Lee & Lee Properties Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3

Registered number: 13357048

		31 March 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		593,113		556,363

			593,113		556,363
CURRENT ASSETS
Cash at bank and in hand		2,467		6,400

		2,467		6,400
Creditors: Amounts Falling Due Within One Year		(151,610 )		(110,972 )

NET CURRENT ASSETS (LIABILITIES)			(149,143 )		(104,572 )

TOTAL ASSETS LESS CURRENT LIABILITIES			443,970		451,791

Creditors: Amounts Falling Due After More Than One Year			(473,168 )		(469,668 )

NET LIABILITIES			(29,198 )		(17,877 )

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			(29,298 )		(17,977 )

SHAREHOLDERS' FUNDS			(29,198)		(17,877)

Page 1

Page 2

Lee & Lee Properties Ltd

Abridged Balance Sheet (continued)

As At 31 March 2025

For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Adrian Lee

Director

12th January 2026

The notes on page 3 form part of these financial statements.

1. General Information

Lee & Lee Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13357048 . The registered office is 17 Higher Warborough Road, Galmpton, Brixham, Devon, TQ5 0PF.

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. 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:

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2024: 2)

4. Tangible Assets

	Total
	£
Cost
As at 1 May 2024	556,363
Additions	36,750

As at 31 March 2025	593,113

Net Book Value
As at 31 March 2025	593,113

As at 1 May 2024	556,363

5. Share Capital

	31 March 2025	30 April 2024
	£	£
Allotted, Called up and fully paid	100	100