INVOLVED PROPERTY INVESTMENTS LTD


Director	SPOONER, Tomas


Registered Address	C/O Eaccounts Ltd Ground Floor Cardigan House
	Castle Court
	Swansea
	SA7 9LA


Registered Number	13121847 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		240,895		105,561
			240,895		105,561
Current assets
Cash at bank and on hand		52		333
		52		333
Creditors amounts falling due within one year	5	(104,202)		(77,336)
Net current assets (liabilities)			(104,150)		(77,003)
Total assets less current liabilities			136,745		28,558
Creditors amounts falling due after one year	6		(186,424)		(76,194)
Net assets			(49,679)		(47,636)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(49,779)		(47,736)
Shareholders' funds			(49,679)		(47,636)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 31 October 2025, and are signed on its behalf by:

SPOONER, Tomas
Director
Registered Company No. 13121847

INVOLVED PROPERTY INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The company continues to adopt a going concern basis in preparing its financial statements

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investment property
	Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

4.	Investment property


		£
	Fair value at 01 February 24	105,561
	Additions	135,334
	At 31 January 25	240,895

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	103,602	76,736
Accrued liabilities and deferred income	600	600
Total	104,202	77,336


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	186,424	76,194
Total	186,424	76,194

7.	Secured creditors
	The company has loans secured over a fixed charge with a negative pledge over all the property known as, 61 mount pleasant, Swansea SA1 6EQ. The company has loans secured over a fixed charge with a negative pledge over all the property known as, 47 Richmond Road, Loughor, SA4 6QQ. The company has loans secured over a fixed charge with a negative pledge over all the property known as, 47 Richmond Road, Loughor, SA4 6QQ and 61 mount pleasant, Swansea SA1 6EQ.

Secured creditors

The company has loans secured over a fixed charge with a negative pledge over all the property known as, 61 mount pleasant, Swansea SA1 6EQ. 

The company has loans secured over a fixed charge with a negative pledge over all the property known as,  47 Richmond Road, Loughor, SA4 6QQ.

The company has loans secured over a fixed charge with a negative pledge over all the property known as,  47 Richmond Road, Loughor, SA4 6QQ and 61 mount pleasant, Swansea SA1 6EQ.