E.Leondaki Limited 06464856 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is Dentistry Digita Accounts Production Advanced 6.30.9574.0 true 06464856 2022-04-01 2023-03-31 06464856 2023-03-31 06464856 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-03-31 06464856 bus:OrdinaryShareClass2 bus:Non-cumulativeShares 2023-03-31 06464856 bus:OrdinaryShareClass3 bus:Non-cumulativeShares 2023-03-31 06464856 core:CurrentFinancialInstruments 2023-03-31 06464856 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06464856 core:FurnitureFittingsToolsEquipment 2023-03-31 06464856 core:OtherPropertyPlantEquipment 2023-03-31 06464856 core:ParentEntities 2023-03-31 06464856 bus:SmallEntities 2022-04-01 2023-03-31 06464856 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06464856 bus:FullAccounts 2022-04-01 2023-03-31 06464856 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06464856 bus:RegisteredOffice 2022-04-01 2023-03-31 06464856 bus:Director1 2022-04-01 2023-03-31 06464856 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-04-01 2023-03-31 06464856 bus:OrdinaryShareClass2 bus:Non-cumulativeShares 2022-04-01 2023-03-31 06464856 bus:OrdinaryShareClass3 bus:Non-cumulativeShares 2022-04-01 2023-03-31 06464856 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06464856 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 06464856 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 06464856 core:PlantMachinery 2022-04-01 2023-03-31 06464856 core:ParentEntities 2022-04-01 2023-03-31 06464856 countries:UnitedKingdom 2022-04-01 2023-03-31 06464856 2022-03-31 06464856 core:FurnitureFittingsToolsEquipment 2022-03-31 06464856 core:OtherPropertyPlantEquipment 2022-03-31 06464856 core:ParentEntities 2022-03-31 06464856 2021-04-01 2022-03-31 06464856 2022-03-31 06464856 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-03-31 06464856 bus:OrdinaryShareClass2 bus:Non-cumulativeShares 2022-03-31 06464856 bus:OrdinaryShareClass3 bus:Non-cumulativeShares 2022-03-31 06464856 core:CurrentFinancialInstruments 2022-03-31 06464856 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06464856 core:FurnitureFittingsToolsEquipment 2022-03-31 06464856 core:OtherPropertyPlantEquipment 2022-03-31 06464856 core:ParentEntities 2022-03-31 06464856 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2021-04-01 2022-03-31 06464856 bus:OrdinaryShareClass2 bus:Non-cumulativeShares 2021-04-01 2022-03-31 06464856 bus:OrdinaryShareClass3 bus:Non-cumulativeShares 2021-04-01 2022-03-31 06464856 core:ParentEntities 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06464856

E.Leondaki Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

E.Leondaki Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

E.Leondaki Limited

Company Information

Director

Dr Anu Arora

Registered office

2 Priors Close
Maidenhead
SL6 2ER

Accountants

AIMS Accountants for Business
36 Wattleton Road
Beaconsfield
Bucks
HP9 1SE

 

E.Leondaki Limited

(Registration number: 06464856)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

16,622

2,986

Current assets

 

Debtors

5

311,302

171,620

Investments

6

27,050

-

Cash at bank and in hand

 

3,829

26,112

 

342,181

197,732

Creditors: Amounts falling due within one year

7

(52,828)

(76,850)

Net current assets

 

289,353

120,882

Net assets

 

305,975

123,868

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

305,875

123,768

Shareholders' funds

 

305,975

123,868

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 October 2023
 

.........................................
Dr Anu Arora
Director

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
2 Priors Close
Maidenhead
SL6 2ER

These financial statements were authorised for issue by the director on 25 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

20% Reducing balance

Plant and Machinery

20% Reducing balance

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2022 - 5).

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

37,357

-

37,357

Additions

-

17,792

17,792

At 31 March 2023

37,357

17,792

55,149

Depreciation

At 1 April 2022

34,371

-

34,371

Charge for the year

598

3,558

4,156

At 31 March 2023

34,969

3,558

38,527

Carrying amount

At 31 March 2023

2,388

14,234

16,622

At 31 March 2022

2,986

-

2,986

5

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

10,553

8,879

Amounts owed by related parties

10

297,129

162,741

Other debtors

 

3,620

-

   

311,302

171,620

6

Current asset investments

2023
£

2022
£

Other investments

27,050

-

7

Creditors

Creditors: amounts falling due within one year

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

2023
£

2022
£

Due within one year

Trade creditors

12,764

7,300

Taxation and social security

39,564

33,379

Accruals and deferred income

-

4,500

Other creditors

500

31,671

52,828

76,850

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

50

50

50

50

Ordinary A of £1 each

25

25

25

25

Ordinary B of £1 each

25

25

25

25

 

100

100

100

100

9

Dividends

Interim dividends paid

   

2023
£

 

2022
£

Interim dividend of £Nil (2022 - £1,707.46) per each Ordinary

 

-

 

85,373

Interim dividend of £Nil (2022 - £345.32) per each Ordinary A

 

-

 

8,633

Interim dividend of £Nil per each Ordinary B

 

-

 

-

   

-

 

94,006

10

Related party transactions

 

E.Leondaki Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

-

2,210

Loans to related parties

2023

Parent
£

Total
£

At start of period

162,740

162,740

Advanced

134,389

134,389

At end of period

297,129

297,129

2022

Parent
£

Total
£

Advanced

162,740

162,740

At end of period

162,740

162,740

Terms of loans to related parties

The loan to Gaps Care Limited is interest free and has no fixed repayment terms.