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REGISTERED NUMBER: 03259415 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 OCTOBER 2023

FOR

LONDON CAPITAL PROPERTY LIMITED

LONDON CAPITAL PROPERTY LIMITED (REGISTERED NUMBER: 03259415)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONDON CAPITAL PROPERTY LIMITED

COMPANY INFORMATION
For The Year Ended 29 October 2023







DIRECTORS: M G Ioannou
I Allan





SECRETARY: I Allan





REGISTERED OFFICE: 19 Montpelier Avenue
Bexley
Kent
DA5 3AP





REGISTERED NUMBER: 03259415 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

LONDON CAPITAL PROPERTY LIMITED (REGISTERED NUMBER: 03259415)

BALANCE SHEET
29 October 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,428,181 1,379,431

CURRENT ASSETS
Debtors 5 36,706 -
Cash at bank 8,546 28,494
45,252 28,494
CREDITORS
Amounts falling due within one year 6 (39,757 ) (51,296 )
NET CURRENT ASSETS/(LIABILITIES) 5,495 (22,802 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,433,676

1,356,629

CREDITORS
Amounts falling due after more than one
year

7

(472,900

)

(385,000

)
NET ASSETS 960,776 971,629

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 986,900 986,900
Retained earnings (26,224 ) (15,371 )
SHAREHOLDERS' FUNDS 960,776 971,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LONDON CAPITAL PROPERTY LIMITED (REGISTERED NUMBER: 03259415)

BALANCE SHEET - continued
29 October 2023


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 Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





I Allan - Director


LONDON CAPITAL PROPERTY LIMITED (REGISTERED NUMBER: 03259415)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 October 2023

1. STATUTORY INFORMATION

London Capital Property 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 as modified by the revaluation of certain assets.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 30 October 2022 1,379,431 - 1,379,431
Additions - 65,000 65,000
At 29 October 2023 1,379,431 65,000 1,444,431
DEPRECIATION
Charge for year - 16,250 16,250
At 29 October 2023 - 16,250 16,250
NET BOOK VALUE
At 29 October 2023 1,379,431 48,750 1,428,181
At 29 October 2022 1,379,431 - 1,379,431

Cost or valuation at 29 October 2023 is represented by:

Land and
buildings
£   
Valuation in 2023 1,379,431

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 36,706 -

LONDON CAPITAL PROPERTY LIMITED (REGISTERED NUMBER: 03259415)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 11,700 -
Trade creditors - (1 )
Directors' current accounts 26,677 50,037
Accrued expenses 1,380 1,260
39,757 51,296

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Loans repayable over 5 years 430,000 385,000
Hire purchase contracts 42,900 -
472,900 385,000

Amounts falling due in more than five years:

Repayable by instalments
Loans repayable over 5 years 430,000 385,000

8. RESERVES
Revaluation
reserve
£   
At 30 October 2022
and 29 October 2023 986,900