Porcelain Leopard Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15912562

		31 August 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		347,123

			347,123
CURRENT ASSETS
Cash at bank and in hand		3,936

		3,936
Creditors: Amounts Falling Due Within One Year	5	(186,005 )

NET CURRENT ASSETS (LIABILITIES)			(182,069 )

TOTAL ASSETS LESS CURRENT LIABILITIES			165,054

Creditors: Amounts Falling Due After More Than One Year	6		(165,024 )

NET ASSETS			30

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			(70 )

SHAREHOLDERS' FUNDS			30

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Porcelain Leopard Ltd

Balance Sheet (continued)

As At 31 August 2025

For the period ending 31 August 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.

On behalf of the board

Mr P Hall

Director

11/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Porcelain Leopard Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15912562 . The registered office is Castle Court, 1 Castle Street, Portchester, PO16 9QD.

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.

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. 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.

2.4. Trade and other debtors and creditors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

2.5. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

change in value

2.6. Shares and dividends

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other

resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred

and the time value of money is material, the initial measurement is on a present value basis.

Dividend distribution to the company's shareholders is recognised as a liability in the finanical statements in the reporting period in which the dividends are declared.

3. Average Number of Employees

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

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Porcelain Leopard Ltd

Notes to the Financial Statements (continued)

For the Period 22 August 2024 to 31 August 2025

4. Investment Property

	31 August 2025
	£
Fair Value
As at 22 August 2024	-
Additions	347,123

As at 31 August 2025	347,123

5. Creditors: Amounts Falling Due Within One Year

	31 August 2025
	£
Bank loans and overdrafts	9,957
Other creditors	176,048

	186,005

6. Creditors: Amounts Falling Due After More Than One Year

	31 August 2025
	£
Bank loans	165,024

7. Secured Creditors

The company has a mortgage with Vernon secured on its investment property. At the year end, the outstanding balance was £174,981.

8. Share Capital


Shares issued during the period:	£
100 Ordinary A shares of £ 1.00 each	100

9. Directors Advances, Credits and Guarantees

Included within other creditors is an amount owed to the directors of £175,452. This amount is undated, unsecured, interest free and repayable on demand.

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