Leebus Auto Electrics Limited
|
Registered Number
:
04426374
|
For the year ended 05 April 2020
England and Wales
Unaudited Financial Statements
For the year ended 05 April 2020
Leebus Auto Electrics Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Leebus Auto Electrics Limited
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
20,173
14,732
2
20,173
14,732
5,640
Cash and cash equivalents
|
8,268
8,268
5,640
Trade and other payables
:
amounts falling due within one year
|
(7,036)
(7,965)
3
(1,396)
303
Net current assets
Total assets less current liabilities
|
20,476
13,336
Trade and other payables
:
amounts falling due after more than one
|
year
|
-
(2,730)
4
(3,833)
(2,946)
Provisions for liabilities
|
13,913
Net assets
10,390
1
1
13,912
10,389
13,913
10,390
Shareholders' funds
For the year ended 05 April 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 05 April 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr L A Weightman Director
|
These financial statements were approved and authorised for issue by the Board on 11 November 2020 and were signed by:
|
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For the year ended 05 April 2020
Leebus Auto Electrics Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 4
For the year ended 05 April 2020
Leebus Auto Electrics Limited
Notes to the Financial Statements
Statutory Information
Leebus Auto Electrics Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
04426374
.
|
25 Rainborough Court
Brampton Bierlow
Rotherham
S63 6LR
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
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.
|
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
3 of 4
For the year ended 05 April 2020
Leebus Auto Electrics Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
39,680
3,378
17,625
18,677
18,119
979
14,000
3,140
-
(17,625)
-
(17,625)
21,817
14,000
4,357
40,174
Provision for depreciation and impairment
|
24,948
2,845
9,805
12,298
Charge for year
4,858
378
2,100
2,380
(9,805)
-
(9,805)
-
20,001
3,223
2,100
14,678
7,139
11,900
1,134
20,173
6,379
7,820
533
14,732
3
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
Taxation and social security
|
3,541
3,676
4,424
3,360
7,965
7,036
4
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2020
2,730
-
5
.
Average number of persons employed
|
During the year the average number of employees was 1 (2019 : 1)
4 of 4