ACCOUNTS - Final Accounts

Registered number: 14736753

SIR LEONARD INC LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

SIR LEONARD INC LIMITED

COMPANY INFORMATION

Directors	D M B Macmillan
	R&H Trust Co (UK) Limited


Registered number	14736753


Registered office	Eighth Floor
	6 New Street Square
	New Fetter Lane
	London
	United Kingdom
	EC4A 3AQ


Accountants	Rawlinson & Hunter LLP
	Chartered Accountants
	Eighth Floor
	6 New Street Square
	New Fetter Lane
	London
	EC4A 3AQ

SIR LEONARD INC LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 5

SIR LEONARD INC LIMITED

REGISTERED NUMBER: 14736753

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		$		$

Fixed assets
Investments	4		850,002		850,002
			850,002		850,002
Current assets
Cash at bank and in hand	5	1,841		1,828
		1,841		1,828
Creditors: amounts falling due within one year	6	(893,039)		(879,528)
Net current liabilities			(891,198)		(877,700)
Total assets less current liabilities			(41,196)		(27,698)

Net liabilities			(41,196)		(27,698)

Capital and reserves
Called up share capital	8	210	210
Profit and loss account		(41,406)	(27,908)
		(41,196)	(27,698)

Page 1

SIR LEONARD INC LIMITED

REGISTERED NUMBER: 14736753

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D M B Macmillan

Director

Date: 11 August 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2

SIR LEONARD INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Sir Leonard INC Limited ("the company") is a private company, limited by shares, incoporated in England and Wales with registration number of 14736753. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, London, United Kingdom, EC4A 3AQ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support of its shareholders, who have confirmed they will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing of the financial statements of the company.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is USD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

SIR LEONARD INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

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.

2.8

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

4.	Fixed asset investments

		Unlisted investments
		$
	Cost
	At 1 April 2025	850,002
	At 31 March 2026	850,002

Page 4

SIR LEONARD INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

5.	Cash and cash equivalents
		2026	2025
		$	$

	Cash at bank and in hand	1,841	1,828

6.	Creditors: Amounts falling due within one year
		2026	2025
		$	$

Trade creditors	11,563	2,901
Other creditors	869,966	866,957
Accruals and deferred income	11,510	9,670
	893,039	879,528

Other creditors are loans from the shareholders of this company. They are interest free and repayable on demand, although they all have given their undertakings not to request repayment for at least 12 months after the signing of these accounts.

7.	Financial instruments
		2026	2025
		$	$

	Financial assets
	Financial assets measured at fair value through profit or loss	1,841	1,828

Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

8.	Share capital
		2026	2025
		$	$

Allotted, called up and fully paid

170 (2025 - 170) Ordinary shares of £1 each	210	210

Page 5