Leafield Developments Ltd

(Registration number: 13136793)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	8,650	20,000
Cash at bank and in hand		67,779	67,778
		76,429	87,778
Creditors: Amounts falling due within one year	5	(756)	(1,320)
Net assets		75,673	86,458
Capital and reserves
Called up share capital		2	2
Retained earnings		75,671	86,456
Shareholders' funds		75,673	86,458

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 October 2025
 

......................................... JP McDonagh Director

Leafield Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
6 Hill Grove
Huddersfield
West Yorkshire
HD3 3TL
United Kingdom

These financial statements were authorised for issue by the director on 30 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

The company has net liabilities. The financial statements have been prepared on the going concern basis which assumes the company will continue to exist for the foreseeable future. This is dependent on the continued support of the directors, who has indicated that amounts due to them will not be withdrawn.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of property in the ordinary course of the company’s activities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Leafield Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4

Debtors

Current	2025 £	2024 £
Other debtors	8,650	20,000
	8,650	20,000

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	756	1,320

6	Related party transactions

2025	At 1 February 2024 £	Repayments by director £	At 31 January 2025 £
JP McDonagh
No interest has been charged on this loan. There are no conditions attached to this loan.	10,000	(10,000)	-

2024	At 1 February 2023 £	Advances to director £	At 31 January 2024 £
JP McDonagh
No interest has been charged on this loan. There are no conditions attached to this loan.	-	10,000	10,000