REGISTERED NUMBER: 10550625 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MAPP PROPERTIES LONDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss M Papakyriacou

REGISTERED OFFICE:

13 Beech Hill Avenue

Barnet

Hertfordshire

EN4 0LW

REGISTERED NUMBER:

10550625 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Investment property

4

1,425,462

1,425,462

CURRENT ASSETS

Cash at bank and in hand

9,126

13,627

CREDITORS

Amounts falling due within one year

5

497,461

484,799

NET CURRENT LIABILITIES

(488,335

)

(471,172

)

TOTAL ASSETS LESS CURRENT LIABILITIES

937,127

954,290

CREDITORS

Amounts falling due after more than one year

6

(389,224

)

(413,328

)

PROVISIONS FOR LIABILITIES

8

(47,768

)

(47,768

)

NET ASSETS

500,135

493,194

CAPITAL AND RESERVES

Called up share capital

9

2

2

Fair value reserve

10

282,915

282,915

Retained earnings

10

217,218

210,277

SHAREHOLDERS' FUNDS

500,135

493,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

Miss M Papakyriacou - Director

1.	STATUTORY INFORMATION

Mapp Properties London 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Statement of Income and Retained Earnings, 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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

1,425,462

NET BOOK VALUE

At 31 January 2025

1,425,462

At 31 January 2024

1,425,462

Fair value at 31 January 2025 is represented by:

£

Valuation in 2019

330,683

Cost

1,094,779

1,425,462

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other loans (see note 7)

160,103

160,103

Trade creditors

3,960

-

Tax

1,629

9,225

Amount due to related company

224,961

264,961

Directors' current accounts

103,208

47,180

Accrued expenses

3,600

3,330

497,461

484,799

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans (see note 7)

389,224

413,328

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

389,224

413,328

7.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

£

Amounts falling due within one year or on demand:

Other loans

160,103

160,103

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

389,224

413,328

8.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

47,768

47,768

Deferred

tax

£

Balance at 1 February 2024

47,768

Balance at 31 January 2025

47,768

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

2

Ordinary Shares

£1

2

2

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 February 2024

210,277

282,915

493,192

Profit for the year

6,941

6,941

At 31 January 2025

217,218

282,915

500,133