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Registered number: 12825004
Leeson Properties (Winchester) Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2025
MJK Accountants Ltd
Unit 9 Barnack Business Centre Blakey Road
Salisbury
Wiltshire
SP1 2LP
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: 12825004
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 575,000 575,000
575,000 575,000
CURRENT ASSETS
Debtors 4,550 4,550
Cash at bank and in hand 34,777 60,797
39,327 65,347
Creditors: Amounts Falling Due Within One Year (452,265 ) (492,995 )
NET CURRENT ASSETS (LIABILITIES) (412,938 ) (427,648 )
TOTAL ASSETS LESS CURRENT LIABILITIES 162,062 147,352
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,750 ) (4,750 )
NET ASSETS 157,312 142,602
CAPITAL AND RESERVES
Called up share capital 5 82,514 82,514
Fair value reserve 6 20,250 20,250
Income Statement 54,548 39,838
SHAREHOLDERS' FUNDS 157,312 142,602
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For the year 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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John Leeson
Director
28/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Leeson Properties (Winchester) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12825004 . The registered office is Unit 9 Barnack Business Centre, Blakey Road, Salisbury, Wiltshire, SP1 2LP.
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. 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 income statement.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 1 September 2024 and 31 August 2025 575,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 550,000 550,000
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5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 82,514 82,514
6. Reserves
Fair value reserve Income Statement
£ £
As at 1 September 2024 20,250 39,838
Profit for the year and total comprehensive income - 14,710
As at 31 August 2025 20,250 54,548
7. Related Party Transactions
Friary Four LtdParent companyLoan owed by parent company regarding professional fees of £4,550

Friary Four Ltd

Parent company

Loan owed by parent company regarding professional fees of £4,550

8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Friary Four Ltd , incorporated in England and Wales, who controls 100% of the shares of Leeson Properties (Winchester) Ltd .
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