UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

LEE HAVEN ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J G Temkin

Professor J Zellick

SECRETARY:

J G Temkin

REGISTERED OFFICE:

Chancellors House

3 Brampton Lane

London

NW4 4AB

REGISTERED NUMBER:

00373288 (England and Wales)

ACCOUNTANTS:

Zenith Advisory

Chartered Accountants

Chancellors House

3 Brampton Lane

Hendon

London

NW4 4AB

FIXED ASSETS

Tangible assets

4

3,792

5,057

Investment property

5

3,370,000

3,370,000

3,373,792

3,375,057

CURRENT ASSETS

Debtors

6

278,246

285,314

Cash at bank

1,036,327

1,157,913

1,314,573

1,443,227

CREDITORS

Amounts falling due within one year

7

222,681

183,743

NET CURRENT ASSETS

1,091,892

1,259,484

TOTAL ASSETS LESS CURRENT LIABILITIES

4,465,684

4,634,541

PROVISIONS FOR LIABILITIES

472,782

472,782

NET ASSETS

3,992,902

4,161,759

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

3,992,802

4,161,659

SHAREHOLDERS' FUNDS

3,992,902

4,161,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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 23 December 2025 and were signed on its behalf by:

Professor J Zellick - Director

J G Temkin - Director

1.	STATUTORY INFORMATION

Lee Haven Estates 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

Rent receivable 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.

Fixtures and fittings

-

10% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 6 April 2024

and 5 April 2025

12,647

DEPRECIATION

At 6 April 2024

7,590

Charge for year

1,265

At 5 April 2025

8,855

NET BOOK VALUE

At 5 April 2025

3,792

At 5 April 2024

5,057

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

3,370,000

NET BOOK VALUE

At 5 April 2025

3,370,000

At 5 April 2024

3,370,000

Fair value at 5 April 2025 is represented by:

£

Valuation in 2025

3,370,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

300,626

300,626

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,924

14,476

Due from company under common control

254,582

254,582

Prepayments and accrued income

10,740

16,256

278,246

285,314

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

67,825

52,487

Other creditors

49,102

48,742

Directors' current accounts

40,513

15,373

Accruals and deferred income

65,241

67,141

222,681

183,743

8.

RESERVES

Retained

earnings

£

At 6 April 2024

4,161,659

Profit for the year

202,823

Dividends

(371,680

)

At 5 April 2025

3,992,802

£2,596,592 (2024 - £2,596,592) of reserves are not distributable.