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REGISTERED NUMBER: 02195562 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


U.K. PROPERTY INVESTMENT CORPORATION
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr R T Caine





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 02195562 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 100,500 115,500

CURRENT ASSETS
Debtors 5 74,380 44,199
Cash at bank 137 771
74,517 44,970
CREDITORS
Amounts falling due within one year 6 65,094 67,949
NET CURRENT ASSETS/(LIABILITIES) 9,423 (22,979 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,923

92,521

PROVISIONS FOR LIABILITIES 7 25,460 16,693
NET ASSETS 84,463 75,828

CAPITAL AND RESERVES
Called up share capital 8 100 100
Special reserve 63,001 71,165
Retained earnings 21,362 4,563
SHAREHOLDERS' FUNDS 84,463 75,828

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 28 August 2024 and were signed by:





Mr R T Caine - Director


U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

U.K. Property Investment Corporation 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.

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.

TURNOVER
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - NIL
Long leasehold - NIL

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.

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 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 (2022 - NIL).

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. PROPERTY, PLANT AND EQUIPMENT
Freehold Long
property leasehold Totals
£    £    £   
Cost
At 1 December 2022 95,500 20,000 115,500
Additions 5,000 - 5,000
Disposals - (20,000 ) (20,000 )
At 30 November 2023 100,500 - 100,500
Net book value
At 30 November 2023 100,500 - 100,500
At 30 November 2022 95,500 20,000 115,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 1,234 254
Amounts owed by associates 73,146 43,105
Prepayments and accrued income - 840
74,380 44,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - 1,772
Tax (95 ) 784
Other creditors 64,000 64,000
Accrued expenses 1,189 1,393
65,094 67,949

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 25,460 16,693

Deferred
tax
£   
Balance at 1 December 2022 16,693
Provided during year 8,767
Balance at 30 November 2023 25,460

U.K. PROPERTY INVESTMENT CORPORATION
LIMITED (REGISTERED NUMBER: 02195562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

U K Property Investment Corporation Limited is a subsidiary of Holmes Property Group Limited, and its ultimate parent company is Corporate Finance UK Limited. Both companies are incorporated in England and Wales.