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Company Registration No. 14846423 (England and Wales)
Lezac Limited Unaudited accounts for the year ended 31 May 2025
Lezac Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Lezac Limited Company Information for the year ended 31 May 2025
Director
VICTOR Olugbenga Isaac
Company Number
14846423 (England and Wales)
- 3 -
Lezac Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,276
1,702
Creditors: amounts falling due within one year
5
(3,430)
(897)
Net current liabilities
(3,430)
(897)
Net (liabilities)/assets
(2,154)
805
Capital and reserves
Profit and loss account
(2,154)
805
Shareholders' funds
(2,154)
805
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2026 and were signed on its behalf by
VICTOR Olugbenga Isaac Director Company Registration No. 14846423
- 4 -
Lezac Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Lezac Limited is a private company, limited by shares, registered in England and Wales, registration number 14846423.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
1,255
873
2,128
At 31 May 2025
1,255
873
2,128
Depreciation
At 1 June 2024
251
175
426
Charge for the year
251
175
426
At 31 May 2025
502
350
852
Net book value
At 31 May 2025
753
523
1,276
At 31 May 2024
1,004
698
1,702
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
3,155
322
Accruals
275
575
3,430
897
- 5 -
Lezac Limited Notes to the Accounts for the year ended 31 May 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -