Company Registration No. 04888596 (England and Wales)
LEONARD PROPERTY SERVICES LIMITED
Unaudited accounts
for the year ended 31 July 2024
LEONARD PROPERTY SERVICES LIMITED
Unaudited accounts
Contents
LEONARD PROPERTY SERVICES LIMITED
Company Information
for the year ended 31 July 2024
Company Number
04888596 (England and Wales)
Registered Office
The Bridge
162 Whitegate Drive
Blackpool
Lancashire
FY3 9HF
LEONARD PROPERTY SERVICES LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
98,250
67,501
Investment property
13,086,941
13,086,941
Cash at bank and in hand
2,193
25,465
Creditors: amounts falling due within one year
(4,324,396)
(4,367,011)
Net current liabilities
(4,255,024)
(4,272,616)
Net assets
8,930,167
8,881,826
Called up share capital
1
1
Revaluation reserve
2,613,515
2,613,515
Capital redemption reserve
5,094,959
5,094,959
Profit and loss account
1,221,692
1,173,351
Shareholders' funds
8,930,167
8,881,826
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 29 August 2025 and were signed on its behalf by
Peter Leonard
Director
Company Registration No. 04888596
LEONARD PROPERTY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
LEONARD PROPERTY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04888596. The registered office is The Bridge, 162 Whitegate Drive, Blackpool, Lancashire, FY3 9HF.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
LEONARD PROPERTY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
78,000
41,000
119,000
Additions
42,500
21,000
63,500
At 31 July 2024
120,500
62,000
182,500
At 1 August 2023
33,562
17,937
51,499
Charge for the year
21,735
11,016
32,751
At 31 July 2024
55,297
28,953
84,250
At 31 July 2024
65,203
33,047
98,250
At 31 July 2023
44,438
23,063
67,501
Fair value at 1 August 2023
13,086,941
At 31 July 2024
13,086,941
Amounts falling due within one year
Trade debtors
67,179
68,930
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,119,356
4,294,635
Trade creditors
4,513
5,060
Other creditors
200,527
67,316
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).