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REGISTERED NUMBER: 09382186 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Leading Edge Carpentry Ltd

Leading Edge Carpentry Ltd (Registered number: 09382186)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leading Edge Carpentry Ltd

Company Information
for the year ended 31 March 2024







DIRECTOR: Mr P Holden





REGISTERED OFFICE: Top Floor
Claridon House
London Road
Stanford - Le -Hope
Essex
SS17 0JU





REGISTERED NUMBER: 09382186 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Leading Edge Carpentry Ltd (Registered number: 09382186)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,179 13,568

CURRENT ASSETS
Debtors 5 101,322 183,761
Cash in hand 100 100
101,422 183,861
CREDITORS
Amounts falling due within one year 6 31,710 41,369
NET CURRENT ASSETS 69,712 142,492
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,891

156,060

CREDITORS
Amounts falling due after more than one
year

7

(25,535

)

(34,639

)

PROVISIONS FOR LIABILITIES - (2,578 )
NET ASSETS 64,356 118,843

Leading Edge Carpentry Ltd (Registered number: 09382186)

Balance Sheet - continued
31 March 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 64,256 118,743
SHAREHOLDERS' FUNDS 64,356 118,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:





Mr P Holden - Director


Leading Edge Carpentry Ltd (Registered number: 09382186)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Leading Edge Carpentry 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.
Plant and machinery - Straight line over 5 years
Motor vehicles - Straight line over 5 years

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.

Leading Edge Carpentry Ltd (Registered number: 09382186)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 13,305 22,611 35,916
Additions - 13,917 13,917
At 31 March 2024 13,305 36,528 49,833
DEPRECIATION
At 1 April 2023 13,304 9,044 22,348
Charge for year - 7,306 7,306
At 31 March 2024 13,304 16,350 29,654
NET BOOK VALUE
At 31 March 2024 1 20,178 20,179
At 31 March 2023 1 13,567 13,568

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,301 81,606
Other debtors 84,820 85,000
VAT 5,201 17,155
101,322 183,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,697 20,952
Hire purchase contracts 5,398 4,522
Tax - 10,098
Social security and other taxes 2,399 2,399
Directors' current accounts 81 78
Accrued expenses 135 3,320
31,710 41,369

Leading Edge Carpentry Ltd (Registered number: 09382186)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 13,333 23,333
Hire purchase contracts 12,202 11,306
25,535 34,639

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 118,743
Deficit for the year (54,487 )
At 31 March 2024 64,256

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Holden.