IRIS Accounts Production v26.1.10.61 03571313 Board of Directors 1.4.25 31.3.26 31.3.26 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03571313 2025-03-31 03571313 2026-03-31 03571313 2025-04-01 2026-03-31 03571313 2024-03-31 03571313 2024-04-01 2025-03-31 03571313 2025-03-31 03571313 ns15:EnglandWales 2025-04-01 2026-03-31 03571313 ns14:PoundSterling 2025-04-01 2026-03-31 03571313 ns10:Director1 2025-04-01 2026-03-31 03571313 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03571313 ns10:SmallEntities 2025-04-01 2026-03-31 03571313 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03571313 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 03571313 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03571313 ns10:FullAccounts 2025-04-01 2026-03-31 03571313 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 03571313 ns10:Director2 2025-04-01 2026-03-31 03571313 ns10:CompanySecretary1 2025-04-01 2026-03-31 03571313 ns10:RegisteredOffice 2025-04-01 2026-03-31 03571313 ns5:CurrentFinancialInstruments 2026-03-31 03571313 ns5:CurrentFinancialInstruments 2025-03-31 03571313 ns5:Non-currentFinancialInstruments 2026-03-31 03571313 ns5:Non-currentFinancialInstruments 2025-03-31 03571313 ns5:ShareCapital 2026-03-31 03571313 ns5:ShareCapital 2025-03-31 03571313 ns5:CapitalRedemptionReserve 2026-03-31 03571313 ns5:CapitalRedemptionReserve 2025-03-31 03571313 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 03571313 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03571313 ns5:MotorVehicles 2025-04-01 2026-03-31 03571313 ns5:MotorVehicles 2025-03-31 03571313 ns5:MotorVehicles 2026-03-31 03571313 ns5:MotorVehicles 2025-03-31 03571313 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-03-31 03571313 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-04-01 2026-03-31 03571313 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2026-03-31 03571313 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-03-31 03571313 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 03571313 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03571313 ns5:CurrentFinancialInstruments 2025-04-01 2026-03-31 03571313 ns5:AcceleratedTaxDepreciationDeferredTax 2026-03-31 03571313 ns5:AcceleratedTaxDepreciationDeferredTax 2025-03-31 03571313 ns5:DeferredTaxation 2025-03-31 03571313 ns5:DeferredTaxation 2025-04-01 2026-03-31 03571313 ns5:DeferredTaxation 2026-03-31 03571313 ns10:OrdinaryShareClass1 2026-03-31 03571313 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03571313 ns5:CapitalRedemptionReserve 2025-03-31 03571313 ns5:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31

REGISTERED NUMBER: 03571313 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

LEARY BROTHERS LIMITED

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

LEARY BROTHERS LIMITED

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | C V Leary

| Mrs J Leary

| SECRETARY: | Mrs J Leary

| REGISTERED OFFICE: | 153-155 London Road

| Hemel Hempstead

| Hertfordshire

| HP3 9SQ

| REGISTERED NUMBER: | 03571313 (England and Wales)

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 113,200 |  | 129,936 |  |

CURRENT ASSETS

Stocks | 965,269 |  | 879,547 |  |

Debtors | 5 | 200,704 |  | 1,182,769 |  |

Cash at bank | 1,877,779 |  | 1,350,438 |  |

3,043,752 |  | 3,412,754 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,309,856 |  | 2,083,747 |  |

NET CURRENT ASSETS | 1,733,896 |  | 1,329,007 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,847,096 |  | 1,458,943 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (1,060 | ) |

PROVISIONS FOR LIABILITIES | 8 | (28,300 | ) | (32,484 | ) |

NET ASSETS | 1,818,796 |  | 1,425,399 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 2 |  | 2 |  |

Capital redemption reserve | 10 | 1 |  | 1 |  |

Retained earnings | 10 | 1,818,793 |  | 1,425,396 |  |

SHAREHOLDERS' FUNDS | 1,818,796 |  | 1,425,399 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Balance Sheet - continued

31 March 2026

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 31 July 2026 and were signed on its behalf by:

Mrs J Leary - Director

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Leary Brothers 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Assets acquired under hire purchase agreements and finance leases are capitalised in the balance sheet and are depreciated in accordance with the company's normal policy. The outstanding liabilities under such agreements less interest not yet due are included in creditors. Interest on such agreements is charged to the profit and loss account over the term of each agreement and represents a constant proportion of the balance of capital repayments outstanding.

| 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.

| Going concern

| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company, therefore, continues to adopt the going concern basis in preparing its financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2025 - 10 ) .

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| At 1 April 2025 | 304,723 |  |

| Additions | 29,395 |  |

| Disposals | (19,500 | ) |

| At 31 March 2026 | 314,618 |  |

| DEPRECIATION

| At 1 April 2025 | 174,787 |  |

| Charge for year | 46,131 |  |

| Eliminated on disposal | (19,500 | ) |

| At 31 March 2026 | 201,418 |  |

| NET BOOK VALUE

| At 31 March 2026 | 113,200 |  |

| At 31 March 2025 | 129,936 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 35,280 |  |

| DEPRECIATION

| At 1 April 2025 | 17,664 |  |

| Charge for year | 8,200 |  |

| At 31 March 2026 | 25,864 |  |

| NET BOOK VALUE

| At 31 March 2026 | 9,416 |  |

| At 31 March 2025 | 17,616 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 177,141 |  | 1,161,520 |  |

| Other debtors | 23,563 |  | 21,249 |  |

200,704 |  | 1,182,769 |  |

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Hire purchase contracts | 1,060 |  | 12,328 |  |

| Trade creditors | 397,016 |  | 342,210 |  |

| Taxation and social security | 290,054 |  | 517,020 |  |

| Other creditors | 621,726 |  | 1,212,189 |  |

1,309,856 |  | 2,083,747 |  |

| Other creditors includes an amount of £531,181 (2025: £945,633 which represents work billed on account of projects that were incomplete at the year end.

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Hire purchase contracts | - |  | 1,060 |  |

8. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax

| Accelerated capital allowances | 28,300 |  | 32,484 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 32,484 |  |

| Credit to Income Statement during year | (4,184 | ) |

| Balance at 31 March 2026 | 28,300 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 2 | Ordinary | £1 | 2 |  | 2 |  |

| During the year, one ordinary share was cancelled on the purchase of the share out of reserves by the company.

LEARY BROTHERS LIMITED (REGISTERED NUMBER: 03571313)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

10. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 April 2025 | 1,425,396 |  | 1 |  | 1,425,397 |  |

| Profit for the year | 543,397 |  | 543,397 |  |

| Dividends | (150,000 | ) | (150,000 | ) |

| At 31 March 2026 | 1,818,793 |  | 1 |  | 1,818,794 |  |