Registration number: 05888146

Donald Leslie & Company Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Donald Leslie & Company Limited

Company Information

Directors

Mr D Leslie Mrs A Leslie

Company secretary

Mrs A Leslie

Registered office

337 Chartridge Lane Chesham Buckinghamshire United Kingdom HP5 2SQ

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Donald Leslie & Company Limited

(Registration number: 05888146)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,634	1,262
Current assets
Debtors	5	17,808	25,931
Cash at bank and in hand		12,160	15,396
		29,968	41,327
Creditors: Amounts falling due within one year	6	(30,218)	(42,087)
Net current liabilities		(250)	(760)
Net assets		1,384	502
Capital and reserves
Called up share capital		4	4
Retained earnings		1,380	498
Shareholders' funds		1,384	502

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 August 2026 and signed on its behalf by:
 

......................................... Mr D Leslie Director

Donald Leslie & Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
337 Chartridge Lane
Chesham
Buckinghamshire
HP5 2SQ
United Kingdom

These financial statements were authorised for issue by the Board on 15 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, the company continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Donald Leslie & Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Office equipment	33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Donald Leslie & Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 3).

Donald Leslie & Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Plant and machinery £	Total £
Cost or valuation
At 1 July 2025	14,667	2,295	16,962
Additions	1,198	-	1,198
Disposals	(10,068)	-	(10,068)
At 30 June 2026	5,797	2,295	8,092
Depreciation
At 1 July 2025	13,778	1,922	15,700
Charge for the year	639	187	826
Eliminated on disposal	(10,068)	-	(10,068)
At 30 June 2026	4,349	2,109	6,458
Carrying amount
At 30 June 2026	1,448	186	1,634
At 30 June 2025	889	373	1,262

5

Debtors

Current	Note	2026 £	2025 £
Trade debtors		3,450	4,860
Amounts owed by related parties	9	8,923	14,285
Prepayments		4,385	5,786
Other debtors		1,050	1,000
		17,808	25,931

Donald Leslie & Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Bank loans and overdrafts	7	-	7,333
Trade creditors		1,684	5,650
Taxation and social security		7,216	8,360
Accruals and deferred income		2,605	2,644
Corporation tax		18,713	18,100
		30,218	42,087

7	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	7,333

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2025 - £1,494).

9	Related party transactions

Transactions with directors

2026	At 1 July 2025 £	Advances to director £	Repayments by director £	At 30 June 2026 £
Mr D Leslie
Advance	14,285	82,456	(87,818)	8,923

2025	At 1 July 2024 £	Advances to director £	Repayments by director £	At 30 June 2025 £
Mr D Leslie
Advance	7,935	95,698	(89,348)	14,285