REGISTERED NUMBER: 12432667 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

M & B Leatherhead Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M J Brett

Mrs A R Burns

REGISTERED OFFICE:

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

REGISTERED NUMBER:

12432667 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Investment property

4

4,272,000

3,426,094

CURRENT ASSETS

Debtors

5

15,145

71,933

Cash at bank

275,096

173,317

290,241

245,250

CREDITORS

Amounts falling due within one year

6

112,591

45,763

NET CURRENT ASSETS

177,650

199,487

TOTAL ASSETS LESS CURRENT LIABILITIES

4,449,650

3,625,581

PROVISIONS FOR LIABILITIES

211,477

-

NET ASSETS

4,238,173

3,625,581

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,238,073

3,625,481

4,238,173

3,625,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 17 June 2025 and were signed on its behalf by:

Mrs M J Brett - Director

Mrs A R Burns - Director

1.	STATUTORY INFORMATION

M & B Leatherhead Holdings 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.

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 as the rents received or receivable during the period from the Investment properties.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

3,426,094

Revaluations

845,906

At 31 January 2025

4,272,000

NET BOOK VALUE

At 31 January 2025

4,272,000

At 31 January 2024

3,426,094

Fair value at 31 January 2025 is represented by:

£

Valuation in 2025

4,272,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

1,350

1,140

Amounts owed by associates

-

62,265

Other debtors

1,515

6,924

Tax

6,907

-

Prepayments and accrued income

5,373

1,604

15,145

71,933

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

2,920

12,595

Tax

-

24,794

Social security and other taxes

156

143

Other creditors

1,763

328

Accruals and deferred income

7,752

7,903

Accrued expenses

100,000

-

112,591

45,763

7.	RELATED PARTY DISCLOSURES

At the year end £NIL (2024 £62,265) was due from the estate of Mrs G.B.Bell. During the year the 100% of share capital of M & B Leatherhead Holdings Limited was transferred from Mrs G.B.Bell (deceased) to The Michael and Barbara Bell Foundation in accordance with her will. As at the year end 31st January 2025 M & B Leatherhead Holdings Limited paid £150,000 in charity donations to The Michael and Barbara Bell Foundation.