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REGISTERED NUMBER: 13582417 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ITS GROUP PROPERTY HOLDINGS LIMITED

ITS GROUP PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 13582417)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ITS GROUP PROPERTY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: N B Dabanovic
T Dabanovic





REGISTERED OFFICE: Castle Cottage
Sussex Gardens
Westgate-On-Sea
Kent
CT8 8AG





REGISTERED NUMBER: 13582417 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

ITS GROUP PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 13582417)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,859,600 1,863,970

CURRENT ASSETS
Cash at bank 72,304 51,224

CREDITORS
Amounts falling due within one year 5 54,901 49,947
NET CURRENT ASSETS 17,403 1,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,877,003

1,865,247

CAPITAL AND RESERVES
Called up share capital 1,850,000 1,850,000
Retained earnings 27,003 15,247
1,877,003 1,865,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

ITS GROUP PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 13582417)

BALANCE SHEET - continued
31ST MARCH 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th June 2025 and were signed on its behalf by:





N B Dabanovic - Director


ITS GROUP PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 13582417)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

ITS Group Property Holdings 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.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover
Turnover comprises rental income received during the year from the land and buildings. It is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings are shown at cost less any accumulated depreciation and any accumulated impairment losses.

Land and buildings are depreciated over their estimated useful economic life after taking the residual value of the assets into consideration. The directors consider the residual value of the company's land and buildings to be in excess of the original cost and consequently no depreciation is provided.

The residual value of the company's assets and whether the value has been impaired are considered by the directors on an annual basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Interest income
Interest income is recognised in profit or loss using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

ITS GROUP PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 13582417)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st April 2024 1,863,970
Other adjustments (4,370 )
At 31st March 2025 1,859,600
NET BOOK VALUE
At 31st March 2025 1,859,600
At 31st March 2024 1,863,970

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 27,851 20,853
Other creditors 27,050 29,094
54,901 49,947