Registration number: 13155643

Leasing Route Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Leasing Route Limited

(Registration number: 13155643)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	19,809	20,800
Current assets
Debtors	5	99,419	81,494
Cash at bank and in hand		63,117	45,095
		162,536	126,589
Creditors: Amounts falling due within one year	6	(58,428)	(40,301)
Net current assets		104,108	86,288
Total assets less current liabilities		123,917	107,088
Provisions for liabilities		(4,952)	(5,200)
Net assets		118,965	101,888
Capital and reserves
Called up share capital	7	10	10
Retained earnings		118,955	101,878
Shareholders' funds		118,965	101,888

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 May 2026 and signed on its behalf by:
 

......................................... Mr Christopher Jennings Director

Leasing Route Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Suite F, Communications House
University Court
Staffordshire Technology Park
Stafford
Staffordshire
ST18 0ES
England

These financial statements were authorised for issue by the Board on 11 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Leasing Route Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Asset class	Depreciation method and rate
Plant & machinery	25% reducing balance
Fixtures & fittings	25% reducing balance
Office equipment	33% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 4).

Leasing Route Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2025	34,397	-	34,397
Additions	5,023	1,493	6,516
At 31 January 2026	39,420	1,493	40,913
Depreciation
At 1 February 2025	14,966	124	15,090
Charge for the year	5,671	343	6,014
At 31 January 2026	20,637	467	21,104
Carrying amount
At 31 January 2026	18,783	1,026	19,809
At 31 January 2025	19,431	1,369	20,800

5

Debtors

Current	2026 £	2025 £
Trade debtors	56,687	39,434
Prepayments	8,230	5,760
Other debtors	34,502	36,300
	99,419	81,494

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	912	-
Taxation and social security	50,130	38,492
Accruals and deferred income	1,620	1,250
Other creditors	5,766	559
	58,428	40,301

Leasing Route Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	10	10	10	10

8	Obligations under leases and hire purchase contracts

At the year-end the company had lease commitments amounting to £15,194 (2025: £2,881).

9	Related party transactions

Transactions with directors

2026	At 1 February 2025 £	Advances to director £	Repayments by director £	At 31 January 2026 £
Directors loan	26,301	81,701	(73,500)	34,502

2025	At 1 February 2024 £	Advances to director £	At 31 January 2025 £
Directors loan	-	26,301	26,301