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REGISTERED NUMBER: 12723668 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LE MAITRE LIMITED

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LE MAITRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs K M Cornacchia
R A I Wilson





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 12723668 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,752 28,014
Tangible assets 5 110,562 121,277
136,314 149,291

CURRENT ASSETS
Stocks 6 737,510 529,747
Debtors 7 475,102 251,613
Cash at bank and in hand 229,315 300,919
1,441,927 1,082,279
CREDITORS
Amounts falling due within one year 8 1,160,285 896,623
NET CURRENT ASSETS 281,642 185,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,956

334,947

PROVISIONS FOR LIABILITIES 9 27,640 25,260
NET ASSETS 390,316 309,687

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 390,216 309,587
SHAREHOLDERS' FUNDS 390,316 309,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

BALANCE SHEET - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





Mrs K M Cornacchia - Director


LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

LE MAITRE LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill is amortised at 6.5% per annum on reducing balance basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 34,800
AMORTISATION
At 1 April 2023 6,786
Amortisation for year 2,262
At 31 March 2024 9,048
NET BOOK VALUE
At 31 March 2024 25,752
At 31 March 2023 28,014

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 119,530 37,683 10,300 444 167,957
Additions 10,711 7,148 3,000 - 20,859
At 31 March 2024 130,241 44,831 13,300 444 188,816
DEPRECIATION
At 1 April 2023 32,256 9,644 4,646 134 46,680
Charge for year 24,496 5,280 1,731 67 31,574
At 31 March 2024 56,752 14,924 6,377 201 78,254
NET BOOK VALUE
At 31 March 2024 73,489 29,907 6,923 243 110,562
At 31 March 2023 87,274 28,039 5,654 310 121,277

6. STOCKS
2024 2023
£    £   
Stocks 737,510 529,747

LE MAITRE LIMITED (REGISTERED NUMBER: 12723668)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 352,281 123,563
Other debtors 1,341 40,000
Directors' current accounts 40,000 -
VAT 81,480 88,050
475,102 251,613

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 350,000 203,599
Tax 32,246 3,566
Social security and other taxes 123,619 33,649
Other creditors (1,483 ) -
Accruals and deferred income 655,903 655,809
1,160,285 896,623

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,640 25,260

Deferred
tax
£   
Balance at 1 April 2023 25,260
Charge to Income Statement during year 2,380
Balance at 31 March 2024 27,640

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2023 309,587
Profit for the year 80,629
At 31 March 2024 390,216