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Logo On Report
Registered Number: 08134793
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 July 2024

for

LEGGETT STRAW LTD

Directors Robert Leggett
Catherine Leggett
Registered Number 08134793
Registered Office Walnut Tree Farm
Ashbocking
Ipswich
Suffolk
IP6 9JX
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road
Woolpit
Bury St Edmunds
IP30 9QS
1
  2024   2023
    £ £   £ £
Current assets 215,294      92,765   
Creditors: amount falling due within one year (155,238)     (65,802)  
Net current assets   60,056      26,963 
Total assets less current liabilities   60,056      26,963 
Net assets   60,056      26,963 
 

         
Capital and reserves   60,056      26,963 
 
NOTES TO THE ACCOUNTS

General Information
Leggett Straw Ltd is a private company, limited by shares, registered in England and Wales, registration number 08134793, registration address Walnut Tree Farm, Ashbocking, Ipswich, Suffolk, IP6 9JX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).

3.

Related parties

During the year the company entered into the following transactions with related parties:
Amount due from/to related party Provision for doubtful debt from the related party
2024
£
 2023
£
 2024
£
 2023
£
PR and RH Leggett Limited(130,261)(42,759)
Mr R and Mrs C Leggett(15,597)(15,597)

At the year end the company owed the above amounts to PR and RH Leggett Ltd. All amounts have arisen under normal trading and do not attract interest. During the year the company purchased goods from PR and RH Leggett Ltd amounting to £251,189 (2023: £238,362)
At the year end the company owed the directors the above amounts on an interest free basis.

For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 24 March 2025 and were signed on its behalf by:


--------------------------------
Robert Leggett
Director
2