REGISTERED NUMBER: 06114241 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Leah Property Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

B P McCafferty

SECRETARY:

L McCafferty

REGISTERED OFFICE:

The Haven

2c West Park

Cleadon Village

Tyne and Wear

SR6 7RR

REGISTERED NUMBER:

06114241 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

FIXED ASSETS

Tangible assets

4

2,809

4,342

Investment property

5

3,073,994

3,073,994

3,076,803

3,078,336

CURRENT ASSETS

Debtors

6

24,005

1,389

Cash at bank and in hand

95,102

174,522

119,107

175,911

CREDITORS

Amounts falling due within one year

7

122,203

176,932

NET CURRENT LIABILITIES

(3,096

)

(1,021

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,073,707

3,077,315

CREDITORS

Amounts falling due after more than one year

8

-

(8,333

)

PROVISIONS FOR LIABILITIES

(368,268

)

(368,404

)

NET ASSETS

2,705,439

2,700,578

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings non

distributable

1,276,778

1,276,778

Retained earnings

1,428,561

1,423,700

SHAREHOLDERS' FUNDS

2,705,439

2,700,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2026 and were signed by:

B P McCafferty - Director

1.	STATUTORY INFORMATION

Leah Property 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.

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 as modified by the revaluation of certain assets.

The accounts have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future, which the director considers appropriate.

Related party exemption

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 concluded at market rate.

Tangible fixed assets

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

Office Equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% Straight line

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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Other income

Other income represents net invoiced rental income, excluding value added tax.

Income recognition

Rental income is recognised inline with the terms and conditions in the contract. Any rents received in advance are deferred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

153,664

Disposals

(3,975

)

At 31 August 2025

149,689

DEPRECIATION

At 1 September 2024

149,322

Charge for year

1,002

Eliminated on disposal

(3,444

)

At 31 August 2025

146,880

NET BOOK VALUE

At 31 August 2025

2,809

At 31 August 2024

4,342

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

3,073,994

NET BOOK VALUE

At 31 August 2025

3,073,994

At 31 August 2024

3,073,994

The director believes the value of investment property represents its fair value as at 31 August 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

24,005

1,389

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,334

10,000

Trade creditors

882

5,096

Taxation and social security

37,506

42,635

Other creditors

75,481

119,201

122,203

176,932

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

8,333

9.	RELATED PARTY DISCLOSURES

2025

2024

£

£

Associated Company

Management re-charge for staffing

19,500

19,500