1120 Properties Ltd

	Registered number
	12842693

	1120 Properties Ltd
	Unaudited Accounts
	for the year ended
	31 August 2025

1120 Properties Ltd Balance Sheet as at 31 August 2025
	Notes		2025 £		2024 £
Fixed assets
Tangible assets	3		457,094		457,253
			457,094		457,253

Current assets
Debtors	4	2,132		2,132
Cash at bank and in hand		2,577		2,536
		4,709		4,668

Prepayments and accrued income:		529		529

Creditors: amounts falling due within one year	5	(146,824)		(143,821)

Net current assets / (liabilities)			(141,586)		(138,624)

Total assets less current liabilities			315,508		318,629

Creditors: amounts falling due after more than one year	6		(331,747)		(331,747)

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(1,755)		(1,755)

Total net assets (liabilities)			(17,994)		(14,873)

Capital and reserves
Called up share capital	7		2		2
Profit and loss account			(17,996)		(14,875)
Shareholders' funds			(17,994)		(14,873)

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 August 2025 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mrs J Colocasidou

Director

Approved by the board on 14 October 2025

Company Number: 12842693 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

57 Larkshall Road
London
E4 7HS
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The company is funded by loans from the directors. The directors have considered the next 12 months and due to the directors’ continued support by way of the loans, the directors have considered it appropriate to prepare the financial statements on the going concern basis.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Fixtures & Fittings

15% Reducing Balance

	Investment property
	Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.

	Financial instruments
	Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

Employees
	2025	2024
Average number of employees during the period	0	0

Tangible fixed assets
	Fixtures & Fittings	Land & buildings	Total
Cost or valuation	£	£	£
At 1 September 2024	2,031	456,193	458,224
At 31 August 2025	2,031	456,193	458,224
Depreciation
At 1 September 2024	971	0	971
Charge for the period	159	0	159
At 31 August 2025	1,130	0	1,130
Net book value
At 31 August 2025	901	456,193	457,094
At 31 August 2024	1,060	456,193	457,253

Debtors
	2025	2024
	£	£
Other debtors	2,132	2,132
	2,132	2,132

Creditors: amounts falling due within one year
	2025	2024
	£	£
Other creditors	146,824	143,821
	146,824	143,821

Creditors: amounts falling due after one year
	2025	2024
	£	£
Bank Loans & overdrafts	331,747	331,747
	331,747	331,747

Share capital
	2025	2024
	£	£
Allotted, called up and fully paid:
2 (2024: 2) Ordinary shares of £1.00 each	2	2

	2	2