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REGISTERED NUMBER: 12805132 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

LESLIE PARK ROAD LTD

LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

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










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


LESLIE PARK ROAD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr M Mehta





REGISTERED OFFICE: 505 Pinner Road
Harrow
HA2 6EH





REGISTERED NUMBER: 12805132 (England and Wales)





ACCOUNTANTS: STGCA LLP t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

LESLIE PARK ROAD LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
LESLIE PARK ROAD LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






STGCA LLP t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


1 August 2024

LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 698,392 1,211,109

CURRENT ASSETS
Debtors 5 18,000 3,000
Cash at bank 197 65
18,197 3,065
CREDITORS
Amounts falling due within one year 6 735,404 1,222,265
NET CURRENT LIABILITIES (717,207 ) (1,219,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(18,815

)

(8,091

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 (18,816 ) (8,092 )
SHAREHOLDERS' FUNDS (18,815 ) (8,091 )

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

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

LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

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 director and authorised for issue on 1 August 2024 and were signed by:





Mr M Mehta - Director


LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

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


1. STATUTORY INFORMATION

Leslie Park Road Ltd 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.

Investment property
Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation
Taxation for the year 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 year 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 year was 1 (2022 - 1 ) .

LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 1,211,109
Additions 425,460
Disposals (938,177 )
At 31 March 2023 698,392
NET BOOK VALUE
At 31 March 2023 698,392
At 31 March 2022 1,211,109

In the opinion of the directors the fair value of the investment properties as at 31 March 2023 is not significantly different to that stated above.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by connected companies 3,000 3,000
Other debtors 15,000 -
18,000 3,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans (see note 7) - 381,698
Amounts owed to connected companies 724,207 838,767
Accrued expenses 11,197 1,800
735,404 1,222,265

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans - 381,698

LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132)

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


8. RESERVES
Retained
earnings
£   

At 1 April 2022 (8,092 )
Deficit for the year (10,724 )
At 31 March 2023 (18,816 )

9. RELATED PARTY DISCLOSURES

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.

At the period end the company owed £704,208 (2022: £818,768) to Sterling Rose Developments Ltd, a company in which the director has beneficial interest. The amount owed is interest free and repayable on demand.
At the period end the company was owed £3,000 (2022 : 3,000 ) by 283 High Street Ltd, a company in which the director has beneficial interest. The amount owed is interest free and receivable on demand.