Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10661248 Mr SALEH AL-YAFAI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10661248 2024-03-31 10661248 2025-03-31 10661248 2024-04-01 2025-03-31 10661248 frs-core:CurrentFinancialInstruments 2025-03-31 10661248 frs-core:Non-currentFinancialInstruments 2025-03-31 10661248 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 10661248 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10661248 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 10661248 frs-core:PlantMachinery 2025-03-31 10661248 frs-core:PlantMachinery 2024-04-01 2025-03-31 10661248 frs-core:PlantMachinery 2024-03-31 10661248 frs-core:ShareCapital 2025-03-31 10661248 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10661248 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10661248 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10661248 frs-bus:SmallEntities 2024-04-01 2025-03-31 10661248 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10661248 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10661248 frs-bus:Director1 2024-04-01 2025-03-31 10661248 frs-countries:EnglandWales 2024-04-01 2025-03-31 10661248 2023-03-31 10661248 2024-03-31 10661248 2023-04-01 2024-03-31 10661248 frs-core:CurrentFinancialInstruments 2024-03-31 10661248 frs-core:Non-currentFinancialInstruments 2024-03-31 10661248 frs-core:ShareCapital 2024-03-31 10661248 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10661248
Leader Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10661248
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,776,777 1,532,493
1,776,777 1,532,493
CURRENT ASSETS
Debtors 5 903 1,015
Cash at bank and in hand 199,850 353,855
200,753 354,870
Creditors: Amounts Falling Due Within One Year 6 (3,090 ) (1,722 )
NET CURRENT ASSETS (LIABILITIES) 197,663 353,148
TOTAL ASSETS LESS CURRENT LIABILITIES 1,974,440 1,885,641
Creditors: Amounts Falling Due After More Than One Year 7 (2,132,299 ) (1,957,233 )
NET LIABILITIES (157,859 ) (71,592 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (157,860 ) (71,593 )
SHAREHOLDERS' FUNDS (157,859) (71,592)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr SALEH AL-YAFAI
Director
15/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leader Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10661248 . The registered office is 53 Carlisle Street, Sheffield, S4 7LJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2024 1,531,414 1,686 1,533,100
Additions 244,500 - 244,500
As at 31 March 2025 1,775,914 1,686 1,777,600
Depreciation
As at 1 April 2024 - 607 607
Provided during the period - 216 216
As at 31 March 2025 - 823 823
Net Book Value
As at 31 March 2025 1,775,914 863 1,776,777
As at 1 April 2024 1,531,414 1,079 1,532,493
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other taxes and social security 903 1,015
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2 -
Net wages 1,929 1,292
Other creditors 750 -
Director's loan account 409 430
3,090 1,722
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Loans 2,132,299 1,957,233
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4