L_&_E_FINANCIAL_SERVICES_ - Accounts

In accordance with section 444 of the Companies Act 2006 all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (S.I. 2008/409)(b).

For the financial year ended 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

L & E Financial Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 73 Green PondRoad, Walthamstow, London, E17 6EE.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

The tax currently payable is based on taxable profit for the year

No tax has been deferred.

The average monthly number of persons (including directors) employed by the company during the year was 1

The director is not entitled to any remuneration or benefits.
The company cannot pay any expenses to the director.

The company has one class of shares which carry no rights to dividends or repayment of capital.

Le Roux Fouche is the ultimate beneficial owner of the company and the sole controlling party..