1000 Properties Limited - Filleted accounts

Registered number

11283598

1000 Properties Limited

Report and Accounts

31 March 2025

1000 Properties Limited
Registered number:		11283598
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		780			303
Investments	4		464,000			464,000
			464,780			464,303

Current assets
Debtors	5	55,615			40,845
Cash at bank and in hand		625			7,180
		56,240			48,025

Creditors: amounts falling due within one year	6	(167,382)			(466,118)

Net current liabilities			(111,142)			(418,093)

Total assets less current liabilities			353,638			46,210

Creditors: amounts falling due after more than one year	7		(337,621)			(38,875)

Provisions for liabilities			(2,891)			(2,197)


Net assets			13,126			5,138

Capital and reserves
Called up share capital			1			1
Revaluation reserve	9		8,674			9,368
Profit and loss account			4,451			(4,231)

Shareholder's funds			13,126			5,138

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Priya Kripalani
Director
Approved by the board on 30 December 2025

1000 Properties Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Going concern
	At 31 March 2025 the company had net current liabilities of £111,142 [2024 - £418,093]. The director of the company is confident that all payments and liabilities will be met as and when they arise. The director is of the opinion that the financial statements should be drawn up on a going concern basis.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				6,082
	Additions				1,011
	At 31 March 2025				7,093

	Depreciation
	At 1 April 2024				5,779
	Charge for the year				534
	At 31 March 2025				6,313

	Net book value
	At 31 March 2025				780
	At 31 March 2024				303

4	Investments

Other
investments
£
	Cost including revaluation
	At 1 April 2024				464,000

	At 31 March 2025				464,000

	The director confirmed there was no movement in the valuation of the property at the year end. An independent professional valuation was not instructed during the year.


5	Debtors		2025		2024
£				£

	Other debtors		55,615		40,845


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		10,427		305,200
	Taxation and social security costs		-		6,344
	Other creditors		156,955		154,574
			167,382		466,118


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		337,621		38,875

8	Loans		2025		2024
£				£
	Creditors include:

	Secured bank loans		336,381		322,408

	Redwood Bank Limited has a legal charge company's Investment Properties. The legal charge is a fixed charge with a personal guarantee provided by the director. 18 Bank Street, Barnsley, S70 4JG. Together Commercial Finance Limited has a legal charge company's Investment Properties. The legal charge is a fixed charge with a personal guarantee provided by the director. North Street, South Kirby, Pontefract, WF9 3NL

9	Revaluation reserve		2025		2024
£				£

	At 1 April 2024		9,368		15,291
	Gain / (Loss) on revaluation of investment properties		-		(7,312)
	Deferred taxation arising on the revaluation of land and buildings		(694)		1,389

	At 31 March 2025		8,674		9,368

10	Transactions with the director

	At the year end the company owed the director £11,369 [2024 -£8,989 ].

11	Related party transactions		2025		2024
£				£
	Gated Developments Limited
	The company is related to Gated Developments Limited by virtue of common control. The amount due to and from these related parties at the year end were as follows:

	The amount due (to) / from Gated Developments Limited.		39,645		39,645

	Hard Hat Developers Limited
	The company is related to Hard Hat Developers Limited by virtue of common control. The amount due to and from these related parties at the year end were as follows:

	The amount due (to) / from Hard Hat Developers Limited.		6,770		1,200

	Adelaide House Developments Limited
	The company is related to Adelaide House Developments Limited by virtue of common control. The amount due to and from these related parties at the year end were as follows:

	The amount due (to) / from Adelaide House Developments Limited.		2,000		-

12	Controlling party

	The company is controlled by Priya Kripalani by virtue of her 100% shareholding in the share capital.

13	Other information

	1000 Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Boundary House
	Boston Road
	London
	W7 2QE

	The Registered office address changed from 46 Osterley Road, Isleworth, TW7 4PN to Boundary House, Boston Road, London W7 2QE on 6 March 2025.