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REGISTERED NUMBER: 07509114 (England and Wales)











Unaudited Financial Statements

for the Period 31 March 2022 to 31 March 2023

for

Leofric Property Investment Limited

Leofric Property Investment Limited (Registered number: 07509114)






Contents of the Financial Statements
for the Period 31 March 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leofric Property Investment Limited

Company Information
for the Period 31 March 2022 to 31 March 2023







DIRECTORS: C A Christou
J Christou
A M Christou BSc(Hons) MRICS MFPW





REGISTERED OFFICE: Leofric House
Coventry
Warwickshire
CV3 1JN





REGISTERED NUMBER: 07509114 (England and Wales)





ACCOUNTANTS: Leigh Christou Ltd
Chartered Certified Accountants
Leofric House
Binley Road
Coventry
CV3 1JN

Leofric Property Investment Limited (Registered number: 07509114)

Balance Sheet
31 March 2023

31.3.23 30.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 190,099 30,330
Investment property 5 2,049,625 1,939,537
2,239,724 1,969,867

CURRENT ASSETS
Debtors 6 22,758 1,581
Prepayments and accrued income 2,250 2,250
Cash at bank 29,387 39,994
54,395 43,825
CREDITORS
Amounts falling due within one year 7 1,952,335 1,577,771
NET CURRENT LIABILITIES (1,897,940 ) (1,533,946 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,784

435,921

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 341,782 435,919
SHAREHOLDERS' FUNDS 341,784 435,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

Leofric Property Investment Limited (Registered number: 07509114)

Balance Sheet - continued
31 March 2023


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 9 November 2023 and were signed on its behalf by:





C A Christou - Director


Leofric Property Investment Limited (Registered number: 07509114)

Notes to the Financial Statements
for the Period 31 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

Leofric Property Investment 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2022 61,737
Additions 163,869
At 31 March 2023 225,606
DEPRECIATION
At 31 March 2022 31,407
Charge for period 4,100
At 31 March 2023 35,507
NET BOOK VALUE
At 31 March 2023 190,099
At 30 March 2022 30,330

Leofric Property Investment Limited (Registered number: 07509114)

Notes to the Financial Statements - continued
for the Period 31 March 2022 to 31 March 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 March 2022 1,939,537
Additions 110,088
At 31 March 2023 2,049,625
NET BOOK VALUE
At 31 March 2023 2,049,625
At 30 March 2022 1,939,537

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.3.22
£    £   
Trade debtors 2,077 1,000
Other debtors 20,681 581
22,758 1,581

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.3.22
£    £   
Trade creditors 10,305 8,560
Taxation and social security 360 23,795
Other creditors 1,941,670 1,545,416
1,952,335 1,577,771

8. ULTIMATE CONTROLLING PARTY

The controlling party is the Directors.