Leo Properties Scotland Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC265277

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		65,000		65,000

			65,000		65,000
CURRENT ASSETS
Debtors	5	100		100

		100		100
Creditors: Amounts Falling Due Within One Year	6	(304,807 )		(294,898 )

NET CURRENT ASSETS (LIABILITIES)			(304,707 )		(294,798 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(239,707 )		(229,798 )

NET LIABILITIES			(239,707 )		(229,798 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Revaluation reserve	8		(191,441 )		(191,441 )
Profit and Loss Account			(48,366 )		(38,457 )

SHAREHOLDERS' FUNDS			(239,707)		(229,798)

Page 1

Page 2

Leo Properties Scotland Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James McGonigle

Director

14/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Leo Properties Scotland Limited is a private company, limited by shares, incorporated in Scotland, registered number SC265277 . The registered office is 36 West Port, Edinburgh, EH1 2LD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 1 April 2024	65,000

As at 31 March 2025	65,000

Net Book Value
As at 31 March 2025	65,000

As at 1 April 2024	65,000

5. Debtors

	2025	2024
	£	£
Due within one year
Called up share capital not paid	100	100

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Director's loan account	304,807	294,898

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Page 4

Leo Properties Scotland Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

8. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	(191,441 )

As at 31 March 2025	(191,441 )