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Company Registration No. 14677954 (England and Wales)
Third Uncle Properties Limited Unaudited accounts for the year ended 28 February 2025
Third Uncle Properties Limited Unaudited accounts Contents
Page
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Third Uncle Properties Limited Company Information for the year ended 28 February 2025
Director
Tsz Lok MA
Secretary
Tsz Lok MA
Company Number
14677954 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Third Uncle Properties Limited Accountants' report
Accountants' report to the director of Third Uncle Properties Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Third Uncle Properties Limited for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Third Uncle Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Third Uncle Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Third Uncle Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Third Uncle Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Third Uncle Properties Limited. You consider that Third Uncle Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Third Uncle Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 19 March 2025
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Third Uncle Properties Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
61,274 
27,000 
Current assets
Cash at bank and in hand
129 
1,216 
Creditors: amounts falling due within one year
(70,023)
(36,455)
Net current liabilities
(69,894)
(35,239)
Net liabilities
(8,620)
(8,239)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,621)
(8,240)
Shareholders' funds
(8,620)
(8,239)
For the year ending 28 February 2025 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 19 March 2025 and were signed on its behalf by
Tsz Lok MA Director Company Registration No. 14677954
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Third Uncle Properties Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Third Uncle Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14677954. The registered office is 20-22 Wenlock Road, London, N1 7GU, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Computer equipment
33% on cost
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
27,000 
- 
27,000 
Additions
33,000 
1,561 
34,561 
At 28 February 2025
60,000 
1,561 
61,561 
Depreciation
Charge for the year
- 
287 
287 
At 28 February 2025
- 
287 
287 
Net book value
At 28 February 2025
60,000 
1,274 
61,274 
At 29 February 2024
27,000 
- 
27,000 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
69,520 
36,044 
Accruals
503 
411 
70,023 
36,455 
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Third Uncle Properties Limited Notes to the Accounts for the year ended 28 February 2025
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Tsz Lok MA
Director's loan account
(36,044)
(43,474)
(9,998)
(69,520)
(36,044)
(43,474)
(9,998)
(69,520)
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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