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Registered number: 10803482
OPP Properties Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
OPP Properties Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—8

Page 1
OPP Properties Limited
Company Information
For The Year Ended 28 February 2025
Company Information

Director | S Sutherland
Company Number | 10803482
Registered Office | 21 Fullerton Road
| London
| SW18 1BU
Accountants | Jones & Partners Limited
| 2nd Floor, Butler House
| 177-178 Tottenham Court Road
| London
| W1T 7AF

Page 1
Page 2
OPP Properties Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 10803482

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 5 |  | 2,200,000 |  | 2,145,000
Investments | 6 |  | 58,904 |  | -
|  |  | 2,258,904 |  | 2,145,000
CURRENT ASSETS
Debtors | 7 | 52,649 |  | 19,306 |
Cash at bank and in hand |  | 26,210 |  | 30,330 |
|  | 78,859 |  | 49,636 |
Creditors: Amounts Falling Due Within One Year | 8 | (2,167,522 ) |  | (1,937,399 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (2,088,663 ) |  | (1,887,763 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 170,241 |  | 257,237
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (137,586 ) |  | (297,840 )
NET ASSETS/(LIABILITIES) |  |  | 32,655 |  | (40,603 )
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Fair value reserve | 12 |  | (2,413 ) |  | (49,242 )
Profit and Loss Account |  |  | 34,968 |  | 8,539
SHAREHOLDERS' FUNDS |  |  | 32,655 |  | (40,603)

Page 2
Page 3
OPP Properties Limited
Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 30 November 2025 and were signed on its behalf by:

S Sutherland Director
30 November 2025

The notes on pages 4 to 8 form part of these financial statements.
Page 3
Page 4
OPP Properties Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
OPP Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10803482 . The registered office is 21 Fullerton Road, London, SW18 1BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
In considering the appropriateness of adopting the going concern basis in preparing the financial statements, the director has given due consideration to the future financial operating requirements of the company.
The director expects the company to remain in operational existence for the foreseeable future and is satisfied that the necessary financial support will be available for the twelve months from the date of approval of the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer Equipment | 25% on Reducing Balance

2.5. Investment Properties
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.
No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Financial Instruments
The company recognises financial assets and liabilities when it becomes a party to the contractual provisions of the instrument.
Financial Assets

- Cash and Cash Equivalents: Measured at amortised cost, which is equivalent to nominal value.

- Investments:

- Quoted investments are initially recognised at cost and subsequently measured at fair
value at each reporting date.
- Fair value is determined using quoted market prices.
- Changes in fair value are recognised in profit or loss.
...CONTINUED
Page 4
Page 5
OPP Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.6. Financial Instruments - continued
- Unquoted investments are measured at cost less impairment if fair value cannot be reliably
determined.

- Financial Liabilities

Trade and other payables are measured at amortised cost.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 5
Page 6
OPP Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
3. Average Number of Employees
Average number of employees, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost or Valuation
As at 1 March 2024 | 915
As at 28 February 2025 | 915
Depreciation
As at 1 March 2024 | 915
As at 28 February 2025 | 915
Net Book Value
As at 28 February 2025 | -
As at 1 March 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 March 2024 | 2,145,000
Fair value adjustments | 55,000
As at 28 February 2025 | 2,200,000

Fair value at 28 February 2025 is represented by:

Valuation for 2019 | (57,000)
Valuation for 2020 | (48,000)
Valuation for 2022 | 126,888
Valuation for 2023 | (87,544)
Valuation for 2025 | 55,000
Cost | 2,210,656
| 2,200,000

Page 6
Page 7
OPP Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
6. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 March 2024 | -
Additions | 57,900
Fair value adjustments | 1,004
As at 28 February 2025 | 58,904
Provision
As at 1 March 2024 | -
As at 28 February 2025 | -
Net Book Value
As at 28 February 2025 | 58,904
As at 1 March 2024 | -

Fair value at 28 February 2025 is represented by:

Valuation in 2025 | 1,004
Cost | 57,900
| 58,904

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,015 |  | 1,250
Other debtors | 47,221 |  | 1,642
| 50,236 |  | 2,892
Due after more than one year
Other debtors | 2,413 |  | 16,414
| 52,649 |  | 19,306

Page 7
Page 8
OPP Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 2,160,191 |  | 1,935,105
Taxation and social security | 7,331 |  | 2,294
| 2,167,522 |  | 1,937,399

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 137,586 |  | 297,840

10. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 297,840

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 March 2024 | (49,242 )
Transfer to profit and loss | 46,829
As at 28 February 2025 | (2,413 )

Page 8