Company Registration No. 13903589 (England and Wales)
Leighs Properties Limited
Unaudited accounts
for the year ended 28 February 2025
Leighs Properties Limited
Unaudited accounts
Contents
Leighs Properties Limited
Company Information
for the year ended 28 February 2025
Company Number
13903589 (England and Wales)
Registered Office
Suite 2d, Building 1 Eastern Business Pa
Wern Fawr Lane
St Mellons
Cardiff
CF3 5EA
United Kingdom
Leighs Properties Limited
Statement of financial position
as at 28 February 2025
Tangible assets
9,323
12,430
Investment property
327,847
327,847
Cash at bank and in hand
16,833
29,330
Creditors: amounts falling due within one year
(370,761)
-
Net current (liabilities)/assets
(353,131)
30,072
Total assets less current liabilities
(15,961)
370,349
Creditors: amounts falling due after more than one year
-
(385,296)
Net liabilities
(15,961)
(14,947)
Called up share capital
1
1
Profit and loss account
(15,962)
(14,948)
Shareholders' funds
(15,961)
(14,947)
For the year ending 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2025 and were signed on its behalf by
Steven Leigh
Director
Company Registration No. 13903589
Leighs Properties Limited
Notes to the Accounts
for the year ended 28 February 2025
Leighs Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13903589. The registered office is Suite 2d, Building 1 Eastern Business Pa, Wern Fawr Lane, St Mellons, Cardiff, CF3 5EA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Investment property is included at cost plus expenses incurred to acquire the property.
Leighs Properties Limited
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Motor vehicles
At 28 February 2025
21,500
At 28 February 2025
12,177
At 28 February 2024
12,430
Fair value at 1 March 2024
327,847
At 28 February 2025
327,847
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
369,981
-
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
384,373
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).