Registration number: 10492979

Leonard Property Holdings Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Leonard Property Holdings Ltd

Company Information

Director

Ms K Leonard

Registered office

Suite A4, Skylon Court Coldnose Road Rotherwas Hereford England HR2 6JS

Leonard Property Holdings Ltd

(Registration number: 10492979)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	79	156
Investment property	6	3,016,462	3,068,915
		3,016,541	3,069,071
Current assets
Debtors	7	73,612	79,797
Cash at bank and in hand		65,126	87,793
		138,738	167,590
Creditors: Amounts falling due within one year	8	(1,332,662)	(1,310,342)
Net current liabilities		(1,193,924)	(1,142,752)
Total assets less current liabilities		1,822,617	1,926,319
Creditors: Amounts falling due after more than one year	8	(1,693,889)	(1,795,382)
Provisions for liabilities		(150,734)	(128,058)
Net (liabilities)/assets		(22,006)	2,879
Capital and reserves
Called up share capital		1	1
Retained earnings		(22,007)	2,878
Shareholders' (deficit)/funds		(22,006)	2,879

Leonard Property Holdings Ltd

(Registration number: 10492979)
Balance Sheet as at 31 July 2026

For the financial year ending 31 July 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 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 September 2026
 

......................................... Ms K Leonard Director

Leonard Property Holdings Ltd

Notes to the Unaudited Financial Statements for the year ended 31 July 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:
Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS
England

These financial statements were authorised for issue by the director on 18 September 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 financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

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.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred 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.

Leonard Property Holdings Ltd

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Fixtures and fittings	20% Straight line method

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable investment property. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

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.

Leonard Property Holdings Ltd

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Deferred taxation
Arising from previously unrecognised tax loss, tax credit or temporary difference of prior periods	22,676	8,760

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2025	11,760	11,760
At 31 July 2026	11,760	11,760
Depreciation
At 1 August 2025	11,604	11,604
Charge for the year	77	77
At 31 July 2026	11,681	11,681
Carrying amount
At 31 July 2026	79	79
At 31 July 2025	156	156

Leonard Property Holdings Ltd

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

6	Investment properties

	2026 £
At 31 July 2018	3,068,915
Additions	176,925
Disposals	(325,000)
Fair value adjustments	95,622
At 31 July	3,016,462

The investment properties have been included at fair value of the assets.

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2026 £	2025 £
Trade debtors	14,568	11,760
Prepayments	5,574	1,600
Other debtors	53,470	66,437
	73,612	79,797

Leonard Property Holdings Ltd

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	1,049,066	1,049,107
Trade creditors		735	-
Accruals and deferred income		1,680	1,680
Other creditors		281,181	259,555
		1,332,662	1,310,342

9	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Other borrowings	1,049,066	1,049,107

10	Related party transactions

Transactions with the director

2026	At 1 August 2025 £	Advances to director £	Repayments by director £	At 31 July 2026 £
Ms K Leonard
Director	(120,654)	4,149	(717)	(117,223)

2025	At 1 August 2024 £	Advances to director £	Repayments by director £	At 31 July 2025 £
Ms K Leonard
Director	(118,086)	7,548	(10,117)	(120,654)