PROPCO (MAIDENHEAD) LTD - Filleted accounts

Registered number

14772827

PROPCO (MAIDENHEAD) LTD

Filleted Accounts

31 March 2025

PROPCO (MAIDENHEAD) LTD
Registered number:		14772827
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,500,000			3,485,670

Current assets
Debtors	4	-			258

Creditors: amounts falling due within one year	5	(3,499,999)			(3,485,927)

Net current liabilities			(3,499,999)			(3,485,669)

Net assets			1			1

Capital and reserves
Called up share capital			1			1

Shareholder's funds			1			1

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A M Kotecha
Director
Approved by the board on 22 September 2025

PROPCO (MAIDENHEAD) LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The accounts have been prepared on a going concern basis assuming contiuing finalcial support from the parent company and the director.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. There was no turnover during the period.

	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings Assets in the course of construction are not depreciated. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 April 2024			3,485,670
	Additions			14,330
	At 31 March 2025			3,500,000

	Depreciation
	At 31 March 2025			-

	Net book value
	At 31 March 2025			3,500,000
	At 31 March 2024			3,485,670


4	Debtors	2025		2024
£			£

	Other debtors	-		258


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	196,224		182,152
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	3,303,775		3,303,775
		3,499,999		3,485,927


6	Controlling party

	The Parent undertaking at the year end was SDA Estates Ltd, a company registered in England and Wales. Subsequent to the year end, on 10 April 2025, the Parent undertaking was Churchgate Estates Ltd, a company registered in England and Wales.


7	Other information

	PROPCO (MAIDENHEAD) LTD is a private company limited by shares and incorporated in England. Its registered office is:
	227 London Road
	Romford
	Essex
	RM7 9BQ