Leaap Solutions Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13922299 (England and Wales)

Leaap Solutions Limited

Unaudited Financial Statements

for the Period 17 February 2022 to 28 February 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M P Atkins

A M Donald

REGISTERED OFFICE:

6 Birchwood Crescent

Hyde

Cheshire

SK14 4GQ

REGISTERED NUMBER:

13922299 (England and Wales)

ACCOUNTANTS:

Carter Collins & Myer Limited

Chichester House

2 Chichester Street

Rochdale

Lancashire

OL16 2AX

FIXED ASSETS

Tangible assets

4

44,097

CURRENT ASSETS

Debtors

5

77,492

Cash at bank

18,114

95,606

CREDITORS

Amounts falling due within one year

6

110,329

NET CURRENT LIABILITIES

(14,723

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,374

CREDITORS

Amounts falling due after more than one year

7

29,065

NET ASSETS

309

CAPITAL AND RESERVES

Called up share capital

8

104

Retained earnings

9

205

SHAREHOLDERS' FUNDS

309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:

M P Atkins - Director

1.	STATUTORY INFORMATION

Leaap Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

Additions

1,017

47,095

1,356

49,468

At 28 February 2023

1,017

47,095

1,356

49,468

DEPRECIATION

Charge for period

256

4,775

340

5,371

At 28 February 2023

256

4,775

340

5,371

NET BOOK VALUE

At 28 February 2023

761

42,320

1,016

44,097

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

49,803

Other debtors

17,755

Directors' current accounts

9,318

Prepayments and accrued income

616

77,492

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

102

Hire purchase contracts

8,930

Trade creditors

64,425

Social security and other taxes

14,441

Nest Pension Creditor

174

VAT

14,749

Net Pay Creditor

6,168

Accrued expenses

1,340

110,329

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

29,065

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

9.

RESERVES

Retained

earnings

£

Profit for the period

32,205

Dividends

(32,000

)

At 28 February 2023

205