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REGISTERED NUMBER: 07952824 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Ledbury Hardware Limited

Ledbury Hardware Limited (Registered number: 07952824)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ledbury Hardware Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: G Selway
J Pound





REGISTERED OFFICE: Bank House
2 Bank Crescent
Ledbury
Herefordshire
HR8 1AA





REGISTERED NUMBER: 07952824 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Ledbury Hardware Limited (Registered number: 07952824)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,721 -

CURRENT ASSETS
Stocks 55,237 43,468
Debtors 5 6,073 5,611
Cash at bank and in hand 24,647 25,201
85,957 74,280
CREDITORS
Amounts falling due within one year 6 30,284 22,581
NET CURRENT ASSETS 55,673 51,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,394

51,699

CREDITORS
Amounts falling due after more than one year 7 13,560 19,965
NET ASSETS 43,834 31,734

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Capital redemption reserve 10,000 10,000
Retained earnings 23,834 11,734
SHAREHOLDERS' FUNDS 43,834 31,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Ledbury Hardware Limited (Registered number: 07952824)

Balance Sheet - continued
28 February 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 21 November 2023 and were signed on its behalf by:





G Selway - Director


Ledbury Hardware Limited (Registered number: 07952824)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Ledbury Hardware 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 etc - 33% on cost and 20% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 7,741
Additions 1,878
At 28 February 2023 9,619
DEPRECIATION
At 1 March 2022 7,741
Charge for year 157
At 28 February 2023 7,898
NET BOOK VALUE
At 28 February 2023 1,721

Ledbury Hardware Limited (Registered number: 07952824)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 604 438
Other debtors 5,469 5,173
6,073 5,611

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 6,389 5,775
Trade creditors 13,814 10,602
Taxation and social security 4,460 5,563
Other creditors 5,621 641
30,284 22,581

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 13,560 19,965

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
J Pound and G Selway
Balance outstanding at start of year (624 ) (624 )
Amounts advanced 3,124 624
Amounts repaid (7,024 ) (624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,524 ) (624 )