ACCOUNTS - Final Accounts

Registered number: 08850520

L.E.F. ASSOCIATES LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026


L.E.F. ASSOCIATES LTD

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 8


L.E.F. ASSOCIATES LTD REGISTERED NUMBER:08850520

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	5		970		1,293
Investments	6		155,900		155,900
			156,870		157,193
Current assets
Debtors: amounts falling due within one year	7	15,096		308
Cash at bank and in hand		28,367		61,952
		43,463		62,260

Creditors: amounts falling due within one year	8	(19,385)		(11,641)
Net current assets			24,078		50,619
Total assets less current liabilities			180,948		207,812
Provisions for liabilities
Deferred tax	9		(185)		(246)
Net assets			180,763		207,566

Capital and reserves
Called up share capital	10	100	100
Profit and loss account		180,663	207,466
		180,763	207,566

Page 1


L.E.F. ASSOCIATES LTD REGISTERED NUMBER:08850520

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

L Empson

Director

Date: 30 June 2026

The notes on pages 3 to 8 form part of these financial statements.

Page 2


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

L.E.F. Associates Ltd is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of public speaking, lecturing and publishing services.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the period, exclusive of Value Added Tax and trade discounts

2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

				Office equipment	-	25% reducing balance
				Computer equipment	-	25% straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

2.5

Valuation of investments

Investments are measured at cost less accumulated impairment.

Page 3


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.11

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

Page 4


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 February 2025	30,000
	At 31 January 2026	30,000
	Amortisation
	At 1 February 2025	30,000
	At 31 January 2026	30,000
	Net book value
	At 31 January 2026	-
	At 31 January 2025	-

Page 5


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

5.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 February 2025	5,597	14,965	20,562
At 31 January 2026	5,597	14,965	20,562
Depreciation
At 1 February 2025	4,304	14,965	19,269
Charge for the year on owned assets	323	-	323
At 31 January 2026	4,627	14,965	19,592
Net book value
At 31 January 2026	970	-	970
At 31 January 2025	1,293	-	1,293

6.	Fixed asset investments

		Other fixed asset investments
		£
	Cost or valuation
	At 1 February 2025	155,900
	At 31 January 2026	155,900

Page 6


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Trade debtors	9,800	-
Other debtors	5,296	308
	15,096	308

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	1,002	300
Taxation and social security	445	3,973
Other creditors	5,308	3,510
Accruals and deferred income	12,630	3,858
	19,385	11,641

9.	Deferred taxation

		2026
		£

	At beginning of year	(246)
	Charged to profit or loss	61
	At end of year	(185)

The provision for deferred taxation is made up as follows:
	2026	2025
	£	£

Accelerated capital allowances

184

246

Page 7


L.E.F. ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

10.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 ordinary shares of £1 each	100	100

Page 8