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Company Registration No. 10713844 (England and Wales)
LEE WATSON PLASTERING LTD Unaudited accounts for the year ended 30 April 2024
LEE WATSON PLASTERING LTD Unaudited accounts Contents
Page
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LEE WATSON PLASTERING LTD Company Information for the year ended 30 April 2024
Director
Katrina Watson
Company Number
10713844 (England and Wales)
Registered Office
AVICE ROYD HUNSHELF BANK STOCKSBRIDGE SHEFFIELD S36 2BS ENGLAND
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LEE WATSON PLASTERING LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
76,824 
94,589 
Current assets
Inventories
19,000 
104,000 
Debtors
100,080 
288,982 
Cash at bank and in hand
41,079 
(18,808)
160,159 
374,174 
Creditors: amounts falling due within one year
(99,242)
(297,601)
Net current assets
60,917 
76,573 
Total assets less current liabilities
137,741 
171,162 
Creditors: amounts falling due after more than one year
(161,713)
(82,686)
Net (liabilities)/assets
(23,972)
88,476 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(23,974)
88,474 
Shareholders' funds
(23,972)
88,476 
For the year ending 30 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 January 2025 and were signed on its behalf by
Katrina Watson Director Company Registration No. 10713844
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LEE WATSON PLASTERING LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
LEE WATSON PLASTERING LTD is a private company, limited by shares, registered in England and Wales, registration number 10713844. The registered office is AVICE ROYD HUNSHELF BANK, STOCKSBRIDGE, SHEFFIELD, S36 2BS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. These revised accounts replace the original accounts for the financial year ended 30 April 2022. These revised accounts now form the statutory accounts for the company prepared as at 30 January 2023 and accordingly do not deal with events between that date and the date of approval of the revised accounts.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
120,823 
100,983 
221,806 
At 30 April 2024
120,823 
100,983 
221,806 
Depreciation
At 1 May 2023
62,003 
65,214 
127,217 
Charge for the year
8,823 
8,942 
17,765 
At 30 April 2024
70,826 
74,156 
144,982 
Net book value
At 30 April 2024
49,997 
26,827 
76,824 
At 30 April 2023
58,820 
35,769 
94,589 
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LEE WATSON PLASTERING LTD Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
35,362 
64,237 
Trade debtors
- 
224,745 
Other debtors
14,701 
- 
50,063 
288,982 
Amounts falling due after more than one year
Trade debtors
50,017 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,031 
26,388 
VAT
1,552 
- 
Obligations under finance leases and hire purchase contracts
(180)
(180)
Trade creditors
134,958 
162,876 
Taxes and social security
875 
(6,998)
Other creditors
35,787 
84,561 
Loans from directors
(77,781)
29,454 
Accruals
1,000 
1,500 
99,242 
297,601 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
161,713 
82,686 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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