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REGISTERED NUMBER: 13018201 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

G SAVIANO PROPERTIES (LEEDS) LIMITED

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 30 November 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| G SAVIANO PROPERTIES (LEEDS) LIMITED |

COMPANY INFORMATION

For The Year Ended 30 November 2024

| DIRECTOR: | G Saviano

| REGISTERED OFFICE: | 3 Park Square East

| Leeds

| West Yorkshire

| LS1 2NE

| REGISTERED NUMBER: | 13018201 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| 3 Park Square East

| Leeds

| LS1 2NE

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

BALANCE SHEET

30 November 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 636,675 |  | 636,675 |  |

CURRENT ASSETS

Debtors | 5 | 152,428 |  | 149,074 |  |

Cash at bank | 14,579 |  | 12,934 |  |

167,007 |  | 162,008 |  |

CREDITORS

Amounts falling due within one year | 6 | 117,013 |  | 105,016 |  |

NET CURRENT ASSETS | 49,994 |  | 56,992 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 686,669 |  | 693,667 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 654,445 |  | 670,124 |  |

NET ASSETS | 32,224 |  | 23,543 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 32,223 |  | 23,542 |  |

SHAREHOLDERS' FUNDS | 32,224 |  | 23,543 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

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.

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

BALANCE SHEET - continued

30 November 2024

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 director and authorised for issue on 22 April 2026 and were signed by:

G Saviano - Director

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 30 November 2024

1. | STATUTORY INFORMATION

| G Saviano Properties (Leeds) 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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 1 (2023 - 1 ) .

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 30 November 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 December 2023

| and 30 November 2024 | 636,675 |  |

| NET BOOK VALUE

| At 30 November 2024 | 636,675 |  |

| At 30 November 2023 | 636,675 |  |

| The director considers that the fair value of the property is equivalent to cost.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Directors' current accounts | 113,965 |  | 111,457 |  |

| Tax recoverable | 38,463 |  | 37,617 |  |

152,428 |  | 149,074 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 32,946 |  | 31,638 |  |

| Corporation tax | 48,409 |  | 42,777 |  |

| VAT | 6,356 |  | 1,301 |  |

| Accrued expenses | 29,302 |  | 29,300 |  |

117,013 |  | 105,016 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans - 1-2 years | 32,946 |  | 31,638 |  |

| Bank loans - 2-5 years | 90,770 |  | 94,913 |  |

| More than 5 years by instalments | 216,528 |  | 229,372 |  |

| Amounts owed to related undertakings | 314,201 |  | 314,201 |  |

654,445 |  | 670,124 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| More than 5 years by instalments | 216,528 |  | 229,372 |  |

G SAVIANO PROPERTIES (LEEDS) LIMITED (REGISTERED NUMBER: 13018201) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 30 November 2024

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 373,190 |  | 387,561 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 | 2023 |

£ | £ |

| G Saviano

| Balance outstanding at start of year | 111,457 |  | 111,457 |  |

| Amounts advanced | 2,508 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 113,965 |  | 111,457 |  |

10. | RELATED PARTY DISCLOSURES

| During the period, the company charged net rents of £65,000 (2023: £65,000) to Saviano Food Import Limited, a company of which Mr G Saviano is a director and majority shareholder.

| Included in Debtors : Amounts falling due within one year as at 30 November 2024 is £113,965 (2023: £111,457) due from the directors of the company. Interest has been charged at HMRC's approved interest rate.

| At 30 November 2024, the company owed an amount of £314,201 (2023: £314,201) to Saviano Food Import Limited.