Company Registration No. 08233254 (England and Wales)
Lehane Earthmoving Limited
Unaudited accounts
for the year ended 30 September 2024
Lehane Earthmoving Limited
Unaudited accounts
Contents
Lehane Earthmoving Limited
Company Information
for the year ended 30 September 2024
Directors
Jacqueline G Hathaway
Michael Lehane
Company Number
08233254 (England and Wales)
Registered Office
Unit 15, Whitwick Business Centre
Stenson Road
Coalville
Leicestershire
LE67 4JP
Accountants
121 Local Accounting Ltd
Unit 15, Whitwick Business Centre
Stenson Road
Coalville
Leicestershire
LE67 4JP
Lehane Earthmoving Limited
Statement of financial position
as at 30 September 2024
Tangible assets
64,218
85,625
Cash at bank and in hand
1,566
49,272
Creditors: amounts falling due within one year
(80,805)
(123,740)
Net current liabilities
(31,469)
(32,660)
Total assets less current liabilities
32,749
52,965
Provisions for liabilities
Deferred tax
(16,055)
(21,407)
Called up share capital
100
100
Profit and loss account
16,594
31,458
Shareholders' funds
16,694
31,558
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by
Jacqueline G Hathaway
Director
Company Registration No. 08233254
Lehane Earthmoving Limited
Notes to the Accounts
for the year ended 30 September 2024
Lehane Earthmoving Limited is a private company, limited by shares, registered in England and Wales, registration number 08233254. The registered office is Unit 15, Whitwick Business Centre, Stenson Road, Coalville, Leicestershire, LE67 4JP.
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.
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Lehane Earthmoving Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
370,985
47,300
1,914
420,199
At 30 September 2024
370,985
47,300
1,914
420,199
At 1 October 2023
304,171
29,238
1,165
334,574
Charge for the year
16,704
4,516
187
21,407
At 30 September 2024
320,875
33,754
1,352
355,981
At 30 September 2024
50,110
13,546
562
64,218
At 30 September 2023
66,814
18,062
749
85,625
Amounts falling due within one year
Trade debtors
46,205
33,866
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
29,117
Trade creditors
11,426
26,456
Taxes and social security
4,674
1,234
Loans from directors
64,573
66,805
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).