LEXCONS CONSTRUCTION LTD

Company Registration Number:
13774542 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

LEXCONS CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LEXCONS CONSTRUCTION LTD

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 7,257,070 6,597,336
Cost of sales: ( 3,773,677 ) ( 3,364,641 )
Gross profit(or loss): 3,483,393 3,232,695
Distribution costs: ( 247,321 ) ( 242,452 )
Administrative expenses: ( 452,841 ) ( 387,923 )
Other operating income: 0 0
Operating profit(or loss): 2,783,231 2,602,320
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,783,231 2,602,320
Tax: ( 528,814 ) ( 494,441 )
Profit(or loss) for the financial year: 2,254,417 2,107,879

LEXCONS CONSTRUCTION LTD

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 1,475,008 1,475,008
Tangible assets: 4 2,628,914 1,005,750
Investments: 5 900,000 900,000
Total fixed assets: 5,003,922 3,380,758
Current assets
Stocks: 6 1,319,867 754,550
Debtors: 7 797,437 395,054
Cash at bank and in hand: 1,741,822 1,866,558
Investments: 8 900,000 900,000
Total current assets: 4,759,126 3,916,162
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 9 ( 2,756,711 ) ( 2,545,000 )
Net current assets (liabilities): 2,002,415 1,371,162
Total assets less current liabilities: 7,006,337 4,751,920
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 500,000 ) ( 500,000 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 6,506,337 4,251,920
Capital and reserves
Called up share capital: 1,000,000 1,000,000
Share premium account: 0 0
Other reserves: 900,000 900,000
Profit and loss account: 4,606,337 2,351,920
Total Shareholders' funds: 6,506,337 4,251,920

The notes form part of these financial statements

LEXCONS CONSTRUCTION LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 November 2024
and signed on behalf of the board by:

Name: Sean Dominic Gillespie
Status: Director

The notes form part of these financial statements

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Straight line depreciation Land and buildings - Plant and machinery 20% Office equipment 25% Motor Vehicles 25%

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 233 187

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 1,475,008 1,475,008
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 1,475,008 1,475,008
Amortisation
At 1 December 2022 0 0
Charge for year
On disposals
Other adjustments
At 30 November 2023 0 0
Net book value
At 30 November 2023 1,475,008 1,475,008
At 30 November 2022 1,475,008 1,475,008

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 1,005,750 0 0 0 1,005,750
Additions 486,949 811,582 216,422 432,844 1,947,797
Disposals
Revaluations
Transfers
At 30 November 2023 1,492,699 811,582 216,422 432,844 2,953,547
Depreciation
At 1 December 2022 0 0 0 0
Charge for year 162,316 54,106 108,211 324,633
On disposals
Other adjustments
At 30 November 2023 162,316 54,106 108,211 324,633
Net book value
At 30 November 2023 1,492,699 649,266 162,316 324,633 2,628,914
At 30 November 2022 1,005,750 0 0 0 1,005,750

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Fixed assets investments note

Fixed assets are recorded on the company's balance sheet, usually with the "land and buildings, plant and machinery, office equipment and motor vehicles" classification. Fixed assets are depreciated over their useful lives to reflect wear and tear and to reduce the cost of the assets on the balance sheet

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Stocks

2023 2022
£ £
Stocks 1,319,867 754,550
Payments on account 0 0
Total 1,319,867 754,550

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7. Debtors

2023 2022
£ £
Trade debtors 797,437 395,054
Total 797,437 395,054

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

8. Current assets investments note

Current asset investments are investments which are held for resale or pending their sale and cash or cash equivalents with a maturity date of less than a year

LEXCONS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

9. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,227,897 2,050,559
Taxation and social security 528,814 494,441
Total 2,756,711 2,545,000