REGISTERED NUMBER: 10069281 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BLACK PEAK PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S C Panayi

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

10069281 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

1,356

1,695

Investment property

5

900,000

900,000

901,356

901,695

CURRENT ASSETS

Debtors

6

4,585

3,855

Cash at bank and in hand

87,395

55,262

91,980

59,117

CREDITORS

Amounts falling due within one year

7

434,349

431,419

NET CURRENT LIABILITIES

(342,369

)

(372,302

)

TOTAL ASSETS LESS CURRENT LIABILITIES

558,987

529,393

PROVISIONS FOR LIABILITIES

8

95,126

95,126

NET ASSETS

463,861

434,267

CAPITAL AND RESERVES

Called up share capital

9

90

90

Fair value reserve

327,373

327,373

Retained earnings

136,398

106,804

SHAREHOLDERS' FUNDS

463,861

434,267

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 14 October 2025 and were signed by:

Mr S C Panayi - Director

1.	STATUTORY INFORMATION

Black Peak 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.

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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred.This is stated after trade discounts and other sales taxes.

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

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

6,289

DEPRECIATION

At 1 April 2024

4,594

Charge for year

339

At 31 March 2025

4,933

NET BOOK VALUE

At 31 March 2025

1,356

At 31 March 2024

1,695

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

900,000

NET BOOK VALUE

At 31 March 2025

900,000

At 31 March 2024

900,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

422,499

Cost

477,501

900,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,218

2,577

Prepayments

1,367

1,278

4,585

3,855

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other loans

282,987

282,987

Tax

7,022

4,978

Directors' current accounts

143,320

142,434

Accrued expenses

1,020

1,020

434,349

431,419

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

95,126

95,126

Deferred

tax

£

Balance at 1 April 2024

95,126

Balance at 31 March 2025

95,126

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

90

Ordinary share capital

1

90

90