Company registration number 11972942 (England and Wales)
PROPERTI-ATP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
PROPERTI-ATP LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
PROPERTI-ATP LTD (REGISTERED NUMBER: 11972942)
BALANCE SHEET
AS AT 31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
214
286
Investment property
4
264,618
262,261
264,832
262,547
Current assets
Debtors
5
6,956
8,328
Cash at bank and in hand
3,703
4,064
10,659
12,392
Creditors: amounts falling due within one year
6
(126,372)
(125,623)
Net current liabilities
(115,713)
(113,231)
Total assets less current liabilities
149,119
149,316
Creditors: amounts falling due after more than one year
7
(183,676)
(183,690)
Net liabilities
(34,557)
(34,374)
Capital and reserves
Called up share capital
3
3
Non-distributable profits reserve
8
2,357
-
0
Distributable profit and loss reserves
(36,917)
(34,377)
Total equity
(34,557)
(34,374)
PROPERTI-ATP LTD (REGISTERED NUMBER: 11972942)
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025
31 May 2025
- 2 -

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 25 February 2026
Mrs A D Keogh
Director
PROPERTI-ATP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Properti-ATP Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 71 - 75 Shelton Street, Covent Garden, London, WC2H 9JQ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of consideration received or receivable for the rental income provided in the normal course of business. The following criteria must also be met before turnover is recognised.

Turnover from a contract to provide services is recognised in the period in which the rental services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- The amount of turnover can be measured reliably

- It is probable that the company will receive the consideration due under the contract

- The stage of completion of the contract at the end of the porting period can be measured reliably; and

- The costs incurred and the costs to complete the contract can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss. Investment properties are not subject to depreciation.

PROPERTI-ATP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Computers
£
Cost
At 1 June 2024 and 31 May 2025
710
Depreciation and impairment
At 1 June 2024
424
Depreciation charged in the year
72
At 31 May 2025
496
Carrying amount
At 31 May 2025
214
At 31 May 2024
286
4
Investment property
2025
£
Fair value
At 1 June 2024
262,261
Revaluations
2,357
At 31 May 2025
264,618

Investment property comprises £26 4,618. the property valuations were arrived at by the director's best estimate.

PROPERTI-ATP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,000
4,661
Other debtors
3,956
3,667
6,956
8,328
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,542
6,062
Other creditors
121,830
119,561
126,372
125,623
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
183,676
183,690
Creditors which fall due after five years are payable as follows:
Payable by instalments
183,676
183,690

The bank loans are secured by way of fixed charges on investment properties and contain a negative pledge.

8
Non-distributable profits reserve
2025
2024
£
£
At the beginning of the year
-
-
Non distributable profits in the year
2,357
-
At the end of the year
2,357
-

PROPERTI-ATP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
8,671
17,789
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