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REGISTERED NUMBER: 09789204 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Leith & Nicholls Ltd

Leith & Nicholls Ltd (Registered number: 09789204)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leith & Nicholls Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr D J Nicholls
Mr C N Plenderleith





REGISTERED OFFICE: Unit 4, The Crossroads
Freckleton Street
Preston
Lancashire
PR4 2SH





REGISTERED NUMBER: 09789204 (England and Wales)





ACCOUNTANTS: CCW Limited
Chartered Accountants
295/297 Church Street
Blackpool
Lancashire
FY1 3PJ

Leith & Nicholls Ltd (Registered number: 09789204)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,915

CURRENT ASSETS
Debtors 5 17,195 30,413
Cash at bank 2,810 913
20,005 31,326
CREDITORS
Amounts falling due within one year 6 32,238 33,594
NET CURRENT LIABILITIES (12,233 ) (2,268 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,233

)

647

CREDITORS
Amounts falling due after more than one
year

7

23,174

27,732
NET LIABILITIES (35,407 ) (27,085 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (35,507 ) (27,185 )
(35,407 ) (27,085 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Leith & Nicholls Ltd (Registered number: 09789204)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





Mr D J Nicholls - Director


Leith & Nicholls Ltd (Registered number: 09789204)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Leith & Nicholls Ltd 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 reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 5 ) .

Leith & Nicholls Ltd (Registered number: 09789204)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 4,394 3,163 7,557
DEPRECIATION
At 1 October 2023 3,311 1,331 4,642
Charge for year 1,083 1,832 2,915
At 30 September 2024 4,394 3,163 7,557
NET BOOK VALUE
At 30 September 2024 - - -
At 30 September 2023 1,083 1,832 2,915

5. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Trade debtors 2,793 11,494
Other debtors - 5,000
Directors' loan accounts 11,078 10,595
13,871 27,089

Amounts falling due after more than one year:
Tax 3,324 3,324

Aggregate amounts 17,195 30,413

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 4,485 4,462
Hire purchase contracts - 235
Trade creditors 19 1,508
Tax 6,534 6,534
Social security and other taxes 724 828
Other creditors 20,000 20,000
Accrued expenses 476 27
32,238 33,594

Leith & Nicholls Ltd (Registered number: 09789204)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 4,485 4,462
Bank loans - 2-5 years 13,456 13,456
Bank loans more 5 yr by instal 5,233 9,814
23,174 27,732

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,233 9,814