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REGISTERED NUMBER: 02201154 (England and Wales)















Ledan Windows Limited

Unaudited Financial Statements

for the year ended

31 March 2023






Ledan Windows Limited (Registered number: 02201154)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 8


Ledan Windows Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: D J Gibling
J L Gibling
L D Gibling
S Gibling





SECRETARY: J L Gibling





REGISTERED OFFICE: 25-27 Concorde Road
Norwich
Norfolk
NR6 6BJ





REGISTERED NUMBER: 02201154 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ledan Windows Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ledan Windows Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ledan Windows Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ledan Windows Limited and state those matters that we have agreed to state to the Board of Directors of Ledan Windows Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ledan Windows Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ledan Windows Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ledan Windows Limited. You consider that Ledan Windows Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ledan Windows Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY


12 September 2023

Ledan Windows Limited (Registered number: 02201154)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 25,504 32,111

CURRENT ASSETS
Inventories 138,383 154,074
Debtors 5 628,947 708,959
Cash at bank 452,666 422,800
1,219,996 1,285,833
CREDITORS
Amounts falling due within one year 6 (305,139 ) (284,614 )
NET CURRENT ASSETS 914,857 1,001,219
TOTAL ASSETS LESS CURRENT LIABILITIES 940,361 1,033,330

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 939,361 1,032,330
SHAREHOLDERS' FUNDS 940,361 1,033,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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

Ledan Windows Limited (Registered number: 02201154)

Statement of Financial Position - continued
31 March 2023


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 12 September 2023 and were signed on its behalf by:





S Gibling - Director


Ledan Windows Limited (Registered number: 02201154)

Notes to the Financial Statements
for the year ended 31 March 2023


1. STATUTORY INFORMATION

Ledan Windows 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.

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

Property, plant and equipment
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
Fixtures and fittings - 15% on cost and 10% on cost
Motor vehicles - 20% on cost and 15% on cost

Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Short term debtors are measured at transaction price, less any impairment.
Short term creditors are measured at the transaction price.

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 statement of financial position date.

Ledan Windows Limited (Registered number: 02201154)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


2. ACCOUNTING POLICIES - continued

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.

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

Pension costs
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 12 (2022 - 13 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 14,978 55,890 66,273 137,141
DEPRECIATION
At 1 April 2022 5,977 49,004 50,049 105,030
Charge for year - 2,891 3,716 6,607
At 31 March 2023 5,977 51,895 53,765 111,637
NET BOOK VALUE
At 31 March 2023 9,001 3,995 12,508 25,504
At 31 March 2022 9,001 6,886 16,224 32,111

Ledan Windows Limited (Registered number: 02201154)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


4. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 24,803
Transfer to ownership (24,803 )
At 31 March 2023 -
DEPRECIATION
At 1 April 2022 18,579
Charge for year 3,716
Transfer to ownership (22,295 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 6,224

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 428,804 494,759
Other debtors 200,143 114,200
628,947 608,959

Amounts falling due after more than one year:
Other debtors - 100,000

Aggregate amounts 628,947 708,959

Ledan Windows Limited (Registered number: 02201154)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 2,253
Trade creditors 212,332 246,759
Taxation and social security 34,569 26,601
Other creditors 58,238 9,001
305,139 284,614

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 2,253

Hire purchase contracts are secured on the assets concerned.

8. OTHER FINANCIAL COMMITMENTS

At 31 March 2023 the company has total commitments under non-cancellable operating leases over the remaining life of those leases of £107,910 (31 March 2022 - £275,266).

A proportion of this commitments has been underwritten by a third party.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £108,000 were paid to the directors .

During the year a management charge of £10,000 (2022 - £50,000) was charged to SSGE (Norwich), a business owned by Mr S Gibling.