REGISTERED NUMBER: 10186489 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Leon Swierczewski Property Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

L Swierczewski

REGISTERED OFFICE:

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

REGISTERED NUMBER:

10186489 (England and Wales)

ACCOUNTANTS:

Johal & Company

Chartered Certified Accountants

& Registered Auditors

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

FIXED ASSETS

Tangible assets

4

14,322

10,096

Investment property

5

160,000

160,000

174,322

170,096

CURRENT ASSETS

Debtors

6

24,978

-

Cash at bank

11,209

18,178

36,187

18,178

CREDITORS

Amounts falling due within one year

7

13,523

885

NET CURRENT ASSETS

22,664

17,293

TOTAL ASSETS LESS CURRENT LIABILITIES

196,986

187,389

CREDITORS

Amounts falling due after more than one year

8

127,260

127,624

NET ASSETS

69,726

59,765

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

8,556

8,556

Retained earnings

61,169

51,208

SHAREHOLDERS' FUNDS

69,726

59,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 by the director and authorised for issue on 22 October 2025 and were signed by:

L Swierczewski - Director

1.	STATUTORY INFORMATION

Leon Swierczewski Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2024

13,461

Additions

9,000

At 31 May 2025

22,461

DEPRECIATION

At 1 June 2024

3,365

Charge for year

4,774

At 31 May 2025

8,139

NET BOOK VALUE

At 31 May 2025

14,322

At 31 May 2024

10,096

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

160,000

NET BOOK VALUE

At 31 May 2025

160,000

At 31 May 2024

160,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2018

8,556

Valuation in 2024

151,444

Cost

151,444

311,444

In the opinion of the director, there has been no changes in the open market value of the investment property at the balance sheet date.

6.

DEBTORS

31.5.25

31.5.24

£

£

Amounts falling due within one year:

Trade debtors

15,000

-

31.5.25

31.5.24

£

£

Amounts falling due after more than one year:

Other debtors

9,978

-

Aggregate amounts

24,978

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Taxation and social security

1,346

285

Other creditors

12,177

600

13,523

885

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

127,260

127,261

Other creditors

-

363

127,260

127,624

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

127,260

127,261

9.

RESERVES

Fair

value

reserve

£

At 1 June 2024

and 31 May 2025

8,556