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Registered number: 03500786
Leader CNC Technologies Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Leader Business Solutions Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03500786
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,818 9,546
6,818 9,546
CURRENT ASSETS
Stocks 5 130,000 130,000
Debtors 6 1,534,018 641,944
Cash at bank and in hand 813,326 1,512,626
2,477,344 2,284,570
Creditors: Amounts Falling Due Within One Year 7 (1,972,222 ) (1,858,599 )
NET CURRENT ASSETS (LIABILITIES) 505,122 425,971
TOTAL ASSETS LESS CURRENT LIABILITIES 511,940 435,517
NET ASSETS 511,940 435,517
CAPITAL AND RESERVES
Called up share capital 9 151 151
Profit and Loss Account 511,789 435,366
SHAREHOLDERS' FUNDS 511,940 435,517
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For the 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.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Steven Moorcroft
Director
30th October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Leader CNC Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03500786 . The registered office is Driftside, Loughborough Road, Coleorton, Leicestershire, LE67 8HH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on cost
Computer Equipment 33.33% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 3 3
Sales, marketing and distribution 2 2
Manufacturing 3 3
8 8
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 48,188 78,900 44,062 171,150
As at 31 January 2026 48,188 78,900 44,062 171,150
Depreciation
As at 1 February 2025 38,641 78,900 44,063 161,604
Provided during the period 2,728 - - 2,728
As at 31 January 2026 41,369 78,900 44,063 164,332
Net Book Value
As at 31 January 2026 6,819 - (1 ) 6,818
As at 1 February 2025 9,547 - (1 ) 9,546
5. Stocks
2026 2025
£ £
Finished goods 130,000 130,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 1,534,164 637,695
Prepayments and accrued income - 4,395
Other debtors (146 ) (146 )
1,534,018 641,944
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 665,191 945,007
Corporation tax 117,203 102,596
Other taxes and social security 5,880 5,805
VAT 10,232 266,499
Other creditors 920,815 411,777
Accruals and deferred income 250,000 125,000
Director's loan account 2,901 1,915
1,972,222 1,858,599
8. Deferred Taxation
The provision for deferred tax is made up as follows:
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 151 151
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
11. Dividends
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