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REGISTERED NUMBER: 04014506 (England and Wales)















A T LEE PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022






A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A T LEE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: N A Cryer
R Fearnley





REGISTERED OFFICE: Leardene House
Draughton
Skipton
North Yorkshire
BD23 6EA





REGISTERED NUMBER: 04014506 (England and Wales)





ACCOUNTANTS: DSC
Chartered Accountants
Suite B2 Joseph's Well
Hanover Walk
Westgate
Leeds
West Yorkshire
LS3 1AB

A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,678 70,255

CURRENT ASSETS
Stocks 275,000 172,000
Debtors 5 63,030 208,624
Cash at bank 106,107 58,179
444,137 438,803
CREDITORS
Amounts falling due within one year 6 150,734 206,007
NET CURRENT ASSETS 293,403 232,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,081

303,051

CREDITORS
Amounts falling due after more than one
year

7

15,114

26,275
NET ASSETS 350,967 276,776

CAPITAL AND RESERVES
Called up share capital 176,399 176,399
Retained earnings 174,568 100,377
SHAREHOLDERS' FUNDS 350,967 276,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)

BALANCE SHEET - continued
31 DECEMBER 2022


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 30 September 2023 and were signed on its behalf by:





N A Cryer - Director


A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

A T Lee Properties 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

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 year was 5 (2021 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2022 121,390 90,600 211,990
Additions 620 47,981 48,601
Disposals - (16,000 ) (16,000 )
At 31 December 2022 122,010 122,581 244,591
DEPRECIATION
At 1 January 2022 84,885 56,850 141,735
Charge for year 20,762 24,516 45,278
Eliminated on disposal - (15,100 ) (15,100 )
At 31 December 2022 105,647 66,266 171,913
NET BOOK VALUE
At 31 December 2022 16,363 56,315 72,678
At 31 December 2021 36,505 33,750 70,255

The net book value of tangible fixed assets includes £ 13,610 (2021 - £ 50,490 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 56,838 207,524
Other debtors 1,100 1,100
Directors' current accounts 5,092 -
63,030 208,624

A T LEE PROPERTIES LIMITED (REGISTERED NUMBER: 04014506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,788 5,788
Hire purchase contracts 5,373 15,683
Trade creditors 72,685 55,350
Tax 4,370 -
Social security and other taxes 21,010 59,023
VAT 15,127 19,914
Other creditors 22,331 23,972
Directors' current accounts - 22,237
Accrued expenses 4,050 4,040
150,734 206,007

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans - 2-5 years 15,114 20,902
Hire purchase contracts - 5,373
15,114 26,275

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
N A Cryer
Balance outstanding at start of year (22,237 ) (144,626 )
Amounts advanced 32,328 122,389
Amounts repaid (9,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,091 (22,237 )

R Fearnley
Balance outstanding at start of year - -
Amounts advanced 7,000 -
Amounts repaid (3,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,000 -