Company No: 04921502 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Director

C Monk

Registered office	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG
	United Kingdom

Company number

04921502 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Leo Products Limited for the financial year ended 31 January 2026 which comprise the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Director of Leo Products Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Leo Products Limited and state those matters that we have agreed to state to the director of Leo Products Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leo Products Limited and its Director as a body for our work or for this report.

It is your duty to ensure that Leo Products Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Leo Products Limited. You consider that Leo Products Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Leo Products Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG

27 August 2026

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	4	3,882		6,171
Tangible assets	5	6,982		5,078
		10,864		11,249
Current assets
Debtors	6	25,620		25,083
Cash at bank and in hand		43,771		73,234
		69,391		98,317
Creditors: amounts falling due within one year	7	( 45,819)		( 56,469)
Net current assets		23,572		41,848
Total assets less current liabilities		34,436		53,097
Net assets		34,436		53,097
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		34,336		52,997
Total shareholder's funds		34,436		53,097

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Leo Products Limited (registered number: 04921502) were approved and authorised for issue by the Director on 26 August 2026. They were signed on its behalf by:

C Monk Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Leo Products Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Springfield House, Springfield Road, Horsham, West Sussex, RH12 2RG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	4 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

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

2.Transition to FRS102

These financial statements are the Company's first financial statements prepared in accordance with FRS 102 Section 1A. In the previous year, the Company prepared its financial statements under FRS 105. The date of transition to FRS 102 was 1 February 2025. The transition has not resulted in any material adjustments to the company's reported financial position or results.

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

4. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 February 2025	34,230		34,230
At 31 January 2026	34,230		34,230
Accumulated amortisation
At 01 February 2025	28,059		28,059
Charge for the financial year	2,289		2,289
At 31 January 2026	30,348		30,348
Net book value
At 31 January 2026	3,882		3,882
At 31 January 2025	6,171		6,171

5. Tangible assets

	Fixtures and fittings		Office equipment		Total
	£		£		£
Cost
At 01 February 2025	19,562		15,402		34,964
Additions	983		3,527		4,510
Disposals	( 16,748)		( 10,886)		( 27,634)
At 31 January 2026	3,797		8,043		11,840
Accumulated depreciation
At 01 February 2025	17,890		11,996		29,886
Charge for the financial year	816		1,790		2,606
Disposals	( 16,748)		( 10,886)		( 27,634)
At 31 January 2026	1,958		2,900		4,858
Net book value
At 31 January 2026	1,839		5,143		6,982
At 31 January 2025	1,672		3,406		5,078

6. Debtors

	2026		2025
	£		£
Trade debtors	25,555		25,018
Other debtors	65		65
	25,620		25,083

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	38,175		45,771
Other taxation and social security	664		1,110
Other creditors	6,980		9,588
	45,819		56,469

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with the entity's director

During the year the director provided the company with an interest free loan repayable on demand. At the balance sheet date the amount owed to the director was £4,063 (2025: £4,226).