REGISTERED NUMBER: 09963700 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Leonard Design Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I A Staples

Mr J M Morgan

REGISTERED OFFICE:

4th Floor Albion House

5-13 Canal Street

Nottingham

NG1 7EG

REGISTERED NUMBER:

09963700 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Investments

4

6,941,587

6,879,618

CURRENT ASSETS

Debtors

5

49,166

97,859

Cash at bank

11,949

-

61,115

97,859

CREDITORS

Amounts falling due within one year

6

106,418

1,968

NET CURRENT (LIABILITIES)/ASSETS

(45,303

)

95,891

TOTAL ASSETS LESS CURRENT LIABILITIES

6,896,284

6,975,509

CREDITORS

Amounts falling due after more than one year

7

639,390

716,682

NET ASSETS

6,256,894

6,258,827

CAPITAL AND RESERVES

Called up share capital

1,800,100

1,800,100

Share premium

1,700,093

1,700,093

Retained earnings

2,756,701

2,758,634

SHAREHOLDERS' FUNDS

6,256,894

6,258,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

Mr J M Morgan - Director

1.	STATUTORY INFORMATION

Leonard Design Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment, based on their recent financial performance.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2024

6,879,618

Additions

61,969

At 30 September 2025

6,941,587

NET BOOK VALUE

At 30 September 2025

6,941,587

At 30 September 2024

6,879,618

The company's investments at the Balance Sheet date in the share capital of companies consisted of the following:

Leonard Design Limited - holding of 100% of the ordinary shares. The registered office of that company is 4th Floor, Albion House, 5-13 Canal Street, Nottingham NG1 7EG and its principal activity was the provision of architectural services.

Leonard Design GmbH - holding of 80% of the ordinary shares. The registered office of that company is Kintyre Management GmbH, Charlottestrasse 62, 10117 Berlin, and its principal activity is the provision of architectural services. In the previous year a loan of £282,871 which has been made to Leonard Design GmbH was fully impaired, to reflect the financial uncertainty of the company continuing. The company's investment of £6,686 in the share capital of Leonard Design GmbH has not currently been impaired, and the position continues to be monitored by the directors.

Leonard Design Group Korea Inc - holding of 75% of the common shares at a cost, including related legal expenditure, of £61,969, following incorporation on 10 December 2024. The registered office of that company is 509-J238, 5th Floor, 81 Convensia-daero, Yeonsu-go, Incheon, Republic of Korea and and its principal activity was the provision of architectural services.

At the balance sheet date, Leonard Design Limited held 100% of the ordinary shares of Leonard Design Sdn Bhd, whose registered office is Level 33A, Menara iMK, Kimlpleks 1 Mont Kiara, no.1 Jalan Kiara, 50480 Kuala Lumpur, and whose principal activity is the provision of architectural services. The original cost of the investment was £180,001. To reflect the financial uncertainty of the company continuing, the fair value of the investment was impaired in 2019 by £180,001,and as it is unlikely that Leonard Design Limited will be able to recover the loan of £317,822 that it had made to Leonard Design Sdn Bhd, the full impairment of that loan was recognised in the accounts to 30 September 2020.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

49,166

97,859

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

25,558

-

Other creditors

80,860

1,968

106,418

1,968

Other creditors includes a loan from a shareholder and former director that is currently interest free.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

639,390

716,682

Other creditors includes accrued interest on a loan note repayments due to shareholders.

8.	POST BALANCE SHEET EVENTS

In June 2026 the company purchased the trade and assets of its subsidiary Leonard Design Limited, and continued the trade of that company.