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REGISTERED NUMBER: 03150816 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Leybrook Limited

Leybrook Limited (Registered number: 03150816)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Leybrook Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: T P Swift
C Latham





SECRETARY: Ms J M Gregory





REGISTERED OFFICE: Units 21 & 22 Britannia Park
North Road Cobridge
Stoke On Trent
Staffordshire
ST6 2PZ





REGISTERED NUMBER: 03150816 (England and Wales)





ACCOUNTANTS: Bennett Brooks (Leek) Ltd
Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL

Leybrook Limited (Registered number: 03150816)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 31,244 28,739

CURRENT ASSETS
Stocks 76,150 95,750
Debtors 5 165,814 120,918
Cash at bank and in hand 52,429 14,152
294,393 230,820
CREDITORS
Amounts falling due within one year 6 (254,778 ) (183,380 )
NET CURRENT ASSETS 39,615 47,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,859

76,179

CREDITORS
Amounts falling due after more than one year 7 (25,832 ) (38,128 )

PROVISIONS FOR LIABILITIES (7,810 ) (5,460 )
NET ASSETS 37,217 32,591

CAPITAL AND RESERVES
Called up share capital 53 53
Capital redemption reserve 47 47
Retained earnings 37,117 32,491
37,217 32,591

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2024 and were signed on its behalf by:





T P Swift - Director


Leybrook Limited (Registered number: 03150816)

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

1. STATUTORY INFORMATION

Leybrook 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

Pension costs and other post-retirement benefits
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 7 (2022 - 8 ) .

Leybrook Limited (Registered number: 03150816)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2023 13,525 9,797 35,387 33,717 92,426
Additions - - 12,700 - 12,700
At 31 December 2023 13,525 9,797 48,087 33,717 105,126
DEPRECIATION
At 1 January 2023 10,384 8,985 15,234 29,084 63,687
Charge for year 473 123 8,213 1,386 10,195
At 31 December 2023 10,857 9,108 23,447 30,470 73,882
NET BOOK VALUE
At 31 December 2023 2,668 689 24,640 3,247 31,244
At 31 December 2022 3,141 812 20,153 4,633 28,739

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 165,814 118,256
Other debtors - 2,662
165,814 120,918

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 16,392 9,809
Hire purchase contracts 5,029 4,778
Trade creditors 160,641 128,195
Taxation and social security 65,362 30,374
Other creditors 7,354 10,224
254,778 183,380

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 21,003 28,270
Hire purchase contracts 4,829 9,858
25,832 38,128