| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| LONGLEAF SUSSEX LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| LONGLEAF SUSSEX LIMITED |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LONGLEAF SUSSEX LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 29 Gildredge Road |
| Eastbourne |
| East Sussex |
| BN21 4RU |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Balance Sheet |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Balance Sheet - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Longleaf Sussex Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities. |
| The validity of the going concern basis depends upon the continued support of the company director. |
| Turnover |
| Turnover represents amounts receivable for sale of goods net of VAT. |
| Revenue from the sale of goods is recognised when the significant risks and rewards and ownership of the goods have been passed to the buyer (usually on dispatch of goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transactions will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. |
| Tangible fixed assets |
| Furniture,fittings & equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| to | Furniture,fittings |
| property | & equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | STOCKS |
| 2025 | 2024 |
| £ | £ |
| Stocks |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Deferred tax asset |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| PAYE |
| VAT | 110 | 713 |
| Other creditors |
| Directors' current accounts | 5,522 | - |
| Accrued expenses |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| 9. | DEFERRED TAX |
| £ |
| Balance at 1 April 2024 | ( |
) |
| Provided during year | ( |
) |
| Tax losses carried forward | (4,864 | ) |
| Balance at 31 March 2025 | ( |
) |
| LONGLEAF SUSSEX LIMITED (REGISTERED NUMBER: 12525488) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| At the balance sheet date the company owed £22,892 (2024: £23,892) to West Rocks Management Ltd, a company controlled by C P S Copping. No interest was charged on this amount. This amount is repayable on demand. |
| At the balance sheet date the company was owed £4,137 (2024: £3,627 owed to ) by Natural Fitness Centre Sussex Ltd, a company controlled by C P S Copping. No interest was charged on this amount. This amount is repayable on demand. |
| At the balance sheet date the company owed £11,111 (2024: £12,041) to Weddingbird Ltd, a company controlled by C P S Copping. No interest was charged on this amount. This amount is repayable on demand. |
| At the balance sheet date the company was owed £4,606 (2024: £4,606 by Devonshire General Stores Ltd, a company controlled by C P S Copping. No interest was charged on this amount. This amount is repayable on demand |
| At the balance sheet date the company owed £3,000 (2024: £3,000) to West Rocks Hotel Ltd, a company controlled by C P S Copping. No interest was charged on this amount. This amount is repayable on demand.. |