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
LEE WATSON PLASTERING LTD
Company Information
for the year ended 30 April 2024
Company Number
10713844 (England and Wales)
Registered Office
AVICE ROYD HUNSHELF BANK
STOCKSBRIDGE
SHEFFIELD
S36 2BS
ENGLAND
LEE WATSON PLASTERING LTD
Statement of financial position
as at 30 April 2024
Tangible assets
76,824
94,589
Inventories
19,000
104,000
Cash at bank and in hand
41,079
(18,808)
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
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
LEE WATSON PLASTERING LTD
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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.
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
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
At 30 April 2024
49,997
26,827
76,824
At 30 April 2023
58,820
35,769
94,589
LEE WATSON PLASTERING LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,031
26,388
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
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).