IRIS Accounts Production v25.1.0.734 10338344 director 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103383442023-08-31103383442024-08-31103383442023-09-012024-08-31103383442022-08-31103383442022-09-012023-08-31103383442023-08-3110338344ns15:EnglandWales2023-09-012024-08-3110338344ns14:PoundSterling2023-09-012024-08-3110338344ns10:Director12023-09-012024-08-3110338344ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110338344ns10:SmallEntities2023-09-012024-08-3110338344ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3110338344ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110338344ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110338344ns10:FullAccounts2023-09-012024-08-3110338344ns10:OrdinaryShareClass12023-09-012024-08-3110338344ns10:RegisteredOffice2023-09-012024-08-3110338344ns5:CurrentFinancialInstruments2024-08-3110338344ns5:CurrentFinancialInstruments2023-08-3110338344ns5:Non-currentFinancialInstruments2024-08-3110338344ns5:Non-currentFinancialInstruments2023-08-3110338344ns5:ShareCapital2024-08-3110338344ns5:ShareCapital2023-08-3110338344ns5:RetainedEarningsAccumulatedLosses2024-08-3110338344ns5:RetainedEarningsAccumulatedLosses2023-08-3110338344ns5:PlantMachinery2023-09-012024-08-3110338344ns5:ComputerEquipment2023-09-012024-08-3110338344ns5:PlantMachinery2023-08-3110338344ns5:ComputerEquipment2023-08-3110338344ns5:PlantMachinery2024-08-3110338344ns5:ComputerEquipment2024-08-3110338344ns5:PlantMachinery2023-08-3110338344ns5:ComputerEquipment2023-08-3110338344ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3110338344ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3110338344ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-08-3110338344ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-08-3110338344ns10:OrdinaryShareClass12024-08-3110338344ns5:RetainedEarningsAccumulatedLosses2023-08-3110338344ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: 10338344 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LEIGH ELECTRICAL LIMITED

LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEIGH ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R P Verhoeff





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 10338344 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,225 9,634

CURRENT ASSETS
Stocks 334 293
Debtors 5 15,223 23,257
Cash at bank 36,973 41,793
52,530 65,343
CREDITORS
Amounts falling due within one year 6 48,994 53,962
NET CURRENT ASSETS 3,536 11,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,761

21,015

CREDITORS
Amounts falling due after more than one
year

7

8,500

14,576
NET ASSETS 2,261 6,439

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 9 2,061 6,239
SHAREHOLDERS' FUNDS 2,261 6,439

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)

BALANCE SHEET - continued
31 AUGUST 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 director and authorised for issue on 8 April 2025 and were signed by:





R P Verhoeff - Director


LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)

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

1. STATUTORY INFORMATION

Leigh Electrical 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)

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

4. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 23,124 1,972 25,096
DEPRECIATION
At 1 September 2023 13,490 1,972 15,462
Charge for year 2,409 - 2,409
At 31 August 2024 15,899 1,972 17,871
NET BOOK VALUE
At 31 August 2024 7,225 - 7,225
At 31 August 2023 9,634 - 9,634

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,700 10,777
Other debtors 8,523 12,480
15,223 23,257

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bounce back loan 6,000 6,000
Trade creditors 20,583 19,220
Tax 4,306 6,684
VAT 11,621 5,205
Directors' current accounts 4,884 4,943
Accrued expenses 1,600 11,910
48,994 53,962

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bounce back loan 8,500 14,576

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200

LEIGH ELECTRICAL LIMITED (REGISTERED NUMBER: 10338344)

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

9. RESERVES
Retained
earnings
£   

At 1 September 2023 6,239
Profit for the year 15,822
Dividends (20,000 )
At 31 August 2024 2,061