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REGISTERED NUMBER: 07952824 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Ledbury Hardware Limited

Ledbury Hardware Limited (Registered number: 07952824)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ledbury Hardware Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: G Selway
J Pound





REGISTERED OFFICE: Bank House
2 Bank Crescent
Ledbury
Herefordshire
HR8 1AA





REGISTERED NUMBER: 07952824 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Ledbury Hardware Limited (Registered number: 07952824)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,346 1,721

CURRENT ASSETS
Stocks 68,752 55,237
Debtors 5 6,098 6,073
Cash at bank and in hand 30,141 24,647
104,991 85,957
CREDITORS
Amounts falling due within one year 6 31,066 30,284
NET CURRENT ASSETS 73,925 55,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,271

57,394

CREDITORS
Amounts falling due after more than one
year

7

7,595

13,560
NET ASSETS 67,676 43,834

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Capital redemption reserve 10,000 10,000
Retained earnings 47,676 23,834
SHAREHOLDERS' FUNDS 67,676 43,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Ledbury Hardware Limited (Registered number: 07952824)

Balance Sheet - continued
29 February 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 Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





G Selway - Director


Ledbury Hardware Limited (Registered number: 07952824)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Ledbury Hardware 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.

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 etc - 33% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 9,619
DEPRECIATION
At 1 March 2023 7,898
Charge for year 375
At 29 February 2024 8,273
NET BOOK VALUE
At 29 February 2024 1,346
At 28 February 2023 1,721

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 578 604
Other debtors 5,520 5,469
6,098 6,073

Ledbury Hardware Limited (Registered number: 07952824)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 6,389 6,389
Trade creditors 10,308 13,814
Taxation and social security 12,538 4,460
Other creditors 1,831 5,621
31,066 30,284

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 7,595 13,560

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
J Pound and G Selway
Balance outstanding at start of year (4,524 ) (624 )
Amounts advanced 3,712 3,124
Amounts repaid (984 ) (7,024 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,796 ) (4,524 )