REGISTERED NUMBER: 09198700 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28th February 2025

for

Lee Mayor Restoration & Sales Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L A Mayor

REGISTERED OFFICE:

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

REGISTERED NUMBER:

09198700 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

15,083

17,744

CURRENT ASSETS

Stocks

65,806

87,205

Debtors

5

7,507

34,388

Cash at bank and in hand

25,240

8,124

98,553

129,717

CREDITORS

Amounts falling due within one year

6

10,741

32,415

NET CURRENT ASSETS

87,812

97,302

TOTAL ASSETS LESS CURRENT LIABILITIES

102,895

115,046

CREDITORS

Amounts falling due after more than one year

7

(87,542

)

(91,645

)

PROVISIONS FOR LIABILITIES

(1,818

)

(3,371

)

NET ASSETS

13,535

20,030

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,435

19,930

SHAREHOLDERS' FUNDS

13,535

20,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

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 director and authorised for issue on 23rd September 2025 and were signed by:

Mr L A Mayor - Director

1.	STATUTORY INFORMATION

Lee Mayor Restoration & Sales 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 etc

-

15% on reducing balance

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2024

and 28th February 2025

31,636

DEPRECIATION

At 1st March 2024

13,892

Charge for year

2,661

At 28th February 2025

16,553

NET BOOK VALUE

At 28th February 2025

15,083

At 29th February 2024

17,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,401

29,113

Other debtors

3,106

5,275

7,507

34,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,680

4,680

Trade creditors

747

217

Taxation and social security

-

950

Other creditors

5,314

26,568

10,741

32,415

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

17,542

21,645

Other creditors

70,000

70,000

87,542

91,645

No security was required for the bank loan.

8.	RELATED PARTY DISCLOSURES

The director has loaned the company monies on which no interest is charged by agreement. The balance outstanding at the accounting period end of £73,018 (2024 - £93,248) of which £3,018 (2024 - £23,248) is included within creditors due within one year and £70,000 (2024 - £70,000) is included within creditors due after more than one year

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr L A Mayor.