Company Registration No. 15080617 (England and Wales)
UK Local Properties Ltd
Unaudited accounts
for the year ended 31 July 2025
UK Local Properties Ltd
Company Information
for the year ended 31 July 2025
Company Number
15080617 (England and Wales)
Registered Office
Evans Entwistle
Venta House
Maesglas Retail Park
Newport
Gwent
NP20 2NS
Wales
Accountants
Evans Entwistle
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
UK Local Properties Ltd
for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of UK Local Properties Ltd for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
19 August 2025
UK Local Properties Ltd
Statement of financial position
as at 31 July 2025
Investment property
686,200
338,750
Cash at bank and in hand
2,071
1,746
Creditors: amounts falling due within one year
(185,046)
(159,040)
Net current liabilities
(182,975)
(157,294)
Total assets less current liabilities
503,225
181,456
Creditors: amounts falling due after more than one year
(553,042)
(231,913)
Net liabilities
(49,817)
(50,457)
Called up share capital
100
100
Profit and loss account
(49,917)
(50,557)
Shareholders' funds
(49,817)
(50,457)
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2025 and were signed on its behalf by
Ryan Murch
Director
Company Registration No. 15080617
UK Local Properties Ltd
Notes to the Accounts
for the year ended 31 July 2025
UK Local Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15080617. The registered office is Evans Entwistle, Venta House, Maesglas Retail Park, Newport, Gwent, NP20 2NS, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
5
Transactions with related parties
At the balance sheet date the company owed RM Plumbing and Electrical Ltd (07842110), a company under under common control, and amount of £109,466 (2024: £13,500).
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).