Registered number
12757588
Lee High Development Limited
Filleted Accounts
31 March 2025
Lee High Development Limited
Registered number: 12757588
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Stocks 13,175,707 10,008,353
Debtors 3 4,500 1,648
Cash at bank and in hand 332 43,236
13,180,539 10,053,237
Creditors: amounts falling due within one year 4 (7,971,627) (6,498,929)
Net current assets 5,208,912 3,554,308
Total assets less current liabilities 5,208,912 3,554,308
Creditors: amounts falling due after more than one year 5 (5,974,881) (4,000,000)
Net liabilities (765,969) (445,692)
Capital and reserves
Called up share capital 100 100
Profit and loss account (766,069) (445,792)
Shareholder's funds (765,969) (445,692)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Kantarci
Director
Approved by the board on 27 June 2025
Lee High Development Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost calculation includes all purchases, transport and handling costs in bringing stocks to their present location and condition.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Other debtors 4,500 1,648
4 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 47,963 156,730
Taxation and social security costs 3,872 -
Other creditors 7,919,792 6,342,199
7,971,627 6,498,929
Included on the Other Creditors are loans totalling £7,893,737 (2024-£6,342,199) from other
companies controlled by the director. The loans are repayable on demand and no interest has
been charged on such loans during the financial period.
5 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 5,974,881 4,000,000
6 Other information
Lee High Development Limited is a private company limited by shares and incorporated in England. Its registered office is:
7 Bedlam Mews
London
SE11 6DF
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