PTP Accounts Production v23.1.0.753 12311489 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure123114892022-11-30123114892023-11-30123114892022-12-012023-11-30123114892021-11-30123114892021-12-012022-11-30123114892022-11-3012311489ns15:EnglandWales2022-12-012023-11-3012311489ns14:PoundSterling2022-12-012023-11-3012311489ns10:Director12022-12-012023-11-3012311489ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3012311489ns10:SmallEntities2022-12-012023-11-3012311489ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3012311489ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3012311489ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3012311489ns10:FullAccounts2022-12-012023-11-3012311489ns10:CompanySecretary12022-12-012023-11-3012311489ns10:RegisteredOffice2022-12-012023-11-3012311489ns5:CurrentFinancialInstruments2023-11-3012311489ns5:CurrentFinancialInstruments2022-11-3012311489ns5:Non-currentFinancialInstruments2023-11-3012311489ns5:Non-currentFinancialInstruments2022-11-3012311489ns5:ShareCapital2023-11-3012311489ns5:ShareCapital2022-11-3012311489ns5:RetainedEarningsAccumulatedLosses2023-11-3012311489ns5:RetainedEarningsAccumulatedLosses2022-11-3012311489ns5:PlantMachinery2022-11-3012311489ns5:PlantMachinery2022-12-012023-11-3012311489ns5:PlantMachinery2023-11-3012311489ns5:PlantMachinery2022-11-30
REGISTERED NUMBER: 12311489 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Lees Custom Woodwork Ltd

Lees Custom Woodwork Ltd (Registered number: 12311489)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lees Custom Woodwork Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: L Thompson





SECRETARY:





REGISTERED OFFICE: 4 Embleton Avenue
South Shields
Tyne and Wear
NE34 7TR





REGISTERED NUMBER: 12311489 (England and Wales)





ACCOUNTANTS: Grosvenor Business and Accountancy Services Ltd
Unit 214
South Shields Business Works
Henry Robson Way
South Shields
Tyne and Wear
NE33 1RF

Lees Custom Woodwork Ltd (Registered number: 12311489)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,496 17,995

CURRENT ASSETS
Cash at bank and in hand 11,602 8,889

CREDITORS
Amounts falling due within one year 5 12,146 6,625
NET CURRENT (LIABILITIES)/ASSETS (544 ) 2,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,952

20,259

CREDITORS
Amounts falling due after more than one
year

6

12,691

20,048
NET ASSETS 261 211

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 260 210
261 211

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:




L Thompson - Director


Lees Custom Woodwork Ltd (Registered number: 12311489)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Lees Custom Woodwork Ltd 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.

Taxation
Taxation for the year 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Lees Custom Woodwork Ltd (Registered number: 12311489)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 23,994
DEPRECIATION
At 1 December 2022 5,999
Charge for year 4,499
At 30 November 2023 10,498
NET BOOK VALUE
At 30 November 2023 13,496
At 30 November 2022 17,995

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 2,489 -
Hire purchase contracts 5,540 5,540
Trade creditors - 1
Taxation and social security 3,567 534
Other creditors 550 550
12,146 6,625

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 3,499
Hire purchase contracts 12,691 16,549
12,691 20,048