2023-04-06 04426374 2024-04-05 04426374 2023-04-06 2024-04-05 04426374 2023-04-05 04426374 2022-04-06 2023-04-05 04426374 uk-core:WithinOneYear 2023-04-05 04426374 uk-core:WithinOneYear 2024-04-05 04426374 uk-core:ShareCapital 2024-04-05 04426374 uk-core:ShareCapital 2023-04-05 04426374 uk-core:RetainedEarningsAccumulatedLosses 2024-04-05 04426374 uk-core:RetainedEarningsAccumulatedLosses 2023-04-05 04426374 uk-bus:Director1 2023-04-06 2024-04-05 04426374 uk-core:ToolsEquipment 2023-04-06 2024-04-05 04426374 uk-core:ComputerEquipment 2023-04-06 2024-04-05 04426374 uk-core:CommercialMotorVehicles 2023-04-06 2024-04-05 04426374 uk-core:ComputerEquipment 2023-04-05 04426374 uk-core:CommercialMotorVehicles 2023-04-05 04426374 uk-core:ToolsEquipment 2023-04-05 04426374 uk-core:ToolsEquipment 2024-04-05 04426374 uk-core:CommercialMotorVehicles 2024-04-05 04426374 uk-core:ComputerEquipment 2024-04-05 04426374 uk-core:WithinOneYear 2024-04-05 04426374 uk-core:WithinOneYear 2023-04-05 04426374 2 uk-bus:Director1 2024-04-05 04426374 2 uk-bus:Director1 2023-04-05 04426374 2 uk-bus:Director1 2023-04-06 2024-04-05 04426374 3 uk-bus:Director1 2023-04-06 2024-04-05 04426374 3 uk-bus:Director1 2024-04-05 04426374 3 uk-bus:Director1 2023-04-05 iso4217:GBP xbrli:pure 04426374 uk-bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 04426374 uk-bus:FRS102 2023-04-06 2024-04-05 04426374 uk-bus:FilletedAccounts 2023-04-06 2024-04-05 04426374 uk-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05
Leebus Auto Electrics Limited
Registered Number:04426374
For the year ended 05 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 05 April 2024
Leebus Auto Electrics Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04426374
As at 05 April 2024
Leebus Auto Electrics Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
15,327
17,045
2
15,327
17,045
Current assets
Trade and other receivables
9,650
13,304
3
15,356
Cash and cash equivalents
10,006
23,310
25,006
Trade and other payables: amounts falling due within one year
(21,388)
(17,774)
4
3,618
5,536
Net current assets
Total assets less current liabilities
20,863
20,663
(2,913)
(3,239)
Provisions for liabilities
17,950
Net assets
17,424
Capital and reserves
Called up share capital
1
1
Retained earnings
17,949
17,423
17,950
17,424
Shareholders' funds
For the year ended 05 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 05 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr L A Weightman Director
These financial statements were approved and authorised for issue by the Board on 15 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 05 April 2024
Leebus Auto Electrics Limited
Notes to the Financial Statements
Statutory Information
Leebus Auto Electrics Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04426374.
Registered address:
25 Rainborough Court
Brampton Bierlow
Rotherham
S63 6LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
15% Reducing balance
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2 of 4
5
For the year ended 05 April 2024
Leebus Auto Electrics Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or valuation
At 06 April 2023
51,830
6,857
14,000
30,973
2,417
-
-
2,417
Additions
At 05 April 2024
33,390
14,000
6,857
54,247
Provision for depreciation and impairment
At 06 April 2023
34,785
5,259
6,692
22,834
Charge for year
4,135
400
1,096
2,639
At 05 April 2024
38,920
5,659
7,788
25,473
At 05 April 2024
Net book value
7,917
6,212
1,198
15,327
At 05 April 2023
8,139
7,308
1,598
17,045
3. Trade and other receivables
2023
2024
£
£
Other debtors
13,304
9,650
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
5,957
8,693
Taxation and social security
10,977
11,975
Other creditors
840
720
17,774
21,388
5. Directors advances and guarantees
At 06/04/2023
Loaned
Repaid
At 05/04/2024
£
£
£
£
Mr L A Weightman
-
9,650
-
-
Loan
9,628
9,650
9,628
9,650
9,628
19,300
9,628
9,650
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6
For the year ended 05 April 2024
Leebus Auto Electrics Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
4 of 4