LEOPARD FINCO LIMITED

Company Registration Number:
11511084 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

LEOPARD FINCO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

LEOPARD FINCO LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Current assets
Debtors:   380 16,753,036
Cash at bank and in hand: 40,013 7,080
Total current assets: 40,393 16,760,116
Creditors: amounts falling due within one year: 3 (16,571,542) (19,462,701)
Net current assets (liabilities): (16,531,149) (2,702,585)
Total assets less current liabilities: (16,531,149) (2,702,585)
Total net assets (liabilities): (16,531,149) (2,702,585)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (16,531,249) (2,702,685)
Shareholders funds: (16,531,149) (2,702,585)

The notes form part of these financial statements

LEOPARD FINCO LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2024
and signed on behalf of the board by:

Name: Derrick Beare
Status: Director

The notes form part of these financial statements

LEOPARD FINCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LEOPARD FINCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

LEOPARD FINCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

The Company has a bank facility which terminated September 2023, this facility has been extended and now terminates April 2025. During the year, the Company repaid £8,082,278 (2022: £20,367,473) of its contractual repayments. The loan has been secured by personal guarantees from certain ultimate beneficial owners. The Company entered into an unsecured, interest-free loan agreement with one of its ultimate beneficiaries, with a maturity date of December 31, 2025. The purpose of this loan was to enable the Company to make a voluntary prepayment on its bank loan, and it is subordinated to the bank facility.

LEOPARD FINCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Post balance sheet events

Subsequent to the year end, the Company agreed terms with the bank which extends the maturity date of the loan facility to April 2025. Additionally, after the year-end, the Company made contractual loan repayments totalling £7 million to its lender, reducing the outstanding loan balance to £4,488,938.