Leadale Estates Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04638223 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

LEADALE ESTATES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J Gluck

REGISTERED OFFICE:

36 St Kildas Road

Stamford Hill

London

N16 5BZ

REGISTERED NUMBER:

04638223 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

308

363

Investment property

5

850,000

850,308

850,363

CURRENT ASSETS

Debtors

6

27,012

23,806

Cash at bank

6,382

2,047

33,394

25,853

CREDITORS

Amounts falling due within one year

7

(183,635

)

(176,148

)

NET CURRENT LIABILITIES

(150,241

)

(150,295

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

700,067

700,068

CREDITORS

Amounts falling due after more than one
year

8

(100,574

)

(130,981

)

NET ASSETS

599,493

569,087

CAPITAL AND RESERVES

Called up share capital

10

1,000

Revaluation reserve

11

396,130

Retained earnings

11

202,363

171,957

SHAREHOLDERS' FUNDS

599,493

569,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 October 2026 and were signed by:

J Gluck - Director

1.	STATUTORY INFORMATION

Leadale Estates Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2025

and 31 January 2026

12,623

DEPRECIATION

At 1 February 2025

12,260

Charge for year

55

At 31 January 2026

12,315

NET BOOK VALUE

At 31 January 2026

308

At 31 January 2025

363

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

850,000

NET BOOK VALUE

At 31 January 2026

850,000

At 31 January 2025

850,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2015

396,130

Cost

453,870

850,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

4,725

1,519

Other debtors

22,287

27,012

23,806

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Tax

24,494

16,066

Other creditors

156,381

157,382

Accrued expenses

2,760

2,700

183,635

176,148

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.26

31.1.25

£

Bank loans more 5 yr by instal

98,428

126,398

Other loans more 5yrs instal

2,146

4,583

100,574

130,981

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

98,428

126,398

Other loans more 5yrs instal

2,146

4,583

100,574

130,981

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

Bank loans

98,428

126,398

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £2,146 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

1,000

Ordinary

£1

1,000

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 February 2025

171,957

396,130

568,087

Profit for the year

30,406

At 31 January 2026

202,363

396,130

598,493

12.	ULTIMATE CONTROLLING PARTY

The controlling party is J Gluck.