REGISTERED NUMBER: 11139780 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

1066 PROPERTY INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

A Aitbouaoune

REGISTERED OFFICE:

18 Edmund Road

Hastings

East Sussex

TN35 5JZ

REGISTERED NUMBER:

11139780 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

1,307

229

Investment property

5

445,875

445,875

447,182

446,104

CURRENT ASSETS

Debtors

6

10,119

5,310

Cash at bank

4,324

2,415

14,443

7,725

CREDITORS

Amounts falling due within one year

7

232,481

223,457

NET CURRENT LIABILITIES

(218,038

)

(215,732

)

TOTAL ASSETS LESS CURRENT LIABILITIES

229,144

230,372

CREDITORS

Amounts falling due after more than one year

8

220,481

223,397

NET ASSETS

8,663

6,975

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8,463

6,775

SHAREHOLDERS' FUNDS

8,663

6,975

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

A Aitbouaoune - Director

1.	STATUTORY INFORMATION

1066 Property Investments Ltd 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.

The director has made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover represents net rent due and invoiced provision of management services excluding discounts, value added tax and other sales taxes.

Turnover is recognised at the date rent is payable and the invoice date for the management services.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2024

-

1,165

1,165

Additions

1,734

-

1,734

At 31 January 2025

1,734

1,165

2,899

DEPRECIATION

At 1 February 2024

-

936

936

Charge for year

434

222

656

At 31 January 2025

434

1,158

1,592

NET BOOK VALUE

At 31 January 2025

1,300

7

1,307

At 31 January 2024

-

229

229

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

445,875

NET BOOK VALUE

At 31 January 2025

445,875

At 31 January 2024

445,875

Fair value at 31 January 2025 is represented by:

£

Valuation in 2020

20,000

Valuation in 2021

(11,000

)

Cost

436,875

445,875

If investment property had not been revalued it would have been included at the following historical cost:

31.1.25

31.1.24

£

£

Cost

436,875

436,875

Investment property was valued on an open market basis on 31 January 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

2,632

132

Other debtors

7,487

5,178

10,119

5,310

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,284

7,368

Tax

213

573

Other creditors

7,487

5,178

Directors' current accounts

213,537

209,377

Accrued expenses

960

961

232,481

223,457

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 1-2 years

10,284

7,368

Bank loans - 2-5 years

30,852

22,104

Bank loans more 5 yr by instal

179,345

193,925

220,481

223,397

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

179,345

193,925

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank loans

230,765

230,765

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director, A Aitbouaoune, £213,537 (2024: £209,377). There are no terms attached to this loan and it is repayable on demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 1066 Property Investments Ltd for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of 1066 Property Investments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 1066 Property Investments Ltd and state those matters that we have agreed to state to the director of 1066 Property Investments Ltd in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 1066 Property Investments Ltd and its director for our work or for this report.

It is your duty to ensure that 1066 Property Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 1066 Property Investments Ltd. You consider that 1066 Property Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 1066 Property Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

30 October 2025