Leslie Park Road Ltd - Accounts to registrar (filleted) - small 22.3
Leslie Park Road Ltd - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| FOR |
| LESLIE PARK ROAD LTD |
| LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| Page |
| Company Information | 1 |
| Report of the Accountants | 2 |
| Statement of Financial Position | 3 |
| Notes to the Financial Statements | 4 |
| LESLIE PARK ROAD LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 505 Pinner Road |
| Harrow |
| Middlesex |
| HA2 6EH |
| LESLIE PARK ROAD LTD |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| LESLIE PARK ROAD LTD |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 31 March 2022 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| 505 Pinner Road |
| Harrow |
| Middlesex |
| HA2 6EH |
| LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132) |
| STATEMENT OF FINANCIAL POSITION |
| 31 MARCH 2022 |
| 31/3/22 | 31/8/21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| 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 |
| LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| 1. | STATUTORY INFORMATION |
| Leslie Park Road Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investment property |
| Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss. |
| Taxation |
| Taxation for the period 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 September 2021 |
| Additions |
| At 31 March 2022 |
| NET BOOK VALUE |
| At 31 March 2022 |
| At 31 August 2021 |
| LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| 4. | INVESTMENT PROPERTY - continued |
| In the opinion of the directors the fair value of the investment properties as at 31 March 2022 is not significantly different to that stated above. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/22 | 31/8/21 |
| £ | £ |
| Amounts owed by connected companies | 3,000 | - |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/22 | 31/8/21 |
| £ | £ |
| Other loans (see note 7) |
| Amounts owed to connected companies | 838,767 | 684,017 |
| Accrued expenses |
| 7. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31/3/22 | 31/8/21 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Other loans |
| 8. | SECURED DEBTS |
| The other loan is secured by a legal charge over the investment property of the company, a personal guarantee from the director and corporate guarantee from Emperor Development (Group) Limited and Emperor Property (Group) Limited, limited to the loan. The loan is repayable by 30 June 2022 and the rate of interest is 0.667% per month. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/3/22 | 31/8/21 |
| value: | £ | £ |
| Ordinary | 1 | 1 | 1 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 September 2021 | ( |
) |
| Deficit for the period | ( |
) |
| At 31 March 2022 | ( |
) |
| LESLIE PARK ROAD LTD (REGISTERED NUMBER: 12805132) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2021 TO 31 MARCH 2022 |
| 11. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| At the period end the company owed £818,768 (2021: £664,018) to Sterling Rose Developments Ltd, a company in which the director has beneficial interest. The amount owed is interest free and repayable on demand. |
| At the period end the company was owed £3,000 by 283 High Street Ltd, a company in which the director has beneficial interest. The amount owed is interest free and receivable on demand. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The company is a subsidiary of Emperor Property (Group) Limited, a company registered in England and Wales. |
| The director is the ultimate controller. |