Experience Property Consultants Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02638798 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26 MARCH 2025

FOR

EXPERIENCE PROPERTY CONSULTANTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTOR:

D Levene

REGISTERED OFFICE:

Unit 6

Broadbent Close

London

N6 5JW

REGISTERED NUMBER:

02638798 (England and Wales)

ACCOUNTANTS:

MGR Paris Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

5,721

7,212

CURRENT ASSETS

Debtors

5

1,869,258

1,740,626

Cash at bank

320,987

372,385

2,190,245

2,113,011

CREDITORS

Amounts falling due within one year

6

(1,846,849

)

(1,776,572

)

NET CURRENT ASSETS

343,396

336,439

TOTAL ASSETS LESS CURRENT LIABILITIES

349,117

343,651

CREDITORS

Amounts falling due after more than one year

7

(3,333

)

(13,333

)

NET ASSETS

345,784

330,318

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

345,782

330,316

SHAREHOLDERS' FUNDS

345,784

330,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

D Levene - Director

1.	STATUTORY INFORMATION

Experience Property Consultants 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.

The monetary amounts are rounded to the nearest pound.

Turnover

Turnover represents invoiced fees less credit notes for the management of various property developments, and invoice value of services completed in respect of interior design projects, excluding value added tax.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortised cost using the effective interest method, less any impairment

Impairment of financial assets

Financial assets, other than those held at fair value are assessed for indicators or impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occured after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the Statement of Total Comprehensive Income.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfer the financial asset and substantially all the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payables are classified as current liabilities if a payment is due within one year or less. If not, they are presented as non current liabilities. Short term creditors are initially recognised at transaction price and where material these are subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalent

Cash and cash equivalent include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 27 March 2024

and 26 March 2025

7,213

2,965

29,242

39,420

DEPRECIATION

At 27 March 2024

4,925

2,863

24,420

32,208

Charge for year

572

26

893

1,491

At 26 March 2025

5,497

2,889

25,313

33,699

NET BOOK VALUE

At 26 March 2025

1,716

76

3,929

5,721

At 26 March 2024

2,288

102

4,822

7,212

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

26.3.25

26.3.24

£

Trade debtors

140,332

95,004

Other debtors

1,728,926

1,645,622

1,869,258

1,740,626

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

26.3.25

26.3.24

£

Bank loans and overdrafts (see note 8)

10,000

Trade creditors

43,467

95,940

Taxation and social security

684,406

578,342

Other creditors

1,108,976

1,092,290

1,846,849

1,776,572

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

26.3.25

26.3.24

£

Bank loans (see note 8)

3,333

13,333

8.

LOANS

An analysis of the maturity of loans is given below:

26.3.25

26.3.24

£

Amounts falling due within one year or on demand:

Bank loans

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

3,333

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

3,333

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

26.3.25

26.3.24

value:

£

2

Ordinary

£1

2

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, total dividends of £160,000 were paid to the directors.

During the year, the directors made drawings of £390,421.

During the year, the directors introduced capital of £172,854.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Experience Property Consultants Limited for the year ended 26 March 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Experience Property Consultants Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Experience Property Consultants Limited and state those matters that we have agreed to state to the director of Experience Property Consultants Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Experience Property Consultants Limited and its director for our work or for this report.

It is your duty to ensure that Experience Property Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Experience Property Consultants Limited. You consider that Experience Property Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Experience Property Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MGR Paris Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

23 December 2025