Company Registration No. 12088764 (England and Wales)
Paparozzi Properties Ltd
Unaudited accounts
for the year ended 31 March 2025
Paparozzi Properties Ltd
Unaudited accounts
Contents
Paparozzi Properties Ltd
Company Information
for the year ended 31 March 2025
Director
Daniella Paparozzi
Company Number
12088764 (England and Wales)
Registered Office
Flat 4
Lyncroft Gardens
Ealing
W13 9PU
United Kingdom
Accountants
Serena Bowe FCCA
MyFiscal Limited
North Hatley, Halls Lane
Waltham St Lawrence
Reading
RG10 0JB
Paparozzi Properties Ltd
Statement of financial position
as at 31 March 2025
Investment property
420,000
453,063
Cash at bank and in hand
19,287
13,164
Creditors: amounts falling due within one year
(120,316)
(118,337)
Net current liabilities
(100,380)
(105,173)
Total assets less current liabilities
319,620
347,890
Creditors: amounts falling due after more than one year
(296,086)
(287,827)
Called up share capital
1
1
Revaluation reserve
10,437
50,000
Profit and loss account
13,096
10,062
Shareholders' funds
23,534
60,063
For the year ending 31 March 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 her 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 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 22 December 2025 and were signed on its behalf by
Daniella Paparozzi
Director
Company Registration No. 12088764
Paparozzi Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Paparozzi Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12088764. The registered office is Flat 4, Lyncroft Gardens, Ealing, W13 9PU, United Kingdom.
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.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 April 2024
453,063
Net loss from fair value adjustments
(33,063)
The investment property is included in the accounts at fair value. The fair value has been determined by the director taking into account the location and category of the property and recent sales and valuations of other similar property in the area.
There is a loan secured on the property of £296,086.
Amounts falling due within one year
Paparozzi Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
807
Loans from directors
110,716
117,030
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
296,086
287,827
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).