LEASEOWN PROPERTY MANAGEMENT LIMITED

Company Registration Number:
03739437 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

LEASEOWN PROPERTY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes

LEASEOWN PROPERTY MANAGEMENT LIMITED

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 2,181 267
Investments:   0 0
Total current assets: 2,181 267
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 0 ( 200 )
Net current assets (liabilities): 2,181 67
Total assets less current liabilities: 2,181 67
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,181 67
Capital and reserves
Called up share capital: 2,181 67
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 2,181 67

The notes form part of these financial statements

LEASEOWN PROPERTY MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 October 2025
and signed on behalf of the board by:

Name: Elizabeth Steiner
Status: Director

The notes form part of these financial statements

LEASEOWN PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    ACCOUNTING POLICIES Basis of preparing the financial statements The accounts have been prepared and the comparatives restated to follow the latest technical guidance for residential service charge accounts as stated in the ICAEW technical release [03/11]. Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the provisions of Section IA "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Income Income represents maintenance contributions receivable, excluding value added tax. Service Charge Accounts and Limited Company Accounts Leaseown Property Management Limited has adopted best practice principles and guidance relating to the format of service charge company accounts together with the disclosure of monies collected on behalf of flat owners for the purpose of meeting the maintenance costs of the block of flats. The current generally accepted practice requires the financial statements to be split between the dormant Limited Company and the Service Charge Trust. The Service Charge Trust holds the net service charge contributions on trust for the tenants.

LEASEOWN PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

LEASEOWN PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 200
Total 0 200

LEASEOWN PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Financial Commitments

The trustees acknowledge their responsibilities for: (a) ensuring that Leaseown Property Management - Service Charge Trust keeps accounting records and (b) preparing financial statements which give a true and fair view of the state of affairs of the trust as at the end of each financial year and of its surplus or deficit for each financial year. We approve the contents of the financial statements as set out on pages three to seven in light of our responsibilities, on .............................................and signed on its behalf by: