| 14 MAY 2025 | |||||||||
| PROPERTY LONDON LIMITED | |||||||||
| Registered in England & Wales No. 8930509 | |||||||||
| FILLETED FINANCIAL ACCOUNTS | |||||||||
| FOR THE PERIOD | |||||||||
| 1 APRIL 2024 TO 31 MARCH 2025 | |||||||||
| ACCOUNTING POLICIES | |||||||||
| Accounting convention | |||||||||
| Deferred taxation | |||||||||
| Provision is made for at the appropriate or current tax rate in respect of any possible liability due to timing differences between recognition of events for taxation and accounting purposes. Recognition of any possible asset due to timing differences as above is only recognised to the extent that recovery is reasonably certain. | |||||||||
| FINANCIAL POSITION | |||||||||
| As at 31 March | 2025 | 2024 | |||||||
| Notes | £ | £ | |||||||
| Current assets | |||||||||
| Trade and other receivables | 2 | 254 | 254 | ||||||
| Cash and cash equivalents | 3 | ||||||||
| 275 | 274 | ||||||||
| Current liabilities | |||||||||
| Due not later than one year | |||||||||
| Trade and other payables | 4 | ( |
( |
||||||
| (27,352) | (26,759) | ||||||||
| Equity | |||||||||
| Share capital | 5 | 3 | 3 | ||||||
| Accumulated deficits | (27,355) | (26,762) | |||||||
| (27,352) | (26,759) | ||||||||
| The company is registered in England & Wales under no. 8930509 and is subject to the Companies Act 2006 in its various sections. | |||||||||
| Approved and authorised for issue by the board on |
|||||||||
| C D Morris | |||||||||
| Director | |||||||||
| NOTES TO THE FILLETED ACCOUNTS | |||||||||
| 2025 | 2024 | ||||||||
| £ | £ | ||||||||
| 1 | Accounting Policies | ||||||||
| The accounting policies are set out in full in a preceding statement. | |||||||||
| 2 | Trade and other receivables | ||||||||
| Other current accounts | 254 | 254 | |||||||
| 3 | Cash and cash equivalents | ||||||||
| Bank current account | 21 | 20 | |||||||
| 4 | Current trade and other payables | ||||||||
| Due to employees other than directors | (4,703) | (3,933) | |||||||
| Trade payables | (8) | (178) | |||||||
| Due to directors | (22,670) | (22,670) | |||||||
| Accruals | (246) | (252) | |||||||
| (27,627) | (27,033) | ||||||||
| 5 | Share capital | ||||||||
| The company is a private company limited by share capital | |||||||||
| 2025 | 2024 | ||||||||
| Number | Number | ||||||||
| Equity ordinary shares of £1 each | |||||||||
| Ordinary | |||||||||
| Allotted, called up and fully paid | 3 | 3 | 3 | 3 | |||||
| 6 | Ultimate control | ||||||||
| The company is controlled by the director. | |||||||||
| 7 | Commitments | ||||||||
| Capital expenditure | |||||||||
| There are no capital commitments. | |||||||||
| 8 | Related party transactions | ||||||||
| Key management personnel | |||||||||
| Directors and their relationships | |||||||||
| Balances at period end | |||||||||
| Amounts due from | |||||||||
| M D Morris | 254 | 254 | |||||||
| Amounts due to | |||||||||
| M Haime | 4,703 | 3,933 | |||||||
| Transactions during the period | |||||||||
| Remuneration | 0 | ||||||||
| 9 | Activity | ||||||||
| The principal activity continues to be that of trading own property. | |||||||||
| 10 | Employees (including directors) | ||||||||
| 2025 | 2024 | ||||||||
| Average during the period | Number | Number | |||||||
| ADMINISTRATION AND ADVISERS | |||||||||
| Bankers | Lloyds Bank PLC | ||||||||
| Accountants and registrar | Cramptons 25A St Matthews Road Torquay TQ2 6JA |
||||||||
| Office | 1 The Courtyard Linton Road Hastings TN34 1TR Great Britain |
||||||||