UK Capital Property Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11924086 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

UK Capital Property Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

346

693

Investment property

5

1,126,064

1,155,639

1,126,410

1,156,332

CURRENT ASSETS

Debtors

6

1,714

Cash at bank

407,152

406,696

408,866

408,410

CREDITORS

Amounts falling due within one year

7

1,107,049

1,101,320

NET CURRENT LIABILITIES

(698,183

)

(692,910

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

428,227

463,422

CREDITORS

Amounts falling due after more than
one year

8

467,057

NET LIABILITIES

(38,830

)

(3,635

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

(38,930

)

(3,735

)

SHAREHOLDERS' FUNDS

(38,830

)

(3,635

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 April 2026 and were signed by:

Miss Shelley The Countess Of Cromer - Director

1.	STATUTORY INFORMATION

UK Capital Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11924086

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Investment property

Investment properties that are completed and available for letting are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise.

Properties that are under construction, refurbishment or not yet capable of being let are carried at cost, as fair value cannot be reliably determined at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

The company has net liabilities of £38,830. The accounts have been prepared on a going concern basis as the director has confirmed that she will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

3,035

DEPRECIATION

At 1 May 2024

2,342

Charge for year

347

At 30 April 2025

2,689

NET BOOK VALUE

At 30 April 2025

346

At 30 April 2024

693

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 May 2024

1,155,639

Revaluations

(29,575

)

At 30 April 2025

1,126,064

NET BOOK VALUE

At 30 April 2025

1,126,064

At 30 April 2024

1,155,639

Investment property situated at Flat 37, Hereford House, Fullham Road, London SW10 9UY is under a charge from Shawbrook Bank Limited.The charge was created on 13th May 2020.

Cost or valuation at 30 April 2025 is represented by:

£

Valuation in 2025

(29,575

)

Cost

1,155,639

1,126,064

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Other debtors

1,714

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Taxation and social security

-

1,807

Other creditors

1,107,049

1,099,513

1,107,049

1,101,320

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

30.4.25

30.4.24

£

Bank loans

467,057

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

467,057

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

Bank loans

467,057

The loan amounting to 467,057 is secured by the way of charge on the property situated at Flat 37, Hereford House, Fullham Road, London SW10 9UY (disclosed as investment property).The charge was created in the name of Shawbrook Bank Limited on 13th May 2020.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

100

Ordinary

£1

100

11.	RELATED PARTY DISCLOSURES

The company owes £1,019,685 (2024: £1,019,913) to its director, Miss Shelley The Countess of Cromer who is also a sole shareholder of the company as at accounting year end date.

The company was owed £1,714 (2024: £1,714) from London Capital Finances Ltd, a company registered in United Kingdom (Company registered number: 11919206), Miss Shelley The Countess of Cromer is also a director and sole shareholder of this company as at accounting year end date.