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REGISTERED NUMBER: 08226732 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

LEROY & LEROY LTD.

LEROY & LEROY LTD. (Registered number: 08226732)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEROY & LEROY LTD.

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A P Le Roy
J M Le Roy





REGISTERED OFFICE: 28A North Road
Brighton
East Sussex
BN1 1YB





REGISTERED NUMBER: 08226732 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

LEROY & LEROY LTD. (Registered number: 08226732)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 2,106,107 2,075,900

CURRENT ASSETS
Cash at bank 5,137 3,166

CREDITORS
Amounts falling due within one year 5 1,617,795 1,587,282
NET CURRENT LIABILITIES (1,612,658 ) (1,584,116 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

493,449

491,784

PROVISIONS FOR LIABILITIES 125,356 125,356
NET ASSETS 368,093 366,428

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 376,069 376,069
Retained earnings (8,076 ) (9,741 )
SHAREHOLDERS' FUNDS 368,093 366,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

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

LEROY & LEROY LTD. (Registered number: 08226732)

Balance Sheet - continued
31 August 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 14 May 2025 and were signed on its behalf by:





A P Le Roy - Director


LEROY & LEROY LTD. (Registered number: 08226732)

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

1. STATUTORY INFORMATION

LEROY & LEROY 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 as modified by the revaluation of certain assets.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 2,075,900
Additions 30,207
At 31 August 2024 2,106,107
NET BOOK VALUE
At 31 August 2024 2,106,107
At 31 August 2023 2,075,900

LEROY & LEROY LTD. (Registered number: 08226732)

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

4. INVESTMENT PROPERTY - continued

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2020 354,717
Valuation in 2021 100,000
Valuation in 2022 46,707
Cost 1,604,683
2,106,107

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Taxation and social security 306 -
Other creditors 1,617,489 1,587,282
1,617,795 1,587,282

6. RESERVES
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 376,069