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Company Registration No. 14308013 (England and Wales)
SLOPE PROPERTIES LIMITED Unaudited accounts for the year ended 31 August 2024
SLOPE PROPERTIES LIMITED Unaudited accounts Contents
Page
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SLOPE PROPERTIES LIMITED Company Information for the year ended 31 August 2024
Director
Martin Zvi Oppenheimer
Company Number
14308013 (England and Wales)
Registered Office
115 CRAVEN PARK ROAD LONDON N15 6BL UNITED KINGDOM
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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SLOPE PROPERTIES LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
5,020,244 
2,895,758 
Current assets
Debtors
45,581 
675 
Cash at bank and in hand
25,240 
15,703 
70,821 
16,378 
Creditors: amounts falling due within one year
(7,625)
(4,988)
Net current assets
63,196 
11,390 
Total assets less current liabilities
5,083,440 
2,907,148 
Creditors: amounts falling due after more than one year
(3,944,850)
(2,907,228)
Provisions for liabilities
Deferred tax
(289,629)
- 
Net assets/(liabilities)
848,961 
(80)
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
868,889 
- 
Profit and loss account
(20,028)
(180)
Shareholders' funds
848,961 
(80)
For the year ending 31 August 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 22 May 2025 and were signed on its behalf by
Martin Zvi Oppenheimer Director Company Registration No. 14308013
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SLOPE PROPERTIES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
SLOPE PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14308013. The registered office is 115 CRAVEN PARK ROAD, LONDON, N15 6BL, UNITED KINGDOM.
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.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
2,895,758 
Additions
965,968 
Net gain from fair value adjustments
1,158,518 
At 31 August 2024
5,020,244 
The company’s investment property is stated at fair value in accordance with FRS 102 Section 16. The valuation was performed by the director as at 31 August 2024, based on market evidence including recent transactions in the local area. The revaluation resulted in a gain of £1,158,518, which has been recognised in equity through the revaluation reserve. A deferred tax liability of £289,629 has been recognised in relation to this gain in accordance with FRS 102 Section 29. The deferred tax reflects the temporary difference between the carrying amount of the investment property and its tax base, and is also recognised directly in equity.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
Amounts falling due after more than one year
Accrued income and prepayments
43,711 
- 
Other debtors
1,770 
575 
45,481 
575 
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SLOPE PROPERTIES LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
5,961 
3,315 
Loans from directors
1,164 
1,173 
Accruals
500 
500 
7,625 
4,988 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,674,221 
- 
Other creditors
2,270,629 
2,907,228 
3,944,850 
2,907,228 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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