<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10K/A
(Amendment Number)
Annual Report Pursuant to Section 13 or 15 (d) of the Securities Exchange
Act of 1934
For the fiscal year ended Commission file number
December 31, 1995 2-94054-LA
LEASTEC INCOME FUND 1985-I
A CALIFORNIA LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
California 68-0050859
(State of other jurisdiciton of (IRS Employer Identification
incorporation or organization) Number)
2855 Mitchell Drive, Suite 215, Walnut Creek, CA 94598
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code (510) 938-3443 Ex 15
Securities registered pursuant to Section 12 (b) of the Act:
NONE
Securities registered pursuant to Section 12 (g) of the Act:
UNITS OF LIMITED PARTNER INTEREST
(TITLE OF CLASS)
Indicate by a check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No _____
Indicate by chech mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrants's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K\A-1. X
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Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
(a) Exhibits
Exhibit Page
Number Exhibit Name Number
3 Leastec Income Fund 1985-I Limited Partnership
(Incorporated by reference from Exhibit 3.1 on
Form S-18 filed with the Commission on
January 18, 1985 File Number 2-94054-LA)
Exhibit
Number Exhibit Name Page
4 Subscription Agreement and Power of Attorney Number
(Incorporated by reference from Exhibit 4.1 on
Form S-18, January 18, 1985, File No. 2-94054-LA)
(b) No reports on Form 8-K have been filed during the last quarter
of the fiscal year ending December 31, 1995.
(c) Exhibit 27 Financial Data Summary
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Pursuant to the requirements of Sections 13 or 15 (d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
LEASTEC INCOME FUND 1985-I
(Registrant)
By: LEASTEC CORPORTION
General Partner
Dated: April 17, 1996 By: ERNEST LAVAGETTO
Ernest Lavagetto
President
Pursuant to the requirements of the Securities Exchange Act of 1932, this
report has been signed below by the following person on behalf of the
Registrant, and in te capacity and on the date indicated.
Dated: April 17, 1996
By: ERNEST LAVAGETTO
Ernest Lavagetto, Director
Leastec Corporation
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<CASH> 339,506
<SECURITIES> 0
<RECEIVABLES> 26,143
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 365,649
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 365,649
<CURRENT-LIABILITIES> 365,649
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 365,649
<SALES> 490,138
<TOTAL-REVENUES> 490,138
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 340,900
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,798
<INCOME-PRETAX> 147,440
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 147,440
<EPS-PRIMARY> 4.94
<EPS-DILUTED> 4.94
</TABLE>
