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Leafbud Limited

Financial Statements for the Year Ended 31 March 2025






Leafbud Limited (Registered number: 02365305)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leafbud Limited

Company Information
for the year ended 31 March 2025







DIRECTORS: Mrs G K Chapman
Mr M Watson





REGISTERED OFFICE: Red Sky House
Fairclough Hall
Halls Green
Weston
Hertfordshire
SG4 7DP





REGISTERED NUMBER: 02365305 (England and Wales)





ACCOUNTANTS: Hargreaves Owen Ltd
Chartered Certified Accountants
Red Sky House
Fairclough Hall, Halls Green
Weston
Hertfordshire
SG4 7DP

Leafbud Limited (Registered number: 02365305)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 618 925

CURRENT ASSETS
Stocks 18,750 -
Debtors 5 - 900
Cash at bank 192,876 137,064
211,626 137,964
CREDITORS
Amounts falling due within one year 6 69,408 48,631
NET CURRENT ASSETS 142,218 89,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,836

90,258

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 142,832 90,254
SHAREHOLDERS' FUNDS 142,836 90,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Leafbud Limited (Registered number: 02365305)

Balance Sheet - continued
31 March 2025


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 6 May 2025 and were signed on its behalf by:





Mrs G K Chapman - Director


Leafbud Limited (Registered number: 02365305)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Leafbud 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.
Plant and machinery - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2024
and 31 March 2025 1,233
DEPRECIATION
At 1 April 2024 308
Charge for year 307
At 31 March 2025 615
NET BOOK VALUE
At 31 March 2025 618
At 31 March 2024 925

Leafbud Limited (Registered number: 02365305)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 750
Corporation tax 40,862 32,264
VAT 2,941 10,778
Directors' current accounts 24,605 3,839
Accrued expenses 1,000 1,000
69,408 48,631