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REGISTERED NUMBER: 09972915 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

LEO & ROSE LIMITED

LEO & ROSE LIMITED (REGISTERED NUMBER: 09972915)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEO & ROSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R F Kilby





SECRETARY: M E Stopher





REGISTERED OFFICE: Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL





REGISTERED NUMBER: 09972915 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

LEO & ROSE LIMITED (REGISTERED NUMBER: 09972915)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Stocks 2,898,651 2,898,651

CREDITORS
Amounts falling due within one year 4 3,032,881 3,041,517
NET CURRENT LIABILITIES (134,230 ) (142,866 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(134,230

)

(142,866

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (134,330 ) (142,966 )
SHAREHOLDERS' FUNDS (134,230 ) (142,866 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 18 March 2024 and were signed by:





R F Kilby - Director


LEO & ROSE LIMITED (REGISTERED NUMBER: 09972915)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Leo & Rose 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

At each balance sheet date, stocks of properties are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed to group undertakings 2,692,589 2,655,893
Taxation and social security 2,026 20,498
Other creditors 338,266 365,126
3,032,881 3,041,517

5. SECURED DEBTS

The company's bankers hold a charge over the property owned by the company, in respect of a loan granted to another group member.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE PARENT COMPANY

The immediate and ultimate parent company is Fleetwood Developments Limited, a company registered in England and Wales.

These accounts present information about the company as an individual undertaking. Group accounts are not prepared because the group qualifies as a small group.

LEO & ROSE LIMITED (REGISTERED NUMBER: 09972915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


8. GOING CONCERN

At the year end the company had net liabilities of £134,230 (2022 - £142,866). The financial statements have been prepared on a going concern basis. The parent company is able to provide continued support to the company.

The financial statements do not include any adjustment that would result from the company not being a going concern.