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REGISTERED NUMBER: 10443398 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

LEESON INVESTMENTS LIMITED

LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEESON INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: K S B Leeson
J D R Leeson
D Leeson
C Leeson





REGISTERED OFFICE: 5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA





REGISTERED NUMBER: 10443398 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
Corner Oak
1 Homer Road
Solihull
B91 3QG

LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 817 1,388
Investment property 5 43,053,266 39,530,053
43,054,083 39,531,441

CURRENT ASSETS
Debtors 6 95,237 136,729
Cash at bank 1,316,558 3,341,916
1,411,795 3,478,645
CREDITORS
Amounts falling due within one year 7 13,459,818 13,313,940
NET CURRENT LIABILITIES (12,048,023 ) (9,835,295 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,006,060

29,696,146

CAPITAL AND RESERVES
Called up share capital 3,620 3,620
Share premium 1,647,478 1,647,478
Retained earnings 29,354,962 28,045,048
31,006,060 29,696,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 9 April 2025 and were signed on its behalf by:





C Leeson - Director


LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Leeson Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 33.33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is carried at fair value .Changes in fair value are 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.

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.

LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2023 5,012
Additions 514
At 30 November 2024 5,526
DEPRECIATION
At 1 December 2023 3,624
Charge for year 1,085
At 30 November 2024 4,709
NET BOOK VALUE
At 30 November 2024 817
At 30 November 2023 1,388

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023 39,530,053
Additions 3,523,213
At 30 November 2024 43,053,266
NET BOOK VALUE
At 30 November 2024 43,053,266
At 30 November 2023 39,530,053

The directors have valued the property at fair value and believe this is not significantly different to cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 67,101
Other debtors 95,237 69,628
95,237 136,729

LEESON INVESTMENTS LIMITED (REGISTERED NUMBER: 10443398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 702 1,165
Taxation and social security 368,182 275,059
Other creditors 13,090,934 13,037,716
13,459,818 13,313,940

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,973 22,710
Between one and five years 10,071 26,044
26,044 48,754