| Treasure McLeod Ltd |
| Registered number: |
04114675 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,174,932 |
|
|
3,174,932 |
|
| Current assets |
| Debtors |
4 |
|
41,843 |
|
|
43,151 |
| Cash at bank and in hand |
|
|
81,082 |
|
|
70,984 |
|
|
|
122,925 |
|
|
114,135 |
|
| Creditors: amounts falling due within one year |
5 |
|
(286,046) |
|
|
(276,185) |
|
| Net current liabilities |
|
|
|
(163,121) |
|
|
(162,050) |
|
| Total assets less current liabilities |
|
|
|
3,011,811 |
|
|
3,012,882 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(2,840,750) |
|
|
(2,923,950) |
|
|
|
| Net assets |
|
|
|
171,061 |
|
|
88,932 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
171,059 |
|
|
88,930 |
|
| Shareholders' funds |
|
|
|
171,061 |
|
|
88,932 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| G. S. C. Amos |
| Director |
| Approved by the board on 15 July 2026 |
|
| Treasure McLeod Ltd |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Rental Income is measured at the fair value of the consideration received or receivable, net of value added tax and is stated before collection fees and property costs. |
|
|
Investment Property |
|
Investment Properties have been measured at fair value at the reporting date with changes in fair value recognised in the Investment property fair value reserve, being part of shareholders funds. The investment property fair value was determined by the directors by reference to the current market prices for comparable properties, adjusted for any differences in nature, location and condition. The directors believe that there has been no change in value of these investment properties since the last assessment. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 November 2024 |
3,174,932 |
|
At 31 October 2025 |
3,174,932 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 October 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
3,174,932 |
|
At 31 October 2024 |
3,174,932 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
3,174,932 |
|
3,174,932 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
3,174,932 |
|
3,174,932 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
41,843 |
|
43,151 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
1,722 |
|
540 |
|
Taxation and social security costs |
27,289 |
|
30,011 |
|
Other creditors |
257,035 |
|
245,634 |
|
|
|
|
|
|
286,046 |
|
276,185 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
2,840,750 |
|
2,923,950 |
|
|
|
|
|
|
|
|
|
|
Other creditors represent a loan due to the shareholders. |
|
| 7 |
Other information |
|
|
Treasure McLeod Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Brunswick House |
|
30 Wandsworth Road |
|
London |
|
SW8 2LG |