EXTROSPECT PROPERTIES LTD

Registered Number
08741641
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

Company Information
for the year from 1 April 2024 to 31 March 2025


Director	SAPALA, Alex Batson Goodwell


Registered Number	08741641 (England and Wales)

EXTROSPECT PROPERTIES LTD

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		3,949,243		3,738,984
			3,949,243		3,738,984
Current assets
Debtors		31,000		8,817
Cash at bank and on hand		1,824		2,500
		32,824		11,317
Creditors amounts falling due within one year	4	(36,160)		(500)
Net current assets (liabilities)			(3,336)		10,817
Total assets less current liabilities			3,945,907		3,749,801
Creditors amounts falling due after one year	5		(2,434,302)		(2,403,729)
Provisions for liabilities	6		(220,753)		(188,064)
Net assets			1,290,852		1,158,008
Capital and reserves
Called up share capital			243,099		243,099
Revaluation reserve			957,117		801,747
Profit and loss account			90,636		113,162
Shareholders' funds			1,290,852		1,158,008

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 December 2025, and are signed on its behalf by:

SAPALA, Alex Batson Goodwell
Director
Registered Company No. 08741641

EXTROSPECT PROPERTIES LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		1

3.	Investment property

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	35,360	-
Accrued liabilities and deferred income	800	500
Total	36,160	500

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,434,302	2,403,729
Total	2,434,302	2,403,729

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	220,753	188,064
Total	220,753	188,064