Troops Properties Ltd
Company No. 13086101
Information for Filing with The Registrar
31 December 2024
Troops Properties Ltd

Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2024.
Principal activities
The principal activity of the company during the year under review was the letting of investment property.
Directors
The Directors who served at any time during the year were as follows:
R.L.Andrews
S.M.Butcher
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
S.M.Butcher
Director
29 September 2025
Troops Properties Ltd

Balance Sheet Registrar
at31 December 2024
Company No.13086101Notes20242023
££
Fixed assets
Tangible assets4276299
Investment property5370,000360,000
Investments611
370,277360,300
Current assets
Debtors7224,999224,999
Cash at bank and in hand3,1145,457
228,113230,456
Creditors: Amount falling due within one year8
(330,552)
(312,303)
Net current liabilities
(102,439)
(81,847)
Total assets less current liabilities267,838278,453
Creditors: Amounts falling due after more than one year9
(260,079)
(260,079)
Provisions for liabilities
Deferred taxation
(1,961)
(4,479)
Net assets5,79813,895
Capital and reserves
Called up share capital100100
Revaluation reserve12100,50093,000
Profit and loss account12
(94,802)
(79,205)
Total equity5,79813,895
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 29 September 2025 and signed on its behalf by:
S.M.Butcher
Director
29 September 2025
Troops Properties Ltd

Notes to the Accounts Registrar
for the year ended 31 December 2024
1General information
Troops Properties Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 13086101
Its registered office is:
Bath House
6-8 Bath Street
Bristol
BS1 6HL
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Computer equipment25% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Freehold 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.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3Employees
20242023
NumberNumber
The average monthly number of employees (including directors) during the year was:00
4Tangible fixed assets
Land and buildingsPlant and machineryMotor vehiclesComputer equipmentTotal
£££££
Cost or revaluation
At 1 January 2024---599599
Additions---169169
At 31 December 2024---768768
Depreciation
At 1 January 2024---300300
Charge for the year---192192
At 31 December 2024---492492
Net book values
At 31 December 2024---276276
At 31 December 2023---299299
5Investment property
Freehold Investment Property
£
Valuation
At 1 January 2024360,000
Revaluation10,000
At 31 December 2024370,000
The investment property was revalued by the directors during the year, resulting in an upward adjustment of £10,000 to fair value.
6Investments
Investment in SubsidiariesOther investmentsTotal
£££
Cost or valuation
At 1 January 2024-11
At 31 December 2024-11
Provisions/Impairment
Net book values
At 31 December 2024-11
At 31 December 2023-11
7Debtors
20242023
££
Other debtors224,999224,999
224,999224,999
8Creditors:
Amounts falling due within one year
20242023
££
Loans from directors27,16827,719
Other creditors236,254240,254
Accruals and deferred income67,13044,330
330,552312,303
9Creditors:
Amounts falling due after more than one year
20242023
££
Other loans260,079260,079
260,079260,079
Liabilities repayable in more than five years after the balance sheet date
Amount repayable by instalments260,079260,079
260,079260,079
10Creditors: secured liabilities
20242023
££
The aggregate amount of secured liabilities included within creditors260,079260,079
At the balance sheet date, fixed and floating charges were here by Synergy Capital Investments Limited and Foundation Home Loans Limited, over all undertakings and property of the company, including the residential property, 1 Home Ground, Shirehampton, Bristol, BS11 0HN.
11Share Capital
The company’s share capital comprises 100 Ordinary shares of £1 each, all of which have been allotted, called up and fully paid, amounting to £100.
12Reserves
Revaluation ReserveCapital redemption reserveTotal other reserves
£££
At 1 January 202378,000-78,000
Movement on revaluation reserve15,00015,000
At 31 December 2023 and 1 January 202493,000-93,000
Movement on revaluation reserve7,5007,500
At 31 December 2024100,500-100,500
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