11892085falserental income2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11892085
Slough Propinvest Ltd
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Slough Propinvest Ltd
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
P Berger
REGISTERED OFFICE
195-197 Wood Street
London
E17 3NU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11892085
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Slough Propinvest Ltd
ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Slough Propinvest Ltd
BALANCE SHEET AT 31 March 2025
20252024
Notes££
FIXED ASSETS
Tangible assets2,886,9462,887,159
CURRENT ASSETS
Debtors48,5874,367
Cash at bank and in hand9,1842,242
17,7716,609
CREDITORS: Amounts falling due within one year5609,397484,309
NET CURRENT LIABILITIES(591,626)(477,700)
TOTAL ASSETS LESS CURRENT LIABILITIES2,295,3202,409,459
CREDITORS: Amounts falling due after more than one year63,801,6173,726,960
NET LIABILITIES(1,506,297)(1,317,501)
CAPITAL AND RESERVES
Called up share capital8100100
Revaluation reserve1e,9(803,451)(803,451)
Profit and loss account(702,946)(514,150)
SHAREHOLDERS' FUNDS(1,506,297)(1,317,501)
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 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17 December 2025 and signed on their behalf by
.............................
P Berger
Director
Slough Propinvest Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
The company had net liabilities of £1,506,297 at the balance sheet date. However, included in Creditors was £3,793,484 owed to shareholders. With the continued support of the shareholders, the director believes the company to be a going concern.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
1d. Investment Properties
Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income, within Other operating income.
1e. Revaluation Reserve
Net gains less related deferred tax on remeasurement of fair value of investment property at the year end, are included in a nondistributable reserve, Investment property revaluation reserve (see also note9).
1f. Statutory Information
Slough Propinvest Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 11892085 and registered office address is 195-197 Wood Street, London, England, E17 3NU.
1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
Slough Propinvest Ltd
2. EMPLOYEES
20252024
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 April 20242,886,3052,886,305
At 31 March 20252,886,3052,886,305
The investment properties are stated at fair value.
4. DEBTORS 20252024
££
Amounts falling due within one year
8,0923,890
Prepayments495477
8,5874,367
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Loans599,410458,328
Trade creditors672780
Other creditors8,54024,205
Accruals775996
609,397484,309
Interest was charged at 14.4% per annum on the above loan.
Slough Propinvest Ltd
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans >1yr8,13315,133
Loans >1yr3,793,4843,711,827
3,801,6173,726,960
7. SECURED CREDITORS
20252024
££
Amount of other creditors which are secured599,410458,328
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each100100
100100
9. REVALUATION RESERVE 20252024
££
Revaluation reserve(803,451)(803,451)
(803,451)(803,451)