REGISTERED NUMBER: 01068371 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

AGOP PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Hampartsoumian

H Kouyoumdjian

SECRETARY:

H Hampartsoumian

REGISTERED OFFICE:

36-38 Princes Avenue

Muswell Hill

London

N10 3LR

REGISTERED NUMBER:

01068371 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,427

1,902

Investment property

5

2,500,000

2,500,000

2,501,427

2,501,902

CURRENT ASSETS

Debtors

6

13,661

389

Cash at bank and in hand

96,351

110,626

110,012

111,015

CREDITORS

Amounts falling due within one year

7

47,332

40,152

NET CURRENT ASSETS

62,680

70,863

TOTAL ASSETS LESS CURRENT LIABILITIES

2,564,107

2,572,765

PROVISIONS FOR LIABILITIES

483,348

483,473

NET ASSETS

2,080,759

2,089,292

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

8

1,884,171

1,884,171

Retained earnings

195,588

204,121

SHAREHOLDERS' FUNDS

2,080,759

2,089,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

H Hampartsoumian - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Fixed assets are initially recorded at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties are not depreciated.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible

preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Turnover

Turnover represents rental income receivable during the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

50,156

DEPRECIATION

At 1 April 2024

48,254

Charge for year

475

At 31 March 2025

48,729

NET BOOK VALUE

At 31 March 2025

1,427

At 31 March 2024

1,902

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,500,000

NET BOOK VALUE

At 31 March 2025

2,500,000

At 31 March 2024

2,500,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

1,875,590

Valuation in 2016

150,000

Valuation in 2017

250,000

Cost

224,410

2,500,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

224,410

224,410

Investment property was valued on an open market basis on 31 March 2025 by the directors based on market evidence .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

13,661

389

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

20,898

18,625

Other creditors

26,434

21,527

47,332

40,152

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,884,171

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,440 were paid to the directors .

10.	ULTIMATE CONTROLLING PARTY

There is no overall controlling party.