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Company Registration No. 11275725 (England and Wales)
Leigh's Bees Limited Unaudited accounts for the year ended 31 December 2024
Leigh's Bees Limited Unaudited accounts Contents
Page
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Leigh's Bees Limited Company Information for the year ended 31 December 2024
Director
L M Goodsell
Company Number
11275725 (England and Wales)
Registered Office
NARFORD HALL NARFORD KING'S LYNN NORFOLK PE32 1JA UNITED KINGDOM
Accountants
Arithmo Accountancy Ltd Meadow Barn Low Road North Tuddenham, Dereham NORFOLK NR20 3AB
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Leigh's Bees Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
101,013 
102,561 
Current assets
Inventories
38,622 
53,037 
Debtors
9,988 
9,774 
Cash at bank and in hand
22,799 
29,090 
71,409 
91,901 
Creditors: amounts falling due within one year
(56,372)
(37,344)
Net current assets
15,037 
54,557 
Total assets less current liabilities
116,050 
157,118 
Creditors: amounts falling due after more than one year
(13,617)
(34,795)
Provisions for liabilities
Deferred tax
(25,253)
(17,570)
Net assets
77,180 
104,753 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
77,080 
104,653 
Shareholders' funds
77,180 
104,753 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 18 April 2025 and were signed on its behalf by
L M Goodsell Director Company Registration No. 11275725
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Leigh's Bees Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Leigh's Bees Limited is a private company, limited by shares, registered in England and Wales, registration number 11275725. The registered office is NARFORD HALL, NARFORD, KING'S LYNN, NORFOLK, PE32 1JA, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Reducing balance
Motor vehicles
15% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Leigh's Bees Limited Notes to the Accounts for the year ended 31 December 2024
Leased assets
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.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
5,000 
At 31 December 2024
5,000 
Amortisation
At 1 January 2024
5,000 
At 31 December 2024
5,000 
Net book value
At 31 December 2024
- 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
161,803 
Additions
13,597 
At 31 December 2024
175,400 
Depreciation
At 1 January 2024
59,242 
Charge for the year
20,935 
Surplus on revaluation
(5,790)
At 31 December 2024
74,387 
Net book value
At 31 December 2024
101,013 
At 31 December 2023
102,561 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
21,902 
22,642 
6
Transactions with related parties
During the period L M Goodsell, a director, continued to provide a loan to the company. At 31 December 2024 the loan stood at £17,315
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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