Leena Homes Limited

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

Registered number: 04099869

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	1,373,586		905,421
Cash at bank and in hand		11,733		58,188

		1,385,319		963,609
Creditors: Amounts Falling Due Within One Year	6	(1,454,732 )		(922,952 )

NET CURRENT ASSETS (LIABILITIES)			(69,413 )		40,657

TOTAL ASSETS LESS CURRENT LIABILITIES			(69,413 )		40,657

NET (LIABILITIES)/ASSETS			(69,413 )		40,657

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(69,513 )		40,557

SHAREHOLDERS' FUNDS			(69,413)		40,657

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 H L Jaffer

Director

26 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Leena Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04099869 . The registered office is Kirkland House, 11-15 Peterborough Road, Harrow, Middlesex, HA1 2AX.

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. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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	10% Straight Line
Plant & Machinery	25% Straight Line
Fixtures & Fittings	10% Straight Line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	279,267	342,636	146,647	768,550

As at 31 December 2024	279,267	342,636	146,647	768,550

Depreciation
As at 1 January 2024	279,267	342,636	146,647	768,550

As at 31 December 2024	279,267	342,636	146,647	768,550

Net Book Value
As at 31 December 2024	-	-	-	-

As at 1 January 2024	-	-	-	-

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Leena Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	384
Amounts owed by group undertakings	1,365,612	830,037
Other debtors	7,974	75,000

	1,373,586	905,421

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	8,899	9,590
Other creditors	1,422,290	895,270
Taxation and social security	23,543	18,092

	1,454,732	922,952

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

At the year, the company was owed £1,365,611 (2023: £830,037) by Frank Truman Limited, the parent company.

At the year end, the company owed £68,957 (2023: £68,957) to Tileday Limited, the company with common directors.

At the year end, the company owed £30,963 (2023: £6,466) to Ayre Properties Limited, the company with common directors and shareholders.

At the year end, the company owed £19,350 (2023: £14,850) to Linaglobe Limited, the company with common directors.

9. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10. Audit Information

The auditor's report on the accounts of Leena Homes Limited for the year ended 31 December 2024 was unqualified.

The auditor's report was signed by F Meghani (Senior Statutory Auditor) for and on behalf of Fairman Harris , Statutory Auditor.

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