ALSER PROPERTIES LTD

ALSER PROPERTIES LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	457,275	477,723
		457,275	477,723
Current assets
Debtors	4	22,299	20,670
Cash at bank and in hand		31,823	28,799
		54,122	49,469
Creditors: amount falling due within one year	5	(4,797)	(9,192)
Net current assets		49,325	40,277

Total assets less current liabilities		506,600	518,000
Creditors: amount falling due after more than one year	6	(264,720)	(265,807)
Net assets		241,880	252,193

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		241,780	252,093
Shareholders' funds		241,880	252,193

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts 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 accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 15 October 2025 and were signed on its behalf by:

-------------------------------
Marija Roslikova
Director

ALSER PROPERTIES LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

ALSER PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11863497, registration address 1 Giltspur Street, Farringdon, London, England, EC1A 9DD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

4% / 25y Straight Line

2.	Average number of employees, including directors Average number of employees during the year was 3 (2024 : 2).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2024	511,196	511,196
Additions	-	-
Disposals	-	-
At 31 March 2025	511,196	511,196
Depreciation
At 01 April 2024	33,473	33,473
Charge for year	20,448	20,448
On disposals	-	-
At 31 March 2025	53,921	53,921
Net book values
Closing balance as at 31 March 2025	457,275	457,275
Opening balance as at 01 April 2024	477,723	477,723

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	21,880	20,670
Prepayments & Accrued Income	383	0
Corporation Tax	36	0
	22,299	20,670

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	0	4,358
Accrued Expenses	1,338	1,283
Other Creditors	3,459	3,551
	4,797	9,192

Creditors: amount falling due after more than one year

	2025 £	2024 £
Other Creditors	209,926	209,926
Directors' Loan Accounts	54,794	55,881
	264,720	265,807

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 11863497
England and Wales
ALSER PROPERTIES LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025