REGISTERED NUMBER: 01298227 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

R.E. LEACH (ENGINEERS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E J Leach

SECRETARY:

Mrs L M Leach

REGISTERED OFFICE:

Brockholes Way

Garstang Way

Claughton on Brock

Preston

Lancashire

PR3 0PZ

REGISTERED NUMBER:

01298227 (England and Wales)

AUDITORS:

RFM Audit Services LLP, Statutory Auditor

Unit 1, Guest House Farm

Runshaw Lane

Euxton

Chorley

Lancashire

PR7 6HD

CURRENT ASSETS

Debtors

6

70,204

70,212

Cash at bank

4,228

3,519

74,432

73,731

CREDITORS

Amounts falling due within one year

7

29,373

28,362

NET CURRENT ASSETS

45,059

45,369

TOTAL ASSETS LESS CURRENT LIABILITIES

45,059

45,369

CAPITAL AND RESERVES

Called up share capital

25,000

25,000

Retained earnings

20,059

20,369

45,059

45,369

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 10 December 2025 and were signed by:

E J Leach - Director

1.	STATUTORY INFORMATION

R.E. Leach (Engineers) 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.

The financial statements are prepared in sterling, which is the functional currency of the company.

Monetary amounts in these financial statements are rounded to the nearest £.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

INTANGIBLE ASSETS

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Patents: 10% straight line

TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery: 10% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

GOING CONCERN

These financial statements are prepared on the going concern basis. The company transferred its activities to another group company and has been dormant since. The director has received assurances that the parent company will continue to support the company for the foreseeable future, being a period of at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in the preparation of these financial statements.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

9,200

AMORTISATION

At 1 April 2024

and 31 March 2025

9,200

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

50,371

DEPRECIATION

At 1 April 2024

and 31 March 2025

50,371

NET BOOK VALUE

At 31 March 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

782

782

Amounts owed by group undertakings

64,600

64,600

Other debtors

4,822

4,830

70,204

70,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

28,340

27,328

Other creditors

1,033

1,034

29,373

28,362

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sarah Flynn FCA (Senior Statutory Auditor)

for and on behalf of RFM Audit Services LLP, Statutory Auditor

9.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Leach Holdings Limited, a company registered in England and Wales whose registered office is Brockholes Way, Garstang Road, Claughton on Brock, Preston, PR3 0PZ.

During the year the ultimate controlling party was Mr E J Leach.

The smallest and largest group into which the company is consolidated is that of Leach Holdings Limited, the ultimate parent company. Copies of the consolidated accounts for this group are available and can be obtained from Companies House.

Since the year end there has been a change to the ultimate controlling party, which is now Qubic Trustees Ltd in its capacity as trustee of The Leach Holdings Limited Trust (the Trust) and which owns 99.96% of the share capital of the company’s immediate parent undertaking on behalf of the Trust.

Qubic Trustees Ltd is registered in England and Wales and its registered office is 2 St. James Gate, Newcastle upon Tyne, NE1 4AD.”