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REGISTERED NUMBER: 13903589 (England and Wales)















Leighs Properties Limited

Unaudited Financial Statements

for the Period

9 February 2022 to 28 February 2023






Leighs Properties Limited (Registered number: 13903589)






Contents of the Financial Statements
for the Period 9 February 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Leighs Properties Limited

Company Information
for the Period 9 February 2022 to 28 February 2023







DIRECTOR: S Leigh





REGISTERED OFFICE: Highdale House 7 Centre Court
Main Avenue, Treforest Industrial Estate
Pontypridd
United Kingdom
CF37 5YR





REGISTERED NUMBER: 13903589 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Leighs Properties Limited (Registered number: 13903589)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 16,573
Investment property 5 201,595
218,168

CURRENT ASSETS
Debtors 6 875
Cash at bank 88,671
89,546
CREDITORS
Amounts falling due within one year 7 321,958
NET CURRENT LIABILITIES (232,412 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,244

)

RESERVES
Retained earnings (14,244 )
(14,244 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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 9 November 2023 and were signed by:





S Leigh - Director


Leighs Properties Limited (Registered number: 13903589)

Notes to the Financial Statements
for the Period 9 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

Leighs Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 21,500
At 28 February 2023 21,500
DEPRECIATION
Charge for period 4,927
At 28 February 2023 4,927
NET BOOK VALUE
At 28 February 2023 16,573

Leighs Properties Limited (Registered number: 13903589)

Notes to the Financial Statements - continued
for the Period 9 February 2022 to 28 February 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 201,595
At 28 February 2023 201,595
NET BOOK VALUE
At 28 February 2023 201,595

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 875

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 321,958