Leeds has a total of 99 councillors, 34 of whom were up for re-election in 2006.
The first result declared on Friday 5 May was for Headingley where Martin Hamilton (Lib Dem - hold) was elected with 1,067 votes.
The majority of seats are held by the sitting parties, meaning Leeds City Council remains in no overall control.
With all results now declared the only seat to change hands is Morley South which the British National Party gained from the Morley Borough Independents (Christopher James Beverley elected).
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Cllr Andrew Carter, leader of Leeds City Council told BBC Radio Leeds: "I don't think any of the major parties have anything to smile about really at all. The only gain appears to have been the BNP.
"That's a very loud and clear message to all our parties nationally that we do now have to take the threat of the BNP seriously. More particularly, we have to address the issues that people are concerned about that are making them turn to the BNP... we cannot ignore those issues."
Of the 34 seats contested in 33 wards, Labour have 16, Liberal Democrat eight, Conservative seven, Green Party one, Morley Borough Independent one, BNP one.
Taking into account the council's total 99 seats, the political composition of Leeds City Council is now: Labour 40, Liberal Democrat 26, Conservative 24, Morley Borough Independent four, Green Party three, Independent one, BNP one.
Voter turnout was 36% - an increase on the comparative 2003 figure of just over 30%.
Following the results of the June 2004 local elections, the leaders of the Liberal Democrat, Conservative and Green groups forged a joint administration, which saw the three political parties working together to run Leeds City Council.
Listen to BBC Radio Leeds for the latest election news and results.