Other debtors
765
771
5,560
771
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
26
Corporation tax
-
0
4,258
Other taxation and social security
1,949
3,363
Other creditors
19,119
22,921
21,068
30,568
2025-07-31 2024-08-01 false false false 02 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr L J Isles 11464789 2024-08-01 2025-07-31 11464789 2025-07-31 11464789 2024-07-31 11464789 core:OtherPropertyPlantEquipment 2025-07-31 11464789 core:OtherPropertyPlantEquipment 2024-07-31 11464789 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 11464789 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 11464789 core:WithinOneYear 2025-07-31 11464789 core:WithinOneYear 2024-07-31 11464789 core:CurrentFinancialInstruments 2025-07-31 11464789 core:CurrentFinancialInstruments 2024-07-31 11464789 core:ShareCapital 2025-07-31 11464789 core:ShareCapital 2024-07-31 11464789 core:RetainedEarningsAccumulatedLosses 2025-07-31 11464789 core:RetainedEarningsAccumulatedLosses 2024-07-31 11464789 bus:Director1 2024-08-01 2025-07-31 11464789 core:PlantMachinery 2024-08-01 2025-07-31 11464789 core:ComputerEquipment 2024-08-01 2025-07-31 11464789 2023-08-01 2024-07-31 11464789 core:OtherPropertyPlantEquipment 2024-07-31 11464789 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 11464789 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 11464789 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 11464789 bus:FRS102 2024-08-01 2025-07-31 11464789 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 11464789 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP