REGISTERED NUMBER: 07375694 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

LEONARDSLEE LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Income Statement

10

Other Comprehensive Income

11

Balance Sheet

12

Statement of Changes in Equity

13

Notes to the Financial Statements

14

DIRECTORS:

N W Rea

P M Streeter

P M W Rea

SECRETARY:

N Patel

REGISTERED OFFICE:

92-96 Lind Road

Sutton

Surrey

SM1 4PL

REGISTERED NUMBER:

07375694 (England and Wales)

SENIOR STATUTORY AUDITOR:

Tony Castagnetti

AUDITORS:

Belluzzo Audit Limited

Chartered Accountants and Statutory Auditors

38 Craven Street

London

WC2N 5NG

The directors present their strategic report for the year ended 30 June 2025.

REVIEW OF BUSINESS

The core activities at Leonardslee revolve around garden visits, which include hosting a variety of events and activities throughout the year. The estate also boasts a Michelin-starred restaurant, providing a top-tier dining experience, and offers high-quality accommodation for guests looking to extend their stay.

Leonardslee Ltd is renowned for its breathtaking lakes and gardens, offering a picturesque and serene experience in the heart of Sussex. The estate is a popular destination for garden enthusiasts and those seeking a tranquil escape.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risks and uncertainties facing the company are similar to those encountered by other trading companies within the hospitality industry. Management actively works to mitigate these commercial risk factors within the constraints of the industry.

Liquidity risk

Liquidity risk is the risk that the company will be unable to meet its financial obligations as they fall due. The company's liquidity risk is managed by the Group. The group's approach to managing liquidity risk is to ensure as far as possible, it will always have sufficient liquidity to meet its liabilities. The group maintains sufficient cash reserves to meet its liquidity requirements at all times, usually parent company A24 group limited settles all liabilities on behalf of group companies.

Credit risk

Credit risk is the risk that a customer fails to meet their financial obligations with Leonarslee Limited. The company's approach to managing this risk is to ensure debts are paid in full by customers and credit checks are completed for new customers where deemed necessary.

FINANCIAL RISK MANAGEMENT

The company primarily utilises an operational bank account and makes minimal use of other financial instruments. Consequently, its exposure to price risk, credit risk, liquidity risk, and cash flow risk is not significant for assessing the group's assets, liabilities, financial position, or profit and loss.

Despite the ongoing challenges in the hospitality industry, Leonardslee Ltd has demonstrated remarkable resilience and adaptability. The company reported an increase in turnover, reflecting its strong market presence. Additionally, strategic investments and developments, including property additions as part of their continuous investment program, have been made. These positive results align with the directors' expectations, showcasing the company's ability to navigate a challenging economic landscape effectively. However, the business continues to face significant challenges. Increased staffing costs remain a persistent issue, impacting overall profitability. Furthermore, the broader risks associated with the hospitality sector, such as fluctuating demand and economic uncertainties, continue to pose challenges

KEY PERFORMANCE INDICATORS

Year ended 30/06/2025

Year ended 30/06/2024

Sales

£4,175,854

£3,031,102

Gross Profit

£2,972,474

£2,114,945

Depreciation

£993,380

£730,773

Gross Assets

£15,455,670

£13,475,939

The directors consistently monitor key performance indicators (KPIs) and margins to ensure the business remains financially healthy. They focus on actively managing costs and grow revenue.

Key areas of measurement include:

- Financial Performance: Assessed through the average daily rate per room

- Operational Risk: Evaluated by tracking occupancy rates, gross profit margins, event attendance, and revenue growth.

This approach helps the company maintain a balanced and strategic view of its performance and operational efficiency

FUTURE DEVELOPMENT

Management is committed to driving the business forward by enhancing profitability, improving client service, expanding market reach, and leveraging technology.

ON BEHALF OF THE BOARD:

P M Streeter - Director

15 January 2026

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

DIVIDENDS

No dividends will be distributed for the year ended 30 June 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

N W Rea

P M Streeter

P M W Rea

Other changes in directors holding office are as follows:

I J Ellis - resigned 11 June 2025

GOING CONCERN

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Confirmation of support has been obtained from the parent company who will continue to support the company and provide financial support to enable it to meet all its liabilities for a period of 12 months from the date of signing of these financial statements.Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Belluzzo Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

P M Streeter - Director

15 January 2026

Opinion

We have audited the financial statements of Leonardslee Limited (the 'company') for the year ended 30 June 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 30 June 2025 and of its loss for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management. Our approach to identifying and assessing the risks of material misstatements in respect of irregularities, including fraud and non-compliance with laws was as follows:

- We obtained an understanding of the legal and regulatory frameworks that are applicable to the Company and determined that the most significant are those relating to the reporting framework (United Kingdom Generally Accepted Accounting Practice) and the relevant direct and indirect tax compliance regulations.

-The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.

- We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the company's activity.

- We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection.

- We understood how Leonardslee Limited is complying with those frameworks by making enquiries with management to understand how the group maintains and communicates its policies and procedures to ensure compliance. We corroborated this through our review of the company's board minutes. We also reviewed correspondence with the relevant tax authorities regarding tax compliance.

- Identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

-We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and

- understanding the potential incentives and pressures for management to manipulate the financial statements and performed procedures to understand the areas in which this would most likely arise.

Based on our risk assessment procedures on this Company, we identified management override of controls as our fraud risk.

- To address our fraud risk of management override of controls, we performed analytical procedures to identify any unusual or unexpected relationships;

-tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining any accounting estimates were indicative of potential bias;

-investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Tony Castagnetti (Senior Statutory Auditor)

for and on behalf of Belluzzo Audit Limited

Chartered Accountants and Statutory Auditors

38 Craven Street

London

WC2N 5NG

15 January 2026

TURNOVER

3

4,175,854

3,031,102

Cost of sales

(1,203,380

)

(916,157

)

GROSS PROFIT

2,972,474

2,114,945

Administrative expenses

(4,662,170

)

(4,042,783

)

(1,689,696

)

(1,927,838

)

Other operating income

203,823

164,114

OPERATING LOSS

5

(1,485,873

)

(1,763,724

)

Interest receivable and similar income

37

50

LOSS BEFORE TAXATION

(1,485,836

)

(1,763,674

)

Tax on loss

6

317,836

520,096

LOSS FOR THE FINANCIAL YEAR

(1,168,000

)

(1,243,578

)

LOSS FOR THE YEAR

(1,168,000

)

(1,243,578

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

(1,168,000

)

(1,243,578

)

FIXED ASSETS

Tangible assets

7

14,471,877

12,765,444

CURRENT ASSETS

Stocks

8

590,378

477,261

Debtors

9

391,034

233,234

Cash in hand

2,381

-

983,793

710,495

CREDITORS

Amounts falling due within one year

10

(26,981,879

)

(23,834,148

)

NET CURRENT LIABILITIES

(25,998,086

)

(23,123,653

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,526,209

)

(10,358,209

)

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

12

(11,526,210

)

(10,358,210

)

SHAREHOLDERS' FUNDS

(11,526,209

)

(10,358,209

)

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

P M Streeter - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

1

(9,114,632

)

(9,114,631

)

Changes in equity

Total comprehensive income

-

(1,243,578

)

(1,243,578

)

Balance at 30 June 2024

1

(10,358,210

)

(10,358,209

)

Changes in equity

Total comprehensive income

-

(1,168,000

)

(1,168,000

)

Balance at 30 June 2025

1

(11,526,210

)

(11,526,209

)

1.	STATUTORY INFORMATION

Leonardslee 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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" 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 £.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

-Section 7 'Statement of Cash flows' - Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ' Basic Financial Instruments' 7 Section 12 'Other Financial instruments Issues' - Carrying amounts, interest income/expense and net gains/losses for each category of financial instrument basis of determining fair value; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes in recognised in profit or loss and in other comprehensive income.

- Section 33 'Related Party disclosures' - Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of A24 Group Limited. These consolidated financial statements are available from Companies House.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is derived from membership fee, entrance fee, events and food and beverage sales and is measured at fair value of consideration received or receivable, net of discounts, refunds and VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property 50years

Plant and Machinery 50% reducing balance

Fixture and fittings 25% reducing balance

Motor vehicles 25% reducing balance

Greenhouse 20 years

Biological assets 20 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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 realize the asset and settle the liability simultaneously.

