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REGISTERED NUMBER: 05052712 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

MARTIN LEIGHFIELD LIMITED

MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARTIN LEIGHFIELD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: M Leighfield





REGISTERED OFFICE: 3rd Floor
86 - 90 Paul Street
London
EC2A 4NE





REGISTERED NUMBER: 05052712 (England and Wales)





ACCOUNTANTS: Cooper Parry Advisory Limited
First Floor, Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU

MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 876 2,379
876 2,379

CURRENT ASSETS
Stocks 11,428 3,817
Debtors 6 2,105 7,911
Cash at bank 22,305 59,160
35,838 70,888
CREDITORS
Amounts falling due within one year 7 23,525 36,299
NET CURRENT ASSETS 12,313 34,589
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,189

36,968

CREDITORS
Amounts falling due after more than one
year

8

(8,413

)

(17,670

)

PROVISIONS FOR LIABILITIES (166 ) (452 )
NET ASSETS 4,610 18,846

CAPITAL AND RESERVES
Called up share capital 10 5 5
Retained earnings 4,605 18,841
SHAREHOLDERS' FUNDS 4,610 18,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

BALANCE SHEET - continued
31 JULY 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 and authorised for issue by the director and authorised for issue on 28 July 2025 and were signed by:





M Leighfield - Director


MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Martin Leighfield 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on cost
Office equipment - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
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.

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 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 August 2023
and 31 July 2024 37,300
AMORTISATION
At 1 August 2023
and 31 July 2024 37,300
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£ £ £ £
COST
At 1 August 2023 62,506 2,958 4,495 69,959
Disposals (6,500 ) (662 ) - (7,162 )
At 31 July 2024 56,006 2,296 4,495 62,797
DEPRECIATION
At 1 August 2023 60,367 2,718 4,495 67,580
Charge for year 1,429 75 - 1,504
Eliminated on disposal (6,500 ) (663 ) - (7,163 )
At 31 July 2024 55,296 2,130 4,495 61,921
NET BOOK VALUE
At 31 July 2024 710 166 - 876
At 31 July 2023 2,139 240 - 2,379

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 6,000
Prepayments 2,105 1,911
2,105 7,911

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 9,846 10,318
Trade creditors 1,226 1,109
Corporation tax 5,422 6,679
Social security and other taxes 324 413
VAT 2,574 9,221
Other creditors 1,146 1,349
Directors' current accounts 903 2,530
Accruals & deferred income 2,084 4,680
23,525 36,299

MARTIN LEIGHFIELD LIMITED (REGISTERED NUMBER: 05052712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 1-2 years 8,413 10,530
Bank loans - 2-5 years - 7,140
8,413 17,670

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 13,038 -
Between one and five years 48,892 -
61,930 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
5 Ordinary A, B & C £1 5 5