INVESTMENT PROPERTIES (GB) LTD 31/03/2025 iXBRL

Company registration number: 03915520

INVESTMENT PROPERTIES (GB) LTD

Unaudited filleted financial statements

31 March 2025

Pearlman Rose

Chartered Accountants

Suite 1, First Floor

Jack Dash House

2 Lawn House Close

London, E14 9YQ

INVESTMENT PROPERTIES (GB) LTD

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

INVESTMENT PROPERTIES (GB) LTD

Directors and other information


	Directors	D Westcott
		A Westcott
		J Hurley


	Company number	03915520


	Registered office	16 Park Street
		Luton
		England
		LU1 3EP


	Business address	16 Park Street
		Luton
		England
		LU1 3EP


	Accountants	Pearlman Rose
		Suite 1, First Floor
		Jack Dash House
		2 Lawn House Close
		E14 9YQ

INVESTMENT PROPERTIES (GB) LTD

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Investments	4	1,439,250		1,439,250
		_______		_______
			1,439,250		1,439,250

Current assets
Cash at bank and in hand		162,306		82,054
		_______		_______
		162,306		82,054
Creditors: amounts falling due
within one year	5	( 30,120)		( 34,875)
		_______		_______
Net current assets			132,186		47,179
			_______		_______
Total assets less current liabilities			1,571,436		1,486,429

Creditors: amounts falling due
after more than one year	6		( 59,375)		( 59,375)
			_______		_______
Net assets			1,512,061		1,427,054
			_______		_______

Capital and reserves
Called up share capital			2		2
Revaluation reserve			694,877		694,877
Profit and loss account			817,182		732,175
			_______		_______
Shareholders funds			1,512,061		1,427,054
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 14 July 2025 , and are signed on behalf of the board by:

A Westcott

Director

Company registration number: 03915520

INVESTMENT PROPERTIES (GB) LTD

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	2	694,877	633,220	1,328,099

Profit for the year			98,955	98,955
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	98,955	98,955

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	2	694,877	732,175	1,427,054

Profit for the year			85,007	85,007
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	85,007	85,007

	_______	_______	_______	_______
At 31 March 2025	2	694,877	817,182	1,512,061
	_______	_______	_______	_______

INVESTMENT PROPERTIES (GB) LTD

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 16 Park Street, Luton, England, LU1 3EP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments

	Investment Property	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	1,439,250	1,439,250
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	1,439,250	1,439,250
	_______	_______
At 31 March 2024	1,439,250	1,439,250
	_______	_______

The fair value of the Investment Property has been arrived at on the basis of a valuation carried out byAitchison Rafferty, Alterbury Lakes, Fairbourne Drive, Milton Keynes MK10 9RG on 31 March 2021. The director confirmed that there have been no changes in the value at 31 March 2025.

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	28,380	32,985
Other creditors	1,740	1,890
	_______	_______
	30,120	34,875
	_______	_______

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	59,375	59,375
	_______	_______

At the balance sheet date, an amount of £24,385 was due to Chapel Green Properties Ltd (2024: £24, 385),a company of which Mr D Westcott , Mr A Westcott and Ms J Hurley are directors. At the balance sheet date, an amount of £34,990 was due to Land & Property (Luton) Ltd (2024: £34, 990), a company of which Mr D Westcott , Mr A Westcott and Ms J Hurley are directors.