Company Registration No. 13761442 (England and Wales)
Leo Property 1887 Ltd
Unaudited accounts
for the year ended 30 November 2024
Leo Property 1887 Ltd
Unaudited accounts
Contents
Leo Property 1887 Ltd
Company Information
for the year ended 30 November 2024
Directors
Sheila King
Roger King
Company Number
13761442 (England and Wales)
Registered Office
21 Greenside
Wappenham
Towcester
Northants
NN12 8SH
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Leo Property 1887 Ltd
Statement of financial position
as at 30 November 2024
Investment property
135,000
120,021
Cash at bank and in hand
10,508
9,507
Creditors: amounts falling due within one year
(127,706)
(128,677)
Net current liabilities
(117,198)
(119,170)
Total assets less current liabilities
17,802
851
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
14,954
849
Shareholders' funds
14,956
851
For the year ending 30 November 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Sheila King
Director
Company Registration No. 13761442
Leo Property 1887 Ltd
Notes to the Accounts
for the year ended 30 November 2024
Leo Property 1887 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13761442. The registered office is 21 Greenside, Wappenham, Towcester, Northants, NN12 8SH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 December 2023
120,021
Net gain from fair value adjustments
14,979
At 30 November 2024
135,000
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
697
669
Loans from directors
126,169
127,168
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).