Unisolve Properties Limited - Filleted accounts

Registered number

09410211

Unisolve Properties Limited

Filleted Accounts

31 March 2025

Unisolve Properties Limited
Registered number:		09410211
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investment properties	3		266,578			266,578

Current assets
Debtors	4	1,735			2,895
Cash at bank and in hand		74			598
		1,809			3,493

Creditors: amounts falling due within one year	5	(47,812)			(52,627)

Net current liabilities			(46,003)			(49,134)

Total assets less current liabilities			220,575			217,444

Creditors: amounts falling due after more than one year	6		(198,900)			(198,900)



Net assets			21,675			18,544

Capital and reserves
Called up share capital			40			40
Profit and loss account			21,635			18,504

Shareholders' funds			21,675			18,544

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




V Nagpal
Director
Approved by the board on 5 December 2025

Unisolve Properties Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard other than where additional disclosure is required to show a true and fair view).

	The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.


	Turnover
	Turnover includes rent receivable and is measured at the fair value of the consideration received or receivable, net of discounts.

	Investment properties
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
	Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed (including director)	1		1


3	Investment property
£
	Cost
	At 1 April 2024			266,578

	At 31 March 2025			266,578

	The valuation of investment property was made by the director at the year end, on open market basis. No depreciation is provided on the investment property.


4	Debtors	2025		2024
£			£

	Other debtors	1,735		2,895


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Amounts owed to group undertakings	-		50,551
	Taxation and social security costs	735		382
	Other creditors	47,077		1,694
		47,812		52,627


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loan	198,900		198,900


7	Loans	2025		2024
£			£
	Creditors include:

	Secured bank loan	198,900		198,900

	The bank loan is secured by a debenture over the assets of the company.


8	Related party transactions

	The director has given personal guarantee for the secured loan amount included in creditors falling due after one year.


9	Controlling party

	The ultimate controlling party is the director V Nagpal.


10	Other information

	Unisolve Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	10 Woodfield Gardens, Hemel Hempstead, HP3 8LZ