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REGISTERED NUMBER: 04921820 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

LEES INDUSTRIAL SERVICES LIMITED

LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEES INDUSTRIAL SERVICES LIMITED

Company Information
FOR THE YEAR ENDED 30 APRIL 2024







Directors: Mr K Lees
Mrs K D Lees





Registered office: Unit 11
Haydock Lane
Haydock Industrial Estate
St. Helens
Merseyside
WA11 9UY





Registered number: 04921820 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)

Balance Sheet
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,337 2,536
Tangible assets 5 134,342 32,484
Investments 6 60,000 60,000
196,679 95,020

CURRENT ASSETS
Stocks 11,253 6,000
Debtors 7 101,931 58,502
Cash at bank - 6,628
113,184 71,130
CREDITORS
Amounts falling due within one year 8 186,320 154,964
NET CURRENT LIABILITIES (73,136 ) (83,834 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,543

11,186

CREDITORS
Amounts falling due after more than one
year

9

(86,874

)

-

PROVISIONS FOR LIABILITIES 11 (3,418 ) (7,067 )
NET ASSETS 33,251 4,119

CAPITAL AND RESERVES
Called up share capital 12 400 400
Capital redemption reserve 200 200
Retained earnings 32,651 3,519
SHAREHOLDERS' FUNDS 33,251 4,119

LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)

Balance Sheet - continued
30 APRIL 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





Mrs K D Lees - Director


LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Lees Industrial Services 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.

Patents and licences
Patents are valued at cost less accumulated amortisation.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over the life of the lease
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% straight line
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Investments in associates
Investments in associate undertakings are recognised at cost.

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 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.

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.

LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 May 2023
and 30 April 2024 3,991
AMORTISATION
At 1 May 2023 1,455
Amortisation for year 199
At 30 April 2024 1,654
NET BOOK VALUE
At 30 April 2024 2,337
At 30 April 2023 2,536

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 8,355 106,776 24,360 144,333 283,824
Additions - - - 130,000 130,000
At 30 April 2024 8,355 106,776 24,360 274,333 413,824
DEPRECIATION
At 1 May 2023 4,139 92,422 20,965 133,814 251,340
Charge for year 844 2,153 849 24,296 28,142
At 30 April 2024 4,983 94,575 21,814 158,110 279,482
NET BOOK VALUE
At 30 April 2024 3,372 12,201 2,546 116,223 134,342
At 30 April 2023 4,216 14,354 3,395 10,519 32,484

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 May 2023
and 30 April 2024 60,000
NET BOOK VALUE
At 30 April 2024 60,000
At 30 April 2023 60,000

LEES INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 04921820)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 20,785 56,019
Amounts owed by connected parties 72,241 -
Other debtors 8,905 2,483
101,931 58,502

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 7,745 -
Hire purchase contracts 19,972 -
Trade creditors 45,022 23,414
Amounts owed to connected parties - 4,619
Taxation and social security 2,327 27,782
Other creditors 111,254 99,149
186,320 154,964

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 86,874 -

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 106,846 -

Hire purchases liabilities are secured against the asset to which they relate.

11. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax
Accelerated capital allowances 3,418 7,067

Deferred
tax
£   
Balance at 1 May 2023 7,067
Provided during year (3,649 )
Balance at 30 April 2024 3,418

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
400 Ordinary £1 400 400