EASY LEASE LTD.

EASY LEASE LTD.

EASY LEASE LTD. - Company Information

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EASY LEASE LTD.

Company Registration Number:
04512819 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

EASY LEASE LTD.

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

EASY LEASE LTD.

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Investments: 3 1,599,900 1,599,900
Total fixed assets: 1,599,900 1,599,900
Current assets
Debtors:   2,054,750 805,290
Cash at bank and in hand: 115,068 42,734
Total current assets: 2,169,818 848,024
Creditors: amounts falling due within one year:   (74,168) (94,708)
Net current assets (liabilities): 2,095,650 753,316
Total assets less current liabilities: 3,695,550 2,353,216
Total net assets (liabilities): 3,695,550 2,353,216
Capital and reserves
Called up share capital: 1,600,000 1,600,000
Profit and loss account: 2,095,550 753,216
Shareholders funds: 3,695,550 2,353,216

The notes form part of these financial statements

EASY LEASE LTD.

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 July 2023
and signed on behalf of the board by:

Name: Harjit Singh DEOL
Status: Director

The notes form part of these financial statements

EASY LEASE LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

EASY LEASE LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

EASY LEASE LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Fixed investments

In respect of investments held at valuation, the comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model would be £1,599,900.