LEE PARMENTER CONTRACTORS LIMITED

Company Registration Number:
05560123 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

LEE PARMENTER CONTRACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes

LEE PARMENTER CONTRACTORS LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 645,377 220,853
Total fixed assets: 645,377 220,853
Current assets
Stocks: 4 38,363 20,059
Debtors: 5 452,128 481,739
Cash at bank and in hand: 309,687 335,963
Total current assets: 800,178 837,761
Creditors: amounts falling due within one year: 6 ( 370,860 ) ( 281,460 )
Net current assets (liabilities): 429,318 556,301
Total assets less current liabilities: 1,074,695 777,154
Creditors: amounts falling due after more than one year: 7 ( 222,341 ) ( 1,261 )
Provision for liabilities: ( 149,332 ) ( 44,337 )
Total net assets (liabilities): 703,022 731,556
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 703,021 731,555
Total Shareholders' funds: 703,022 731,556

The notes form part of these financial statements

LEE PARMENTER CONTRACTORS LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 April 2025
and signed on behalf of the board by:

Name: Mr L Parmenter
Status: Director

The notes form part of these financial statements

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery -15% reducing balance Motor vehicles -25% reducing balance Office equipment -33% reducing balance

    Valuation information and policy

    Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

    Other accounting policies

    a)The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. b) Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 7 7

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 279,210 1,210 223,268 503,688
Additions 0 617 617,606 618,223
Disposals
Revaluations
Transfers
At 31 October 2024 279,210 1,827 840,874 1,121,911
Depreciation
At 1 November 2023 117,329 403 165,103 282,835
Charge for year 24,282 474 168,943 193,699
On disposals
Other adjustments
At 31 October 2024 141,611 877 334,046 476,534
Net book value
At 31 October 2024 137,599 950 506,828 645,377
At 31 October 2023 161,881 807 58,165 220,853

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 38,363 20,059
Total 38,363 20,059

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Trade debtors 323,204 406,306
Other debtors 128,924 75,433
Total 452,128 481,739

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 97,921 189,215
Taxation and social security 9,771 64,676
Other creditors 263,168 27,569
Total 370,860 281,460

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 222,341 1,261
Total 222,341 1,261

LEE PARMENTER CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

8. Loans to directors

The Director's loan account remained in credit throughout the year: it is interest free, unsecured and repayable on demand.