REGISTERED NUMBER: 11028048 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

QP (EAST ANGLIA) PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

H R Svensson

SECRETARY:

Mrs M L Falcon Leque

REGISTERED OFFICE:

34-36 Crouch Street

Colchester

Essex

CO3 3HH

REGISTERED NUMBER:

11028048 (England and Wales)

ACCOUNTANTS:

Richard Sexton & Co LLP

3 Manor Road

Colchester

Essex

CO3 3LU

FIXED ASSETS

Investment property

4

3,440,000

3,476,981

CURRENT ASSETS

Debtors

5

2,963

34,902

Cash at bank

96,534

311,271

99,497

346,173

CREDITORS

Amounts falling due within one year

6

198,032

507,499

NET CURRENT LIABILITIES

(98,535

)

(161,326

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,341,465

3,315,655

CREDITORS

Amounts falling due after more than one year

7

(2,191,315

)

(1,758,680

)

PROVISIONS FOR LIABILITIES

-

(13,100

)

NET ASSETS

1,150,150

1,543,875

CAPITAL AND RESERVES

Called up share capital

200

200

Non-distributable reserve

10

-

76,313

Retained earnings

10

1,149,950

1,467,362

1,150,150

1,543,875

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 24 September 2025 and were signed by:

H R Svensson - Director

1.	STATUTORY INFORMATION

QP (East Anglia) Properties Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Any cumulative surplus is treated, net of related deferred tax provisions, as a non-distributable reserve.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

3,476,981

Additions

216,601

Impairments

(253,582

)

At 31 March 2025

3,440,000

NET BOOK VALUE

At 31 March 2025

3,440,000

At 31 March 2024

3,476,981

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

152,430

Valuation in 2023

(33,956

)

Valuation in 2024

(16,720

)

Valuation in 2025

(253,583

)

Cost

3,591,829

3,440,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

3,591,829

3,375,227

Investment properties were valued on an open market basis on 31 March 2025 by the Director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

580

1,983

Prepayments and accrued income

2,383

32,919

2,963

34,902

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,163

41,235

Amounts owed to group undertakings

148,700

433,783

Corporation tax

15,590

20,910

Social security and other taxes

10,735

6,202

Accrued expenses and deferred

income

6,844

5,369

198,032

507,499

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more than 5 years

2,191,315

1,758,680

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

2,191,315

1,758,680

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

4,792

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,191,315

1,758,680

Bank loans are secured by way of a fixed charge over certain investment properties of the company.

10.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,467,362

76,313

1,543,675

Deficit for the year

(193,725

)

(193,725

)

Dividends

(200,000

)

(200,000

)

Non-distributable reserve

transfer

76,313

(76,313

)

-

At 31 March 2025

1,149,950

-

1,149,950

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its parent, QP (East Anglia) Holdings Limited.

The company is ultimately under the control of H R Svensson who owns 100% of the issued share capital

in QP (East Anglia) Holdings Limited.