REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
FOR |
P W LEEMAN LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
FOR |
P W LEEMAN LIMITED |
P W LEEMAN LIMITED (REGISTERED NUMBER: 01241164) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
P W LEEMAN LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditor |
St James's House |
8 Overcliffe |
Gravesend |
Kent |
DA11 0HJ |
P W LEEMAN LIMITED (REGISTERED NUMBER: 01241164) |
BALANCE SHEET |
28 FEBRUARY 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Share premium |
Fair value reserves |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
P W LEEMAN LIMITED (REGISTERED NUMBER: 01241164) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
1. | STATUTORY INFORMATION |
P W Leeman Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts receivable for rent net of VAT. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment properties |
Investment properties are included in the financial statements at fair value. Gains and losses are recognised in the income statement. Deferred taxation is provided on these gains and losses at the rate expected to apply when the properties are sold. |
Current and deferred taxation |
Taxation for the period 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. |
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the Balance sheet date. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2022 |
Disposals | ( |
) |
At 28 February 2023 |
DEPRECIATION |
At 1 April 2022 |
Eliminated on disposal | ( |
) |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
P W LEEMAN LIMITED (REGISTERED NUMBER: 01241164) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2022 TO 28 FEBRUARY 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2022 |
and 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 31 March 2022 |
The investment properties have been measured at fair value which is the open market value of the properties. The fair value adjustment has been taken through to the profit and loss account. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary A | £1 | 16,666 | 16,666 |
Ordinary B | £1 | 50,000 | 50,000 |
Ordinary C | £1 | 11,000 | 11,000 |
Ordinary D | £1 | 971 | 971 |
Ordinary E | £1 | 11,000 | 11,000 |
89,637 | 89,637 |
Benfleet Scrap Co Limited acquired 33,333 Ordinary B shares, 9,215 Ordinary C shares and 11,000 Ordinary E shares on 21st November 2022. |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is the parent company Benfleet Scrap Co Limited, whose registered office is the same as P W Leeman Limited. |