REGISTERED NUMBER: 04852647 (England and Wales)

Alexandra Properties UK Ltd

Unaudited financial statements

for the year ended 31 July 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

S G Hutchinson

S J Hutchinson

Secretary:

S J Hutchinson

Registered office:

Construction House

Runwell Road

Wickford

Essex

SS11 7HQ

Registered number:

04852647 (England and Wales)

Accountants:

Clay Ratnage Strevens & Hills

Chartered Accountants

Construction House, Runwell Road

Wickford

Essex

SS11 7HQ

Fixed assets

Tangible assets

4

1,446

842

Investment property

5

1,385,000

1,460,000

1,386,446

1,460,842

Current assets

Debtors

6

15,722

15,137

Cash at bank

4,263

6,755

19,985

21,892

Creditors

Amounts falling due within one year

7

389,750

369,046

Net current liabilities

(369,765

)

(347,154

)

Total assets less current liabilities

1,016,681

1,113,688

Creditors

Amounts falling due after more than one year

8

(914,301

)

(916,736

)

Provisions for liabilities

9

(35,691

)

(57,279

)

Net assets

66,689

139,673

Capital and reserves

Called up share capital

100

100

Revaluation reserve

297,952

362,719

Retained earnings

(231,363

)

(223,146

)

66,689

139,673

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 17 April 2026 and were signed on its behalf by:

S J Hutchinson - Director

1.	Statutory information

Alexandra Properties UK Ltd 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.

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 is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided at the following rate:

Furniture, fittings and equipment - 20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Investment property

Investment property is carried at fair value determined annually by the directors, having regard to professional advice taken personally, and is derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.

Financial instruments

The company has elected to apply Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, including trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and subsequently carried at amortised cost using the effective interest method, less any impairment provision. Where an arrangement constitutes a financing transaction, whereby payment is deferred beyond normal business terms, it is measured at the present value of future receipts discounted at a market rate of interest. Discounting is omitted where the effect is immaterial.

Impairment of financial assets

Financial assets are assessed for impairment at each reporting date. An impairment loss arises where events subsequent to initial recognition indicate that estimated future cash flows have been adversely affected, and is measured as the difference between the carrying amount and the present value of future cash flows at the original effective interest rate. Where the indicators of impairment subsequently reverse, the impairment loss may be reversed up to the original carrying amount, and is recognised in profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of their contractual arrangements. An equity instrument is any contract that evidences a residual interest in the assets of the company after deduction of all its liabilities.

Basic financial liabilities, including trade and other payables and bank and other loans, are initially measured at transaction price after transaction costs, or where a financing transaction exists, at the present value of future payments discounted at a market rate of interest. Discounting is omitted where the effect is immaterial. All debt instruments, including trade payables, are subsequently carried at amortised cost using the effective interest method.

Trade payables are classified as current liabilities where payment is due within one year, and as non-current liabilities otherwise.

Derecognition of financial instruments

Financial assets are derecognised when contractual rights to future cash flows expire, are settled, or when the asset and substantially all risks and rewards of ownership are transferred to another party. Where significant risks and rewards are retained, the relevant portion continues to be recognised. Financial liabilities are derecognised when the related contractual obligations are discharged, cancelled or expire.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 August 2024

3,420

Additions

965

At 31 July 2025

4,385

Depreciation

At 1 August 2024

2,578

Charge for year

361

At 31 July 2025

2,939

Net book value

At 31 July 2025

1,446

At 31 July 2024

842

5.	Investment property

Freehold investment property

Long term leasehold investment property

Total

£

£

£

Valuation

At 1 August 2024

250,000

1,210,000

1,460,000

Additions at cost

-

11,355

11,355

Deficit on revaluations

-

(86,355

)

(86,355

)

At 31 July 2025

250,000

1,135,000

1,385,000

The 2025 valuations were made by the directors, having regard to professional advice taken personally, on an open market value for existing use basis.

If the investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2025

2024

£

£

Historic cost

1,051,357

1,040,002

6.

Debtors

2025

2024

£

£

Accrued income

1,415

57

Prepayments

14,307

15,080

15,722

15,137

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

2,400

2,400

Directors' current account

383,977

362,530

Accruals

3,231

3,008

Deferred income

142

1,108

389,750

369,046

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

914,301

916,736

The following liabilities were secured:

2025

2024

£

£

Bank loans

913,501

913,536

Details of security provided:

The bank loans are secured by way of a fixed charge over the long term leasehold investment properties held by the company.

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

35,691

57,279

Deferred

tax

£

Balance at 1 August 2024

57,279

Released during the year

(21,588

)

Balance at 31 July 2025

35,691

10.

Loans

Analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within 1 year

Bank loans

2,400

2,400

Amounts falling due 1-2 years

Bank loans

800

2,400

Amounts falling due 2-5 years

Bank loans

-

800

Amounts falling due after more than 5 years

Bank loans

913,501

913,536

916,701

919,136

The company has five bank loans. Four of the loans are secured and these are each subject to an interest rate of 3.29% and are interest only. The other bank loan is unsecured, carries interest at a fixed rate of 2.5% per annum and is repayable by 60 monthly installments commencing December 2021.

11.	Commitments under operating leases

At 31 July 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025

2024

£

£

Not later than 1 year

8,581

2,924

Later than 1 year and not later than 5 years

11,441

-

20,022

2,924