REGISTERED NUMBER: 10840144 (England and Wales)

LEOCH DBS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investments

4

1,446,029

1,220,985

CURRENT ASSETS

Cash at bank

2,716

2,904

CREDITORS

Amounts falling due within one year

5

5,808

5,808

NET CURRENT LIABILITIES

(3,092

)

(2,904

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,442,937

1,218,081

CAPITAL AND RESERVES

Called up share capital

6

751,000

751,000

Share premium

7

2,057,621

2,057,621

Retained earnings

7

(1,365,684

)

(1,590,540

)

SHAREHOLDERS' FUNDS

1,442,937

1,218,081

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 and authorised for issue by the director and authorised for issue on 29 September 2025 and were signed by:

M Xiaoqiang - Director

1.	STATUTORY INFORMATION

Leoch DBS Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10840144

Registered office:

Unit 5B

Welland Business Park

Valley Way

Market Harborough

Leicestershire

LE16 7PS

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.

Preparation of consolidated financial statements

The financial statements contain information about Leoch DBS Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Debtors and creditors

Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

3,163,929

PROVISIONS

At 1 January 2024

1,942,944

Reversal of impairments

(225,044

)

At 31 December 2024

1,717,900

NET BOOK VALUE

At 31 December 2024

1,446,029

At 31 December 2023

1,220,985

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Accruals and deferred income

5,808

5,808

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

75,100,000

Ordinary

£0.01

751,000

751,000

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

(1,590,540

)

2,057,621

467,081

Profit for the year

224,856

224,856

At 31 December 2024

(1,365,684

)

2,057,621

691,937

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Karl Hobbins FCCA (Senior Statutory Auditor)

for and on behalf of CFW Accountants LLP

9.	RELATED PARTY DISCLOSURES

Transactions during the year and balances at 31 December 2024 with companies in which the company owns a participating interest itself were:

2024

2023

£

£

Loan owing to group company written off

-

3,942

10.	ULTIMATE CONTROLLING PARTY

The parent company of the smallest group within which the company belongs and for which group financial statements are prepared is Leoch International Holdings Pte Ltd, incorporated in Singapore. Leoch International Holdings Pte Ltd's registered office is 1 Tech Park Crescent, Singapore,. 638131. Singapore.

The ultimate parent company is Leoch International Technology Limited, incorporated in the Cayman Islands. Leoch International Technology Limited's registered office is 5th Floor, Xin Bao Hui Building, No. 2061, Nanhai Avenue, Nanshan District, Shenzhen, Guangdong Province, China.