Little and Large Properties (Leeds) Limited Accounts






Little and Large Properties (Leeds) Limited

	Company No. 06818141
		Information for Filing with The Registrar
		28 February 2025

at	28 February 2025
Company No.		06818141	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	445	22
	Investment property		5	640,828	720,828

				641,273	720,850
Current assets

	Debtors		6	35,079	11,300

	Cash at bank and in hand			12,340	28,963
				47,419	40,263
Creditors: Amount falling due within one year			7	(264,877)	(379,709)
Net current liabilities				(217,458)	(339,446)
Total assets less current liabilities				423,815	381,404
Creditors: Amounts falling due after more than one year			8	(35,363)	(39,046)
Provisions for liabilities
	Deferred taxation			(37,167)	(34,897)

Net assets				351,285	307,461

Capital and reserves
	Called up share capital			100	100

	Other reserve		10	116,044	148,774

	Profit and loss account			235,141	158,587

Total equity				351,285	307,461



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 09 October 2025 and signed on its behalf by:
D.A. Shakeshaft
Director
09 October 2025

for the year ended 28 February 2025

General information

Little and Large Properties (Leeds) Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 06818141

Its registered office is:

11 Armley Grange Walk

Armley

Leeds

LS12 3QW

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover comprises the fairs value of rents received or receivable in the ordinary course of the activities.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

20% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Plant and machinery	Total
			£	£
		Cost or revaluation
		At 1 March 2024	606	606
		Additions	572	572



		At 28 February 2025	1,178	1,178
		Depreciation
		At 1 March 2024	584	584
		Charge for the year	149	149



		At 28 February 2025	733	733
		Net book values
		At 28 February 2025	445	445
		At 29 February 2024	22	22

5	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 March 2024	720,828


		Disposals	(80,000)
		At 28 February 2025	640,828


		Investment property is valued at fair value in accordance with FRS 102 provided such property can be measured reliably and if so shall be measured at fair value each reporting date with changes to fair value recognised in profit or loss. There has been no valuation of investment property by an independent valuer.

6	Debtors
			2025	2024
			£	£






		Other debtors	32,549	11,000
		Prepayments and accrued income	2,530	300
			35,079	11,300

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	4,583	4,583


		Trade creditors	1,375	-

		Taxes and social security	25,703	9,042
		Loans from directors	231,299	363,845
		Other creditors	471	800
		Accruals and deferred income	1,446	1,439
			264,877	379,709

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	35,363	39,046






			35,363	39,046

Share Capital

The allotted called up and fully paid share capital consists of 100 Ordinary shares of £1 each.

10	Reserves
			Other Reserve	Total other reserves
			£	£
		At 1 March 2023	148,774	148,774



		At 29 February 2024 and 1 March 2024	148,774	148,774
		Movement on property disposal	(35,000)	(35,000)
		Deferred taxation	2,270	2,270

		At 28 February 2025	116,044	116,044

		Other reserve - is a non-distributable reserve.


		Profit and loss account - includes all current and prior period retained profits and losses.