Company registration number: 12230277
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Leada Motors Ltd
Pages for filing with the Registrar
Company registration number: 12230277
Leada Motors Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 550,773 11,304
550,773 11,304
Current assets
Stocks 214,155 148,833
Debtors 5 7,991 -
Cash at bank and in hand 32,177 145,934
254,323 294,767
Creditors: amounts falling due within one year
6 (42,961) (49,989)
Net current assets 211,362 244,778
Total assets less current liabilities 762,135 256,082
Creditors: Amounts falling due after more than one year
7 (596,000) (96,000)
NET ASSETS 166,135 160,082
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 165,135 159,082
TOTAL EQUITY 166,135 160,082
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12230277
Leada Motors Ltd
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 2 September 2026 and signed on its behalf by:
Mr S Lea, Director Mr J Oxendale, Director
2 September 2026 2 September 2026
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Leada Motors Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Leada Motors Ltd is a private company registered in England and Wales. Its registered number is 12230277. The company is limited by shares. Its registered office is 3 Heather Court, Killinghall, Harrogate, HG3 2DA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Property:
Freehold property - 0% straight line
Plant and machinery etc.:
Plant and machinery - 25% straight line
Computer equipment - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Leada Motors Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 3).
4 Tangible fixed assets
Property Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 - 23,199 23,199
Additions 541,935 - 541,935
At 31 March 2026 541,935 23,199 565,134
Depreciation
At 1 April 2025 - 11,895 11,895
Charge for year - 2,466 2,466
At 31 March 2026 - 14,361 14,361
Net book value
At 31 March 2026 541,935 8,838 550,773
At 31 March 2025 - 11,304 11,304
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Leada Motors Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Debtors
2026 2025
£ £
Other debtors 7,991 -
6 Creditors: amounts falling due within one year
2026 2025
£ £
Trade creditors 916 244
Taxation 27,429 31,732
VAT payable 13,491 17,018
Accruals and deferred income 1,125 995
42,961 49,989
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Other creditors 596,000 96,000
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