1 October 2023 false No description of principal activity Hypertax 2024.01 12883729business:PrivateLimitedCompanyLtd2023-10-012024-09-30 12883729business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 12883729business:FullAccounts2023-10-012024-09-30 128837292023-10-012024-09-30 128837292024-09-30 128837292022-03-31 128837292022-10-012023-09-30 128837292023-09-30 12883729business:Director12023-10-012024-09-30 12883729business:Director22023-10-012024-09-30 12883729business:RegisteredOffice2023-10-012024-09-30 12883729core:WithinOneYear2024-09-30 12883729core:WithinOneYear2023-09-30 12883729core:AfterOneYear2024-09-30 12883729core:AfterOneYear2023-09-30 12883729core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12883729core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12883729core:SharePremiumcore:PreviouslyStatedAmount2024-09-30 12883729core:SharePremiumcore:PreviouslyStatedAmount2023-09-30 12883729core:RevaluationReservecore:PreviouslyStatedAmount2024-09-30 12883729core:RevaluationReservecore:PreviouslyStatedAmount2023-09-30 12883729core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-09-30 12883729core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-09-30 12883729core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-09-30 12883729core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-09-30 12883729core:CapitalContributionReservecore:PreviouslyStatedAmount2024-09-30 12883729core:CapitalContributionReservecore:PreviouslyStatedAmount2023-09-30 12883729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12883729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12883729core:PreviouslyStatedAmount2024-09-30 12883729core:PreviouslyStatedAmount2023-09-30 12883729business:SmallEntities2023-10-012024-09-30 12883729core:LandBuildings2023-10-012024-09-30 12883729core:PlantMachinery2023-10-012024-09-30 12883729core:MotorVehicles2023-10-012024-09-30 12883729core:FurnitureFittings2023-10-012024-09-30 12883729core:ComputerEquipment2023-10-012024-09-30 12883729core:OtherPropertyPlantEquipment2023-10-012024-09-30 12883729core:LandBuildings2023-09-30 12883729core:PlantMachinery2023-09-30 12883729core:MotorVehicles2023-09-30 12883729core:FurnitureFittings2023-09-30 12883729core:ComputerEquipment2023-09-30 12883729core:LandBuildings2024-09-30 12883729core:PlantMachinery2024-09-30 12883729core:MotorVehicles2024-09-30 12883729core:FurnitureFittings2024-09-30 12883729core:ComputerEquipment2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12883729 (England & Wales)
London Proptech Limited
Unaudited Accounts
for the year ended 30 September 2024
London Proptech Limited
Statement of financial position
as at 30 September 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
5,286,681
4,746,882
5,286,681
4,746,882
Current assets
Cash at bank and in hand
8,206
530
8,206
530
Creditors: amounts falling due within one year
5
(5,107,158)
(4,666,529)
Net current assets
(5,098,952)
(4,665,999)
Total assets less current liabilities
187,729
80,883
Net assets
187,729
80,883
Capital and reserves
Called up share capital
100
100
Profit and loss account
187,629
80,783
Shareholder funds
187,729
80,883
For the year ending 30 September 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared 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 financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by .............................................................. Ching Ying Anna Choi Director Company Registration Number: 12883729
London Proptech Limited
Notes to the Accounts
for the year ended 30 September 2024
1. Statutory information
London Proptech Limited is a private company, limited by guarantee, registered in England & Wales, registration number 12883729. The registered office is 7 BELL YARD, LONDON, WC2A 2JR.
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. Tangible fixed assets
Land &
Total
buildings
£
£
Cost or valuation
At cost
At 1 October 2023
4,746,882
4,746,882
Additions
539,799
539,799
At 30 September 2024
5,286,681
5,286,681
Depreciation
At 1 October 2023
-
-
At 30 September 2024
-
-
Net book value
At 30 September 2024
5,286,681
5,286,681
At 30 September 2023
4,746,882
4,746,882
5. Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
33,691
24,906
Other creditors
1,359,911
999,512
Loans from directors
3,712,476
3,641,103
Accruals
1,080
1,008
5,107,158
4,666,529
6. Average number of employees
During the year the average number of employees was 1 (2023: 1).