| Registered number: 10961066 | ||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||
| Prepared By: | ||||||||
| Shears & Partners Limited | ||||||||
| Chartered Accountants | ||||||||
| 7 Craven Park Court | ||||||||
| Craven Park Road | ||||||||
| London | ||||||||
| N15 6AA | ||||||||
| Leabourne Road Estates Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| England | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 10961066 | ||||||||
| BANKERS | ||||||||
| Barclays Bank Plc | ||||||||
| ACCOUNTANTS | ||||||||
| Shears & Partners Limited | ||||||||
| Chartered Accountants | ||||||||
| 7 Craven Park Court | ||||||||
| Craven Park Road | ||||||||
| London | ||||||||
| N15 6AA | ||||||||
| Leabourne Road Estates Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30/09/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Leabourne Road Estates Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 19,296 | 15,084 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT LIABILITIES | ( | (484,377) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 794,755 | 773,924 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
| NET (LIABILITIES) / ASSETS | ( | |||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 9 | |||||||||
| Revaluation reserve | 1c,10 | 36,837 | 36,837 | |||||||
| Profit and loss account | (49,818) | (32,139) | ||||||||
| SHAREHOLDERS' FUNDS | ( | |||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Leabourne Road Estates Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting FRS 1021 a | ||||||||
| The Unaudited Statutory Accounts ("the Accounts") have been prepared in accordance with the provisions of FRS 102 (the Financial Reporting Standard applicable in the UK and Republic of Ireland) Section 1A - Small Entities. There were no material departures from that Standard. | ||||||||
| The principal Accounting Policies adopted in the preparation of the Accounts are set out below and have remained unchanged from the previous year, and also have been consistently applied within the Accounts. The Accounts have been prepared under the historical cost convention as modified by the Revaluation of certain Fixed Assets. | ||||||||
| 1b. Investment Properties | ||||||||
| Investment Property is included at fair value. Gains/(Losses) are recognised in the Statement of Comprehensive Income. Deferred Taxation is provided on these Gains/(Losses) at the rate expected to apply when the property is sold. | ||||||||
| 1c. Revaluation Reserve | ||||||||
| Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10). | ||||||||
| Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. | ||||||||
| 2. EMPLOYEES | ||||||||
| 2024 | 2023 | |||||||
| No. | No. | |||||||
| Average number of employees | 1 | |||||||
| including Director | ||||||||
| Leabourne Road Estates Ltd | ||||||||
| 3. TANGIBLE FIXED ASSETS |
| Cost |
| At 30/09/2024 |
| Depreciation |
| At 30/09/2024 |
| Net Book Amounts |
| At 30/09/2024 |
| 4. INVESTMENT PROPERTIES | ||||
| Investment | ||||
| Properties | Total | |||
| £ | £ | |||
| Fair value | ||||
| At 01/10/2023 | 1,270,000 | 1,270,000 | ||
| At 30/09/2024 | 1,270,000 | 1,270,000 | ||
| 5. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 9,686 | 11,086 | ||||||
| 9,686 | 11,086 | |||||||
| Leabourne Road Estates Ltd | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Trade creditors | 185 | 1,795 | ||||||
| Other creditors | 495,208 | 495,208 | ||||||
| Accruals | 5,128 | 2,458 | ||||||
| 500,521 | 499,461 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans (secured) >1yr | 794,755 | 773,924 | ||||||
| 794,755 | 773,924 | |||||||
| The Bank Loan, which at the year end totals £794,755 (2022: £773,924), and includes £794,755 (2023:£ 773,924) due in more than one year, is secured by fixed charges over the Company's Freehold Investment Property, the valuation of which is shown in Note 5. | ||||||||
| 8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Deferred taxation | 7,000 | 7,000 | ||||||
| 7,000 | 7,000 | |||||||
| 9. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| Leabourne Road Estates Ltd | ||||||||
| 10. REVALUATION RESERVE | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Revaluation reserve | 36,837 | 36,837 | ||||||
| 36,837 | 36,837 | |||||||
| 11. CONTROLLING PARTY | ||||||||
| The Company is controlled by Mrs Sima Rudzinski) by virtue of the fact that she owns 100% of the Issued, Allotted and Fully Paid Called up Share Capital of the Company. | ||||||||