Registered number
13074023
L&LEA LIMITED
Report and Accounts
31 December 2025

L&LEA LIMITED
Registered number: | 13074023
Statement of Financial Position
as at 31 December 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investments | 3 |  |  | 165,000 |  |  | 165,000
Current assets
Cash at bank and in hand |  |  | 2,325 |  |  | 5,737
Creditors: amounts falling due within one year | 4 |  | (1,209) |  |  | (329)
Net current assets |  |  |  | 1,116 |  |  | 5,408
Net assets |  |  |  | 166,116 |  |  | 170,408
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 166,016 |  |  | 170,308
Shareholders' funds |  |  |  | 166,116 |  |  | 170,408
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A. The Statement of Income has not been delivered to the Registrar of Companies.
Ricardo Vittiello
Director
Approved by the board on 13 May 2026

L&LEA LIMITED
Notes to the Accounts
for the year ended 31 December 2025
1 | Accounting policies
| Statutory information
| L&LEA LIMITED is a private company limited by shares incorporated in England & Wales, registration number 13074023. The registered office is 320 Firecrest Court, Centre Park, Warrington, WA1 1RG. The principal place of business is 320 Firecrest Court, Centre Park, Warrington, Cheshire, United Kingdom, WA1 1RG.
| Summary of significant accounting policies
| The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated.
| Accounting policies
| These financial statements for the year ended 31 December 2025 comply with FRS 102 Section 1A small entities.
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The presentational currency is in sterling which has been rounded to the nearest £1.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Fixtures & fittings | 15% reducing balance
| Office Equipment | 33% straight line
| Motor vehicles | 25% reducing balance
| Plant and machinery | 15% reducing balance
| Investments
| Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Investments
Other
investments
£
| Cost
| At 1 January 2025 | 165,000
| At 31 December 2025 | 165,000
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Corporation tax | - |  | (160)
| Other creditors | 1,209 |  | 489
|  |  |  |  |  | 1,209 |  | 329
5 | Post balance sheet events
| During the period there were no post balance sheet events.
6 | Transition to FRS102
| The transition to FRS102 Section 1A for Small Entities has not resulted in any changes to accounting policies to those used previously.
7 | Related party transactions
| No transactions with related parties were undertaken such as are required to be disclosed under FRS s102 S 1A.

L&LEA LIMITED 13074023 false 2025-01-01 2025-12-31 2025-12-31 VT Final Accounts July 2024 Ricardo Vittiello No description of principal activity 13074023 2024-01-01 2024-12-31 13074023 core:WithinOneYear 2024-12-31 13074023 core:ShareCapital 2024-12-31 13074023 core:RetainedEarningsAccumulatedLosses 2024-12-31 13074023 2025-01-01 2025-12-31 13074023 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13074023 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 13074023 bus:Director40 2025-01-01 2025-12-31 13074023 1 2025-01-01 2025-12-31 13074023 2 2025-01-01 2025-12-31 13074023 bus:FRS102 2025-01-01 2025-12-31 13074023 bus:FilletedAccounts 2025-01-01 2025-12-31 13074023 2025-12-31 13074023 core:WithinOneYear 2025-12-31 13074023 core:ShareCapital 2025-12-31 13074023 core:RetainedEarningsAccumulatedLosses 2025-12-31 13074023 2024-12-31 iso4217:GBP xbrli:pure