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REGISTERED NUMBER: 00132129 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Lea Boxes Ltd

Lea Boxes Ltd (Registered number: 00132129)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lea Boxes Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: S A Ball





REGISTERED OFFICE: Unit 8, Sundon Business Park
Dencora Way
Luton
Bedfordshire
LU3 3HP





REGISTERED NUMBER: 00132129 (England and Wales)





ACCOUNTANTS: Godfrey Laws & Co Limited
1 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

Lea Boxes Ltd (Registered number: 00132129)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 210,396 260,275

CURRENT ASSETS
Stocks 27,726 40,990
Debtors 5 426,643 700,503
Cash at bank 457,710 196,120
912,079 937,613
CREDITORS
Amounts falling due within one year 6 505,849 620,978
NET CURRENT ASSETS 406,230 316,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

616,626

576,910

CREDITORS
Amounts falling due after more than one
year

7

(14,798

)

(38,904

)

PROVISIONS FOR LIABILITIES (40,175 ) (50,672 )
NET ASSETS 561,653 487,334

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Capital redemption reserve 1,500 1,500
Other reserves 3,000 3,000
Retained earnings 555,653 481,334
SHAREHOLDERS' FUNDS 561,653 487,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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

Lea Boxes Ltd (Registered number: 00132129)

Balance Sheet - continued
30 June 2024


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 20 September 2024 and were signed by:





S A Ball - Director


Lea Boxes Ltd (Registered number: 00132129)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Lea Boxes 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 or, if held under a finance lease, over the lease term, whichever is the shorter.


Motor Vehicles 25% on w.d.v.

Plant and Equipment 20% on w.d.v.

Fixtures and Fittings 20% on w.d.v.


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.

Lea Boxes Ltd (Registered number: 00132129)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.


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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 8,433 455,344 463,777
Additions - 4,844 4,844
At 30 June 2024 8,433 460,188 468,621
DEPRECIATION
At 1 July 2023 - 203,502 203,502
Charge for year - 54,723 54,723
At 30 June 2024 - 258,225 258,225
NET BOOK VALUE
At 30 June 2024 8,433 201,963 210,396
At 30 June 2023 8,433 251,842 260,275

Lea Boxes Ltd (Registered number: 00132129)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 167,176
Transfer to ownership (19,783 )
At 30 June 2024 147,393
DEPRECIATION
At 1 July 2023 66,584
Charge for year 20,654
Transfer to ownership (9,654 )
At 30 June 2024 77,584
NET BOOK VALUE
At 30 June 2024 69,809
At 30 June 2023 100,592

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 373,124 642,966
Other debtors 38,219 42,237
411,343 685,203

Amounts falling due after more than one year:
Other debtors 15,300 15,300

Aggregate amounts 426,643 700,503

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 24,105 27,831
Trade creditors 189,130 320,226
Taxation and social security 141,867 119,380
Other creditors 150,747 153,541
505,849 620,978

Lea Boxes Ltd (Registered number: 00132129)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 14,798 38,904

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
S A Ball
Balance outstanding at start of year (86,193 ) (148,593 )
Amounts advanced 153,459 201,600
Amounts repaid (133,490 ) (139,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (66,224 ) (86,193 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S A Ball.

10. CHARGES

A charge exists in relation to the rent deposit deed.