IRIS Accounts Production v23.4.0.336 01099282 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010992822022-04-30010992822023-04-30010992822022-05-012023-04-30010992822021-04-30010992822021-05-012022-04-30010992822022-04-3001099282ns15:EnglandWales2022-05-012023-04-3001099282ns14:PoundSterling2022-05-012023-04-3001099282ns10:Director12022-05-012023-04-3001099282ns10:PrivateLimitedCompanyLtd2022-05-012023-04-3001099282ns10:SmallEntities2022-05-012023-04-3001099282ns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3001099282ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3001099282ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-3001099282ns10:FullAccounts2022-05-012023-04-3001099282ns10:OrdinaryShareClass12022-05-012023-04-3001099282ns10:Director22022-05-012023-04-3001099282ns10:CompanySecretary12022-05-012023-04-3001099282ns10:RegisteredOffice2022-05-012023-04-3001099282ns5:CurrentFinancialInstruments2023-04-3001099282ns5:CurrentFinancialInstruments2022-04-3001099282ns5:Non-currentFinancialInstruments2023-04-3001099282ns5:Non-currentFinancialInstruments2022-04-3001099282ns5:ShareCapital2023-04-3001099282ns5:ShareCapital2022-04-3001099282ns5:SharePremium2023-04-3001099282ns5:SharePremium2022-04-3001099282ns5:CapitalRedemptionReserve2023-04-3001099282ns5:CapitalRedemptionReserve2022-04-3001099282ns5:RetainedEarningsAccumulatedLosses2023-04-3001099282ns5:RetainedEarningsAccumulatedLosses2022-04-3001099282ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-05-012023-04-3001099282ns5:PlantMachinery2022-05-012023-04-3001099282ns5:FurnitureFittings2022-05-012023-04-3001099282ns5:MotorVehicles2022-05-012023-04-3001099282ns5:LandBuildings2022-04-3001099282ns5:PlantMachinery2022-04-3001099282ns5:LandBuildings2022-05-012023-04-3001099282ns5:LandBuildings2023-04-3001099282ns5:PlantMachinery2023-04-3001099282ns5:LandBuildings2022-04-3001099282ns5:PlantMachinery2022-04-3001099282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3001099282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3001099282ns10:OrdinaryShareClass12023-04-30
REGISTERED NUMBER: 01099282 (England and Wales)






















Leakes Masonry Limited

Unaudited Financial Statements for the Year Ended 30th April 2023






Leakes Masonry Limited (Registered number: 01099282)






Contents of the Financial Statements
for the year ended 30th April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leakes Masonry Limited

Company Information
for the year ended 30th April 2023







DIRECTORS: Mrs D Christopher
R W Christopher





SECRETARY: Mrs D Christopher





REGISTERED OFFICE: 15 - 17 Eve Street
Louth
Lincolnshire
LN11 0LG





REGISTERED NUMBER: 01099282 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

Leakes Masonry Limited (Registered number: 01099282)

Balance Sheet
30th April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,925 26,675

CURRENT ASSETS
Stocks 5 57,564 85,244
Debtors 6 16,492 23,390
Cash at bank and in hand 11,294 16,596
85,350 125,230
CREDITORS
Amounts falling due within one year 7 86,640 126,743
NET CURRENT LIABILITIES (1,290 ) (1,513 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,635

25,162

CREDITORS
Amounts falling due after more than one
year

8

18,333

27,133
NET ASSETS/(LIABILITIES) 6,302 (1,971 )

CAPITAL AND RESERVES
Called up share capital 9 1,586 1,586
Share premium 29,449 29,449
Capital redemption reserve 414 414
Retained earnings (25,147 ) (33,420 )
SHAREHOLDERS' FUNDS 6,302 (1,971 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

Leakes Masonry Limited (Registered number: 01099282)

Balance Sheet - continued
30th April 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 3rd April 2024 and were signed on its behalf by:





Mrs D Christopher - Director


Leakes Masonry Limited (Registered number: 01099282)

Notes to the Financial Statements
for the year ended 30th April 2023

1. STATUTORY INFORMATION

Leakes Masonry 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 represents the value, excluding value added tax, of goods and services supplied to customers during the year.


Depreciation
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.
Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stock and work in progress is stated at the lower of cost and net realisable value. Cost represents that expenditure which has been incurred in the normal course of business in bringing the product or service to its present location and condition. In the case of raw materials, cost means purchase price including transport and handling costs, less trade discounts, calculated on a first in first out basis. In the case of work in progress and finished goods, cost consists of direct materials, direct labour and attributable overheads based on normal levels of activity.

Net realisable value means estimated selling price less all further costs to completion and all costs incurred in marketing, selling and distribution.


Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Leakes Masonry Limited (Registered number: 01099282)

Notes to the Financial Statements - continued
for the year ended 30th April 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.

Pension costs and other post-retirement benefits
The company participates in a defined contribution pension scheme for the directors of the company. Contributions to provide pensions and related benefits are charged to the profit and loss account in the year of payment.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2022 41,333 306,773 348,106
Additions - 2,669 2,669
Disposals - (37,996 ) (37,996 )
At 30th April 2023 41,333 271,446 312,779
DEPRECIATION
At 1st May 2022 24,256 297,175 321,431
Charge for year 826 2,593 3,419
Eliminated on disposal - (37,996 ) (37,996 )
At 30th April 2023 25,082 261,772 286,854
NET BOOK VALUE
At 30th April 2023 16,251 9,674 25,925
At 30th April 2022 17,077 9,598 26,675


5. STOCKS
2023 2022
£    £   
Building and monumental goods for resale 57,564 85,244

Leakes Masonry Limited (Registered number: 01099282)

Notes to the Financial Statements - continued
for the year ended 30th April 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,131 4,299
Other debtors 11,361 19,091
16,492 23,390

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,800 8,800
Trade creditors 1,773 10,112
Taxation and social security 10,050 11,062
Other creditors 66,017 96,769
86,640 126,743

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 18,333 27,133

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,586 Ordinary £1 1,586 1,586

10. RELATED PARTY DISCLOSURES

Included in other creditors at 30th April 2023 is a balance due to the directors, Mrs D and R W Christopher totalling £247. There was a balance of £8,650 within other debtors due from the directors in 2022.