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Company Registration No. 11927679 (England and Wales)
INTENSITY PROPERTIES LTD Unaudited accounts for the year ended 30 April 2024
INTENSITY PROPERTIES LTD Unaudited accounts Contents
Page
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INTENSITY PROPERTIES LTD Company Information for the year ended 30 April 2024
Director
Praful Nanji Amipara
Company Number
11927679 (England and Wales)
Registered Office
56 Christchurch Avenue Harrow HA3 8NL England
Accountants
Equifin Accountancy Ltd 87 Kingshill drive Harrow Middlesex HA3 8QQ
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INTENSITY PROPERTIES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
269,144 
269,144 
Current assets
Cash at bank and in hand
3,187 
42 
Creditors: amounts falling due within one year
(26,307)
(27,316)
Net current liabilities
(23,120)
(27,274)
Total assets less current liabilities
246,024 
241,870 
Creditors: amounts falling due after more than one year
(235,938)
(233,113)
Net assets
10,086 
8,757 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,986 
8,657 
Shareholders' funds
10,086 
8,757 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 January 2025 and were signed on its behalf by
Praful Nanji Amipara Director Company Registration No. 11927679
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INTENSITY PROPERTIES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
INTENSITY PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11927679. The registered office is 56 Christchurch Avenue, Harrow, HA3 8NL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investment property
2024 
£ 
Fair value at 1 May 2023
269,144 
At 30 April 2024
269,144 
Director consider no change in the value of the investment property for the year under review.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,931 
23,324 
Amounts owed to group undertakings and other participating interests
3,000 
- 
Taxes and social security
1,596 
1,392 
Accruals
780 
2,600 
26,307 
27,316 
Amounts owed to group undertakings and other participating interests includes payable to Herman Retail Ltd £3,000 (2023 : £Nil). Intensity Retail Ltd and Harman Retail Ltd and Intensity Properties Ltd are related parties by virtue of common director.
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INTENSITY PROPERTIES LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
155,458 
168,132 
Amounts owed to group undertakings and other participating interests
27,152 
27,152 
Loans from directors
53,328 
37,829 
235,938 
233,113 
Amounts owed to group undertakings and other participating interests includes £27,152 (2023 : £27,152) payable to Intensity Retail Ltd. Bank loan includes unsecured BBL £26,743 (2023 : £32,652) payable in 5 years, secured loan from Lloyds Bank £149,646 (2023 : £135,480). Lloyds bank loan is secured against the investment property.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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