Little and Large Properties (Leeds) Limited Accounts






Little and Large Properties (Leeds) Limited

	Company No. 06818141
		Information for Filing with The Registrar
		28 February 2026

at	28 February 2026
Company No.		06818141	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	59,561	445
	Investment property		6	640,828	640,828

				700,389	641,273
Current assets

	Debtors		7	2,362	35,079

	Cash at bank and in hand			16,734	12,340
				19,096	47,419
Creditors: Amount falling due within one year			8	(207,116)	(264,877)
Net current liabilities				(188,020)	(217,458)
Total assets less current liabilities				512,369	423,815
Creditors: Amounts falling due after more than one year			9	(71,572)	(35,363)
Provisions for liabilities
	Deferred taxation		10	(48,484)	(37,167)

Net assets				392,313	351,285

Capital and reserves
	Called up share capital			100	100

	Other reserve		12	116,044	116,044

	Profit and loss account		12	276,169	235,141

Total equity				392,313	351,285



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 24 August 2026 and signed on its behalf by:
D.A. Shakeshaft
Director
24 August 2026

for the year ended 28 February 2026

General information

Little and Large Properties (Leeds) Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 06818141

Its registered office is:

11 Armley Grange Walk

Armley

Leeds

LS12 3QW

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Accounting policies

Revenue recognition

Turnover comprises the fair value of rents received or receivable in the ordinary course of the company's activities.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

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.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	-	25,751
		Credit for prior periods	(2,257)	2,270
		Total corporation tax	(2,257)	28,021

		Origination and reversal of timing differences	11,317	-

		Total deferred tax	11,317	-

		Tax on profit on ordinary activities	9,060	28,021

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-3462	£	£
		Profit on ordinary activities before tax	50,088	71,845

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	12,522	17,961
		Expenses not deductible for tax purposes	10,112	7,790
		Adjustments to charge in respect of prior periods	(2,257)	2,270

		Other short term timing differences	(11,317)	-

		Tax on profit on ordinary activities	9,060	28,021

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 March 2025	1,178	-	1,178
		Additions	-	70,588	70,588



		At 28 February 2026	1,178	70,588	71,766
		Depreciation
		At 1 March 2025	733	-	733
		Charge for the year	112	11,360	11,472



		At 28 February 2026	845	11,360	12,205
		Net book values
		At 28 February 2026	333	59,228	59,561
		At 28 February 2025	445	-	445

6	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 March 2025	640,828



		At 28 February 2026	640,828

		Investment property is valued at fair value in accordance with FRS 102 provided such property can be measured reliably and if so shall be measured at fair value each reporting date with changes to fair value recognised in profit or loss. There has been no valuation of investment property by an independent valuer.

7	Debtors
			2026	2025
			£	£


		Corporation tax recoverable	2,362	-



		Other debtors	-	32,549
		Prepayments and accrued income	-	2,530
			2,362	35,079

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	3,049	4,583

		Obligations under finance lease and hire purchase contracts	5,110	-
		Trade creditors	-	1,375

		Taxes and social security	-	25,703
		Loans from directors	196,110	231,299
		Other creditors	1,481	471
		Accruals and deferred income	1,366	1,446
			207,116	264,877

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	33,648	35,363

		Obligations under finance lease and hire purchase contracts	37,924	-




			71,572	35,363

10	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 March 2025	37,167	37,167
		Charge to the profit and loss account for the period	11,317	11,317

		At 28 February 2026	48,484	48,484

Share Capital

The allotted called up and fully paid share capital consists of 100 Ordinary shares of £1 each.

12	Reserves
			Other Reserve	Total other reserves
			£	£
		At 1 March 2024	148,774	148,774
		Movement on revaluation reserve	(35,000)	(35,000)
		Deferred taxation	2,270	2,270

		At 28 February 2025 and 1 March 2025	116,044	116,044



		At 28 February 2026	116,044	116,044

		Other reserve - is a non-distributable reserve.


		Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Key management personnel compensation

As at the year end the company owed the directors £196,110 (2025 £231,299)

Transactions with related parties

During the year the company entered into transactions with companies who have common directors and/or shareholders.

Management charge receivable £9,856 (2025 £3,800 payable)

Amount due to related party company £1,337 (2025 £32,078 due to related party company)