REGISTERED NUMBER: 06798589 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LEAVES BUILDING & MAINTENANCE

CONTRACTORS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr David Matthew Bravington

Mr Paul Richard Leaves

Mr Antony Leaves

SECRETARY:

Mrs Kay Lesley Leaves

REGISTERED OFFICE:

Unit 5 Oyster Estate Jackson Close

Farlington

Portsmouth

Hampshire

PO6 1QN

REGISTERED NUMBER:

06798589 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

343,076

454,388

343,076

454,388

CURRENT ASSETS

Stocks

187,794

312,190

Debtors: amounts falling due within one year

6

1,172,494

836,919

Cash at bank and in hand

20,086

359,560

1,380,374

1,508,669

CREDITORS

Amounts falling due within one year

7

874,355

1,029,976

NET CURRENT ASSETS

506,019

478,693

TOTAL ASSETS LESS CURRENT LIABILITIES

849,095

933,081

CREDITORS

Amounts falling due after more than one year

8

(140,839

)

(248,420

)

PROVISIONS FOR LIABILITIES

(84,842

)

(104,814

)

NET ASSETS

623,414

579,847

CAPITAL AND RESERVES

Called up share capital

9

200

135

Retained earnings

623,214

579,712

623,414

579,847

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

Mr David Matthew Bravington - Director

1.	STATUTORY INFORMATION

Leaves Building & Maintenance Contractors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation is provided on goodwill so as to write off the cost, less any estimated residual value, over their useful life as follows:

4 years straight line basis

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

20% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% 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.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

40,000

AMORTISATION

At 1 April 2024

and 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

32,738

910,880

943,618

Additions

1,000

20,506

21,506

Disposals

-

(60,175

)

(60,175

)

At 31 March 2025

33,738

871,211

904,949

DEPRECIATION

At 1 April 2024

30,528

458,702

489,230

Charge for year

920

109,363

110,283

Eliminated on disposal

-

(37,640

)

(37,640

)

At 31 March 2025

31,448

530,425

561,873

NET BOOK VALUE

At 31 March 2025

2,290

340,786

343,076

At 31 March 2024

2,210

452,178

454,388

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

654,678

830,833

Amounts owed by group undertakings

512,607

-

Other debtors

5,209

6,086

1,172,494

836,919

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

94,462

112,112

Trade creditors

348,179

489,401

Taxation and social security

339,114

413,885

Other creditors

92,600

14,578

874,355

1,029,976

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

140,839

248,420

9.	CALLED UP SHARE CAPITAL

During the financial period shareholdings C-F were transferred and converted into A and B shares. A further 65 ordinary A shares were issued. The final shareholdings at the year end are:

160 Ordinary A shares £160

40 Ordinary B shares £40

10.	OTHER FINANCIAL COMMITMENTS

During the financial period, the company entered into a debenture with a factoring company. The debenture includes fixed and floating charges which covers all the property and undertaking of the company, and a negative pledge.

During the financial period, 80% of the company's share capital was purchased by Dsdb Holdings Limited and a debenture was created, which includes fixed and floating charges over all property and undertaking of the company, and a negative pledge.

11.	ULTIMATE CONTROLLING PARTY

The company's immediate controlling party is Dsdb Holdings Limited by virtue of its ownership of 80% of the issued share capital in the company.