REGISTERED NUMBER: 08617408 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

ILEASECARS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K R Nayee

SECRETARY:

REGISTERED OFFICE:

Suite 310e,

East Wing Sterling House

Langston Road

Loughton

London

IG10 3TS

REGISTERED NUMBER:

08617408 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

FIXED ASSETS

Tangible assets

4

21,872

29,162

CURRENT ASSETS

Debtors

5

24,259

-

Cash at bank and in hand

53,329

59,056

77,588

59,056

CREDITORS

Amounts falling due within one year

6

14,976

1,076

NET CURRENT ASSETS

62,612

57,980

TOTAL ASSETS LESS CURRENT LIABILITIES

84,484

87,142

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

84,384

87,042

SHAREHOLDERS' FUNDS

84,484

87,142

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 April 2026 and were signed by:

K R Nayee - Director

1.	STATUTORY INFORMATION

ILEASECARS 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

Turnover 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

99,037

DEPRECIATION

At 1 August 2024

69,875

Charge for year

7,290

At 31 July 2025

77,165

NET BOOK VALUE

At 31 July 2025

21,872

At 31 July 2024

29,162

5.

DEBTORS

31.7.25

31.7.24

£

£

Amounts falling due within one year:

VAT

259

-

Amounts falling due after more than one year:

Other debtors

24,000

-

Aggregate amounts

24,259

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

-

(5,000

)

Trade creditors

9

77

Tax

7,664

-

VAT

-

1,587

Directors' current accounts

7,303

4,412

14,976

1,076