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REGISTERED NUMBER: 14817762 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Leez Priory Ltd

Leez Priory Ltd (Registered number: 14817762)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Leez Priory Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: H Bramer
N Bramer



REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE



REGISTERED NUMBER: 14817762 (England and Wales)



SENIOR STATUTORY AUDITOR: Eric McIntyre



AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Leez Priory Ltd (Registered number: 14817762)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 574,412

CURRENT ASSETS
Stocks 30,541
Debtors 5 10,346,255
Cash at bank 22,269
10,399,065
CREDITORS
Amounts falling due within one year 6 10,689,647
NET CURRENT LIABILITIES (290,582 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,830

CREDITORS
Amounts falling due after more than one year 7 (348,786 )

PROVISIONS FOR LIABILITIES (57,396 )
NET LIABILITIES (122,352 )

CAPITAL AND RESERVES
Called up share capital 1,000
Retained earnings (123,352 )
(122,352 )

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 16 December 2024 and were signed on its behalf by:





H Bramer - Director


Leez Priory Ltd (Registered number: 14817762)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Leez Priory 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leez Priory Ltd (Registered number: 14817762)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 74 .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 315,735 352,536 668,271
At 31 May 2024 315,735 352,536 668,271
DEPRECIATION
Charge for year - 93,859 93,859
At 31 May 2024 - 93,859 93,859
NET BOOK VALUE
At 31 May 2024 315,735 258,677 574,412

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 105,644
Amounts owed by group undertakings 10,210,270
Other debtors 30,341
10,346,255

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 52,035
Trade creditors 1,317,974
Amounts owed to group undertakings 9,163,008
Taxation and social security 129,200
Other creditors 27,430
10,689,647

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 88,445
Other creditors 260,341
348,786

Leez Priory Ltd (Registered number: 14817762)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Eric McIntyre (Senior Statutory Auditor)
for and on behalf of Cartwrights

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.

10. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Country House Weddings Holdings Limited, a company registered in England and Wales. The ultimate controlling party is H Bramer, by virtue of his shareholding.