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REGISTERED NUMBER: 04155059 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Leada Engineering Limited

Leada Engineering Limited (Registered number: 04155059)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Leada Engineering Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr S G Lea
Mrs A Oxendale
Mr B Paxman



SECRETARY: Mrs C A Lea



REGISTERED OFFICE: 1 Grange Close
Killinghall
Harrogate
HG3 2FW



REGISTERED NUMBER: 04155059 (England and Wales)



ACCOUNTANTS: PY Accountants Ltd
33 Holmefield Close
Brayton
Selby
YO8 9LR



BANKERS: Virgin Money
21 James Street
Harrogate
HG1 1QU

Leada Engineering Limited (Registered number: 04155059)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 463,702 474,715
Investments 5 38,079 38,079
Investment property 6 - 625,536
501,781 1,138,330

CURRENT ASSETS
Debtors 7 1,109,288 617,102
Investments 8 295,000 245,000
Cash at bank 121,555 324,833
1,525,843 1,186,935
CREDITORS
Amounts falling due within one year 9 4,635 5,058
NET CURRENT ASSETS 1,521,208 1,181,877
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,022,989

2,320,207

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,022,889 2,320,107
SHAREHOLDERS' FUNDS 2,022,989 2,320,207

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.

Leada Engineering Limited (Registered number: 04155059)

Balance Sheet - 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by:





Mr S G Lea - Director


Leada Engineering Limited (Registered number: 04155059)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Leada Engineering 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 157,735 539,608 39,816 737,159
Additions 74,747 227,947 - 302,694
Disposals (18,000 ) (212,502 ) - (230,502 )
At 31 March 2023 214,482 555,053 39,816 809,351
DEPRECIATION
At 1 April 2022 70,800 168,633 23,011 262,444
Charge for year 35,921 114,165 3,361 153,447
Eliminated on disposal - (70,242 ) - (70,242 )
At 31 March 2023 106,721 212,556 26,372 345,649
NET BOOK VALUE
At 31 March 2023 107,761 342,497 13,444 463,702
At 31 March 2022 86,935 370,975 16,805 474,715

Leada Engineering Limited (Registered number: 04155059)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 38,079
NET BOOK VALUE
At 31 March 2023 38,079
At 31 March 2022 38,079

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 625,536
Disposals (625,536 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 625,536

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 10,015 21,980
CIS Tax 920,570 418,716
VAT 178,703 176,406
1,109,288 617,102

8. CURRENT ASSET INVESTMENTS
31.3.23 31.3.22
£    £   
Investments & Loans
in other businesses 295,000 245,000
295,000 245,000

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Creditors 2,715 3,233
Accrued expenses 1,920 1,825
4,635 5,058

Leada Engineering Limited

Report of the Accountants to the Directors of
Leada Engineering 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 Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






PY Accountants Ltd
33 Holmefield Close
Brayton
Selby
YO8 9LR


3 November 2023