REGISTERED NUMBER: 10630615 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Leaswood Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

B P Russell

Mrs C Russell

REGISTERED OFFICE:

Burton Manor

The Village

Burton

Cheshire

CH64 5SJ

REGISTERED NUMBER:

10630615 (England and Wales)

ACCOUNTANTS:

The Hampden Partnership Limited

Suite 102

No.1 Old Hall Street

Liverpool

Merseyside

L3 9HF

FIXED ASSETS

Tangible assets

4

1,671

2,387

Investment property

5

4,306,246

4,588,646

4,307,917

4,591,033

CURRENT ASSETS

Debtors

6

41,427

526,050

Cash at bank

2

-

41,429

526,050

CREDITORS

Amounts falling due within one year

7

1,758,930

2,275,865

NET CURRENT LIABILITIES

(1,717,501

)

(1,749,815

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,590,416

2,841,218

CREDITORS

Amounts falling due after more than one year

8

1,656,367

1,611,688

NET ASSETS

934,049

1,229,530

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

884,049

1,179,530

SHAREHOLDERS' FUNDS

934,049

1,229,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

B P Russell - Director

1.	STATUTORY INFORMATION

Leaswood Properties 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

11,063

DEPRECIATION

At 1 January 2024

8,676

Charge for year

716

At 31 December 2024

9,392

NET BOOK VALUE

At 31 December 2024

1,671

At 31 December 2023

2,387

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

4,588,646

Disposals

(282,400

)

At 31 December 2024

4,306,246

NET BOOK VALUE

At 31 December 2024

4,306,246

At 31 December 2023

4,588,646

Fair value at 31 December 2024 is represented by:

£

Valuation in 2019

800,000

Valuation in 2020

453,036

Cost

3,053,210

4,306,246

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

3,600

29,372

Amounts owed by associates

1,827

2,897

Other debtors

36,000

493,781

41,427

526,050

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

156,975

Trade creditors

9,972

74,183

Amounts owed to associates

806,302

1,840,185

Taxation and social security

30,505

14,922

Other creditors

902,151

189,600

1,758,930

2,275,865

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,000

1,256,224

Other creditors

1,651,367

355,464

1,656,367

1,611,688

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

94,094

Other loans more 5yrs instal

528,646

-

528,646

94,094

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Other loans

2,040,117

-

Bank loans

-

1,413,180

2,040,117

1,413,180

Other loans are secured by a fixed and floating charge over the assets of the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

The Hampden Partnership Limited

Suite 102

No.1 Old Hall Street

Liverpool

Merseyside

L3 9HF

28 November 2025