IRIS Accounts Production v25.1.4.42 08300366 Board of Directors 30.9.23 29.9.24 29.9.24 26.6.25 0 false true false false true false Auditors Opinion Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083003662023-09-29083003662024-09-29083003662023-09-302024-09-29083003662022-09-29083003662022-09-302023-09-29083003662023-09-2908300366ns15:EnglandWales2023-09-302024-09-2908300366ns14:PoundSterling2023-09-302024-09-2908300366ns10:Director12023-09-302024-09-2908300366ns10:PrivateLimitedCompanyLtd2023-09-302024-09-2908300366ns10:SmallEntities2023-09-302024-09-2908300366ns10:Audited2023-09-302024-09-2908300366ns10:SmallCompaniesRegimeForDirectorsReport2023-09-302024-09-2908300366ns10:SmallCompaniesRegimeForAccounts2023-09-302024-09-2908300366ns10:FullAccounts2023-09-302024-09-2908300366ns10:OrdinaryShareClass12023-09-302024-09-2908300366ns10:Director22023-09-302024-09-2908300366ns10:RegisteredOffice2023-09-302024-09-2908300366ns5:CurrentFinancialInstruments2024-09-2908300366ns5:CurrentFinancialInstruments2023-09-2908300366ns5:ShareCapital2024-09-2908300366ns5:ShareCapital2023-09-2908300366ns5:RetainedEarningsAccumulatedLosses2024-09-2908300366ns5:RetainedEarningsAccumulatedLosses2023-09-2908300366ns5:FurnitureFittings2023-09-302024-09-2908300366ns5:FurnitureFittings2023-09-2908300366ns5:FurnitureFittings2024-09-2908300366ns5:FurnitureFittings2023-09-2908300366ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-2908300366ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-2908300366ns10:OrdinaryShareClass12024-09-29
REGISTERED NUMBER: 08300366 (England and Wales)














Financial Statements

for the Year Ended 29 September 2024

for

Isee Properties Limited

Isee Properties Limited (Registered number: 08300366)

Contents of the Financial Statements
for the Year Ended 29 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Isee Properties Limited

Company Information
for the Year Ended 29 September 2024







DIRECTORS: J A Elder
Dr C N P Elder





REGISTERED OFFICE: Suite G, First Floor
Deanway Tech 2
Wilmslow Road
Wilmslow
Cheshire
SK9 3FB





REGISTERED NUMBER: 08300366 (England and Wales)





AUDITORS: SB&P
Chartered Accountants & Statutory Auditors
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Isee Properties Limited (Registered number: 08300366)

Balance Sheet
29 September 2024

29.9.24 29.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,004 16,005
Investment property 5 4,111,767 4,042,732
4,123,771 4,058,737

CURRENT ASSETS
Debtors 6 11,557 -
Cash at bank 65,355 72,772
76,912 72,772
CREDITORS
Amounts falling due within one year 7 2,850,992 2,767,797
NET CURRENT LIABILITIES (2,774,080 ) (2,695,025 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,349,691

1,363,712

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,349,591 1,363,612
SHAREHOLDERS' FUNDS 1,349,691 1,363,712

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





J A Elder - Director


Isee Properties Limited (Registered number: 08300366)

Notes to the Financial Statements
for the Year Ended 29 September 2024


1. STATUTORY INFORMATION

Isee Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents the fair value received and receivable in respect of the sales of residential housing. This is recognised on the transfer of control to the customer on legal completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company meets its day to day working capital requirements from support from its parent company. No adjustments have been made to reflect the position if such support was withdrawn. This support is expected to continue for the foreseeable future.

Isee Properties Limited (Registered number: 08300366)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 30 September 2023
and 29 September 2024 21,644
DEPRECIATION
At 30 September 2023 5,639
Charge for year 4,001
At 29 September 2024 9,640
NET BOOK VALUE
At 29 September 2024 12,004
At 29 September 2023 16,005

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 September 2023 4,042,732
Additions 69,035
At 29 September 2024 4,111,767
NET BOOK VALUE
At 29 September 2024 4,111,767
At 29 September 2023 4,042,732

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 29.9.23
£    £   
Trade debtors 2,134 -
Prepayments and accrued income 9,423 -
11,557 -

Isee Properties Limited (Registered number: 08300366)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 29.9.23
£    £   
Trade creditors 2,365 1,001
Amounts owed to group undertakings 2,827,704 2,743,150
Tax 774 3,018
Social security and other taxes 35 -
Pensions 148 -
VAT 10,287 7,365
Other creditors 2,600 5,315
Accruals and deferred income 7,079 7,948
2,850,992 2,767,797

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.9.24 29.9.23
value: £    £   
100 Ordinary £1 100 100

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Suzanne Draper ACA FCCA (Senior Statutory Auditor)
for and on behalf of SB&P