Company registration number 12347180 (England and Wales)
GEORGIAN PROPERTIES INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
GEORGIAN PROPERTIES INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
GEORGIAN PROPERTIES INVESTMENTS LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
1,080,711
1,080,711
Current assets
Debtors
4
17,761
16,122
Cash at bank and in hand
75,153
54,725
92,914
70,847
Creditors: amounts falling due within one year
5
(40,632)
(56,030)
Net current assets
52,282
14,817
Total assets less current liabilities
1,132,993
1,095,528
Creditors: amounts falling due after more than one year
6
(357,069)
(337,152)
Provisions for liabilities
7
(38,655)
(38,655)
Net assets
737,269
719,721
Capital and reserves
Called up share capital
9
100
100
Revaluation reserve
10
822,375
822,375
Profit and loss reserves
(85,206)
(102,754)
Total equity
737,269
719,721
GEORGIAN PROPERTIES INVESTMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 September 2025 and are signed on its behalf by:
Mr R D Kiashek
Director
Company registration number 12347180 (England and Wales)
GEORGIAN PROPERTIES INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Georgian Properties Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor, 37 High Holborn, London, WC1V 6AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents rents receivable for the year from investment properties, net of vat.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

GEORGIAN PROPERTIES INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end 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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
1,080,711

The investment properties, consisting of two flats held on long-term leases within the block owned by the parent company, have been revalued at fair value in the previous year. The Directors do not believe the value to have changed significantly during the course of the year to 31 March 2025. The historical cost of the investment properties is £372,625.

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
17,761
16,122
GEORGIAN PROPERTIES INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
19,577
Corporation tax
4,117
3,718
Amounts payable to parent company
25,000
25,000
Accruals and deferred income
11,515
7,735
40,632
56,030
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
149,122
Amounts payable to parent company
357,069
188,030
357,069
337,152

The bank loan was repaid during the year following an injection of funds by the parent company, Georgian Properties Limited. Loans from the parent company do not attract interest and have an infinite arrangement as to its repayment.

7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
8
38,655
38,655
8
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Revaluations
38,655
38,655
There were no deferred tax movements in the year.

The deferred tax liability set out above is expected to reverse within [12 months] and relates to accelerated capital allowances that are expected to mature within the same period.

GEORGIAN PROPERTIES INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
10
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
822,375
822,375
11
Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12
Ultimate controlling party

R D Kiashek is the ultimate controlling party as the now holds 100% of the shares of Georgian Properties Limited, the parent company.

2025-03-31 2024-04-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr R D Kiashek Mrs Ilmije Kiashek 12347180 2024-04-01 2025-03-31 12347180 2025-03-31 12347180 2024-03-31 12347180 core:ShareCapital 2025-03-31 12347180 core:ShareCapital 2024-03-31 12347180 core:RevaluationReserve 2025-03-31 12347180 core:RevaluationReserve 2024-03-31 12347180 core:RetainedEarningsAccumulatedLosses 2025-03-31 12347180 core:RetainedEarningsAccumulatedLosses 2024-03-31 12347180 core:ShareCapitalOrdinaryShareClass1 2025-03-31 12347180 core:ShareCapitalOrdinaryShareClass1 2024-03-31 12347180 bus:Director1 2024-04-01 2025-03-31 12347180 2023-04-01 2024-03-31 12347180 2024-03-31 12347180 core:WithinOneYear 2025-03-31 12347180 core:WithinOneYear 2024-03-31 12347180 core:CurrentFinancialInstruments 2025-03-31 12347180 core:CurrentFinancialInstruments 2024-03-31 12347180 core:Non-currentFinancialInstruments 2025-03-31 12347180 core:Non-currentFinancialInstruments 2024-03-31 12347180 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12347180 bus:OrdinaryShareClass1 2025-03-31 12347180 bus:OrdinaryShareClass1 2024-03-31 12347180 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12347180 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12347180 bus:FRS102 2024-04-01 2025-03-31 12347180 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12347180 bus:Director2 2024-04-01 2025-03-31 12347180 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP