Propiteer Acquisitions Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10514233

		2023		2022
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		5,652,989		5,652,989

			5,652,989		5,652,989
CURRENT ASSETS
Debtors	5	40,131		40,131

		40,131		40,131
Creditors: Amounts Falling Due Within One Year	6	(1,076,675 )		(1,076,256 )

NET CURRENT ASSETS (LIABILITIES)			(1,036,544 )		(1,036,125 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,616,445		4,616,864

PROVISIONS FOR LIABILITIES
Deferred Taxation			(748,816 )		(748,816 )

NET ASSETS			3,867,629		3,868,048

CAPITAL AND RESERVES
Called up share capital	7		105		105
Revaluation reserve	8		2,016,316		2,016,316
Capital redemption reserve			1		1
Profit and Loss Account			1,851,207		1,851,626

SHAREHOLDERS' FUNDS			3,867,629		3,868,048

Page 1

Page 2

Propiteer Acquisitions Limited

Balance Sheet (continued)

As At 26 June 2023

For the year ending 26 June 2023 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 directors acknowledge 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 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.

On behalf of the board

C T Sandy

Director

02/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Propiteer Acquisitions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10514233 . The registered office is 84 South Croxted Road,, London, , England, , SE21 8BD.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2022: 2)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 27 June 2022	5,652,989

As at 26 June 2023	5,652,989

Provision
As at 27 June 2022	-

As at 26 June 2023	-

Net Book Value
As at 26 June 2023	5,652,989

As at 27 June 2022	5,652,989

5. Debtors

	2023	2022
	£	£
Due within one year
Amounts owed by group undertakings	25	25
Other debtors	40,106	40,106

	40,131	40,131

6. Creditors: Amounts Falling Due Within One Year

	2023	2022
	£	£
Amounts owed to group undertakings	1,076,675	1,076,256

7. Share Capital

	2023	2022
	£	£
Allotted, Called up and fully paid	105	105

Page 3

Page 4

Propiteer Acquisitions Limited

Notes to the Financial Statements (continued)

For The Year Ended 26 June 2023

8. Reserves

	Revaluation Reserve
	£
As at 27 June 2022	2,016,316

As at 26 June 2023	2,016,316