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REGISTERED NUMBER: 12723668 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

LE MAITRE LIMITED

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LE MAITRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs K M Cornacchia
R A I Wilson





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 12723668 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,014 30,276
Tangible assets 5 121,277 38,250
149,291 68,526

CURRENT ASSETS
Stocks 6 529,747 190,000
Debtors 7 251,613 128,017
Cash at bank and in hand 300,919 170,628
1,082,279 488,645
CREDITORS
Amounts falling due within one year 8 896,623 308,524
NET CURRENT ASSETS 185,656 180,121
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,947

248,647

PROVISIONS FOR LIABILITIES 25,260 3,770
NET ASSETS 309,687 244,877

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 309,587 244,777
SHAREHOLDERS' FUNDS 309,687 244,877

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

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

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





Mrs K M Cornacchia - Director


LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

LE MAITRE 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.

Goodwill
Goodwill is amortised at 6.5% per annum on reducing balance basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% 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 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.

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

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 33 (2022 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 34,800
AMORTISATION
At 1 April 2022 4,524
Amortisation for year 2,262
At 31 March 2023 6,786
NET BOOK VALUE
At 31 March 2023 28,014
At 31 March 2022 30,276

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 34,170 13,177 10,300 444 58,091
Additions 85,360 24,506 - - 109,866
At 31 March 2023 119,530 37,683 10,300 444 167,957
DEPRECIATION
At 1 April 2022 12,814 3,097 3,863 67 19,841
Charge for year 19,442 6,547 783 67 26,839
At 31 March 2023 32,256 9,644 4,646 134 46,680
NET BOOK VALUE
At 31 March 2023 87,274 28,039 5,654 310 121,277
At 31 March 2022 21,356 10,080 6,437 377 38,250

6. STOCKS
2023 2022
£    £   
Stocks 529,747 190,000

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 123,563 128,017
Other debtors 40,000 -
VAT 88,050 -
251,613 128,017

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 203,599 41,720
Amounts owed to participating interests - 50,256
Tax 3,566 50,736
Social security and other taxes 33,649 21,703
VAT - 40,430
Other creditors - 480
Directors' current accounts - 36,199
Accruals and deferred income 655,809 67,000
896,623 308,524

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2022 244,777
Profit for the year 80,810
Dividends (16,000 )
At 31 March 2023 309,587