IRIS Accounts Production v24.3.2.46 09569030 Board of Directors 1.12.23 30.11.24 30.11.24 true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095690302023-11-30095690302024-11-30095690302023-12-012024-11-30095690302022-11-30095690302022-12-012023-11-30095690302023-11-3009569030ns15:EnglandWales2023-12-012024-11-3009569030ns14:PoundSterling2023-12-012024-11-3009569030ns10:Director12023-12-012024-11-3009569030ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3009569030ns10:SmallEntities2023-12-012024-11-3009569030ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3009569030ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3009569030ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3009569030ns10:FullAccounts2023-12-012024-11-3009569030ns10:OrdinaryShareClass12023-12-012024-11-3009569030ns5:CurrentFinancialInstruments2024-11-3009569030ns5:CurrentFinancialInstruments2023-11-3009569030ns5:Non-currentFinancialInstruments2024-11-3009569030ns5:Non-currentFinancialInstruments2023-11-3009569030ns5:ShareCapital2024-11-3009569030ns5:ShareCapital2023-11-3009569030ns5:CapitalRedemptionReserve2024-11-3009569030ns5:CapitalRedemptionReserve2023-11-3009569030ns5:RetainedEarningsAccumulatedLosses2024-11-3009569030ns5:RetainedEarningsAccumulatedLosses2023-11-3009569030ns10:RegisteredOffice2023-12-012024-11-3009569030ns5:PlantMachinery2023-12-012024-11-3009569030ns5:FurnitureFittings2023-12-012024-11-3009569030ns5:MotorVehicles2023-12-012024-11-3009569030ns5:ComputerEquipment2023-12-012024-11-3009569030ns5:PlantMachinery2023-11-3009569030ns5:FurnitureFittings2023-11-3009569030ns5:MotorVehicles2023-11-3009569030ns5:ComputerEquipment2023-11-3009569030ns5:PlantMachinery2024-11-3009569030ns5:FurnitureFittings2024-11-3009569030ns5:MotorVehicles2024-11-3009569030ns5:ComputerEquipment2024-11-3009569030ns5:PlantMachinery2023-11-3009569030ns5:FurnitureFittings2023-11-3009569030ns5:MotorVehicles2023-11-3009569030ns5:ComputerEquipment2023-11-3009569030ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-3009569030ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-012024-11-3009569030ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-11-3009569030ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-3009569030ns5:CostValuation2023-11-3009569030ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3009569030ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3009569030ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 09569030 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Lees Brook Limited

Lees Brook Limited (Registered number: 09569030)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Lees Brook Limited (Registered number: 09569030)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 278,454 330,661
Investments 5 1,798 1,798
280,252 332,459

CURRENT ASSETS
Debtors 6 348,889 116,969
Cash at bank 356,943 180,340
705,832 297,309
CREDITORS
Amounts falling due within one year 7 508,104 147,100
NET CURRENT ASSETS 197,728 150,209
TOTAL ASSETS LESS CURRENT LIABILITIES 477,980 482,668

CREDITORS
Amounts falling due after more than one year 8 - 7,600
NET ASSETS 477,980 475,068

CAPITAL AND RESERVES
Called up share capital 10 1,296 1,296
Capital redemption reserve 502 502
Retained earnings 476,182 473,270
SHAREHOLDERS' FUNDS 477,980 475,068

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:




Mrs S L Hannington - Director


Lees Brook Limited (Registered number: 09569030)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Lees Brook Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09569030

Registered office: Acorn Street
Lees
Oldham
Lancashire
OL4 3DE

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax and is recognised in the period to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Lees Brook Limited (Registered number: 09569030)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 1,510,417 15,262 20,995 14,972 1,561,646
Disposals (24,000 ) - - - (24,000 )
At 30 November 2024 1,486,417 15,262 20,995 14,972 1,537,646
DEPRECIATION
At 1 December 2023 1,194,720 13,967 7,326 14,972 1,230,985
Charge for year 47,172 194 3,417 - 50,783
Eliminated on disposal (22,576 ) - - - (22,576 )
At 30 November 2024 1,219,316 14,161 10,743 14,972 1,259,192
NET BOOK VALUE
At 30 November 2024 267,101 1,101 10,252 - 278,454
At 30 November 2023 315,697 1,295 13,669 - 330,661

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 December 2023
and 30 November 2024 240,000
DEPRECIATION
At 1 December 2023 111,034
Charge for year 19,345
At 30 November 2024 130,379
NET BOOK VALUE
At 30 November 2024 109,621
At 30 November 2023 128,966

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023
and 30 November 2024 1,798
NET BOOK VALUE
At 30 November 2024 1,798
At 30 November 2023 1,798

Lees Brook Limited (Registered number: 09569030)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 348,504 103,504
Other debtors 385 13,465
348,889 116,969

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,600 45,600
Taxation and social security 79,440 70,415
Other creditors 421,064 31,085
508,104 147,100

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 7,600

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 7,600 53,200

Hire purchase liabilities are secured on the assets to which they relate.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,296 Ordinary £1 1,296 1,296

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with its wholly owned subsidiary.

12. ULTIMATE CONTROLLING PARTY

No one person has overall control of Lees Brook Limited.