Basic financial assets and liabilities are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the

arrangement constitutes a financing transaction, where the financial instrument is measured as the present value of the future cash flows discounted at a market rate of interest.

Other financial assets

Other financial assets, including trade investments, are initially measured at fair value, which is normally the

transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

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.

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Confirmation of support has been obtained from the parent company who will continue to support the company and provide financial support to enable it to meet all its liabilities for a period of 12 months from the date of signing of these financial statements.Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.

TURNOVER

The turnover and loss before taxation are attributable to the one principal activity of the company.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,179,088

1,938,508

Social security costs

187,643

147,245

2,366,731

2,085,753

The average number of employees during the year was as follows:

2025

2024

Average number of employees

93

85

2025

2024

£

£

Directors' remuneration

-

-

5.	OPERATING LOSS

The operating loss is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

2,307

4,166

Depreciation - owned assets

993,380

730,773

Profit on disposal of fixed assets

-

(1,894

)

Auditors' remuneration

10,500

10,000

Foreign exchange differences

(1

)

(1

)

6.

TAXATION

Analysis of the tax credit

The tax credit on the loss for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

(317,836

)

(520,096

)

Tax on loss

(317,836

)

(520,096

)

Reconciliation of total tax credit included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Loss before tax

(1,485,836

)

(1,763,674

)

Loss multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

(371,459

)

(440,919

)

Effects of:

Expenses not deductible for tax purposes

2,576

1,518

Income not taxable for tax purposes

(7,198

)

(936

)

Capital allowances in excess of depreciation

-

(79,773

)

Depreciation in excess of capital allowances

58,235

-

Other minor adjustments

10

14

Total tax credit

(317,836

)

(520,096

)

7.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 July 2024

11,866,711

2,360,352

3,493,522

125,835

17,846,420

Additions

59,488

2,570,128

54,203

16,897

2,700,716

Reclassification/transfer

86,748

(1,458,658

)

1,371,910

-

-

At 30 June 2025

12,012,947

3,471,822

4,919,635

142,732

20,547,136

DEPRECIATION

At 1 July 2024

1,197,231

1,646,874

2,167,119

69,752

5,080,976

Charge for year

216,315

79,589

679,243

18,233

993,380

Charge written back

-

-

-

903

903

At 30 June 2025

1,413,546

1,726,463

2,846,362

88,888

6,075,259

NET BOOK VALUE

At 30 June 2025

10,599,401

1,745,359

2,073,273

53,844

14,471,877

At 30 June 2024

10,669,480

713,478

1,326,403

56,083

12,765,444

Plant and machinery at Year Ended 30 June 2025 included Assets under construction for an amount of £1,643,534 (2024: £598,220).

8.

STOCKS

2025

2024

£

£

Stocks

590,378

477,261

No impairment loss (nil in 2024) was recognised in cost of sales against stock during the period due to slow-moving and obsolete stock.

There are no inventories pledged as security for liabilities

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,907

5,303

Other debtors

27,009

85,929

VAT

-

57,524

Prepayments and accrued income

359,118

84,478

391,034

233,234

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

298,434

192,455

Amounts owed to group undertakings

25,742,326

21,179,538

Social security and other taxes

54,635

40,595

VAT

54,904

-

Other creditors

485,237

343,512

Directors' current accounts

-

1,790,179

Accruals and deferred income

346,343

287,869

26,981,879

23,834,148

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

1

1

1

12.

RESERVES

Retained

earnings

£

At 1 July 2024

(10,358,210

)

Deficit for the year

(1,168,000

)

At 30 June 2025

(11,526,210

)

13.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

-

1,003,682

14.	RELATED PARTY DISCLOSURES

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.

15.	ULTIMATE CONTROLLING PARTY

The controlling party is A24 Group Limited

The ultimate controlling party is P. M. Streeter.

A24 Group Limited is the parent undertaking of the smallest and largest group of which the company is a member for which group accounts are prepared. The financial statements of A24 Group Limited can be obtained from Companies House.