REGISTERED NUMBER: 03176411 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Icon Property Corp Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E Anacreonte

R F Anacreonte

SECRETARY:

Mrs E Anacreonte

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

03176411 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

4

716

1,319

Investments

5

46,934

46,934

Investment property

6

1,075,000

1,075,000

1,122,650

1,123,253

CURRENT ASSETS

Debtors

7

643,674

636,859

Cash at bank

601

19,289

644,275

656,148

CREDITORS

Amounts falling due within one year

8

95,546

73,085

NET CURRENT ASSETS

548,729

583,063

TOTAL ASSETS LESS CURRENT LIABILITIES

1,671,379

1,706,316

CREDITORS

Amounts falling due after more than one year

9

(265,452

)

(296,219

)

PROVISIONS FOR LIABILITIES

(194,334

)

(194,449

)

NET ASSETS

1,211,593

1,215,648

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

1,037,048

1,037,048

Retained earnings

174,543

178,598

1,211,593

1,215,648

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 April 2026 and were signed on its behalf by:

R F Anacreonte - Director

Mrs E Anacreonte - Director

1.	STATUTORY INFORMATION

Icon Property Corp 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.

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 amount receivable for rental services from the company's freehold properties, excluding discounts. Rental income is recognised to the extent that there is a right to consideration and is recorded at the value of the consideration due.

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 etc

-

20% on cost

Investment property

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 at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

14,321

DEPRECIATION

At 1 September 2024

13,002

Charge for year

603

At 31 August 2025

13,605

NET BOOK VALUE

At 31 August 2025

716

At 31 August 2024

1,319

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

46,934

NET BOOK VALUE

At 31 August 2025

46,934

At 31 August 2024

46,934

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,075,000

NET BOOK VALUE

At 31 August 2025

1,075,000

At 31 August 2024

1,075,000

The fair values of the investment properties have been arrived at on the basis of valuations carried out at the balance sheet date by the directors. In their opinions the market values are not significantly different from that reflected in the financial statements.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Amounts owed by group undertakings

567,834

561,019

Other debtors

75,840

75,840

643,674

636,859

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

34,561

28,742

Trade creditors

1

1

Amounts owed to group undertakings

3,000

3,000

Taxation and social security

1,342

1,342

Other creditors

56,642

40,000

95,546

73,085

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

265,452

296,219

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

155,815

181,842

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

1,037,048

11.	RELATED PARTY DISCLOSURES

The controlling party is Icon Holdings Group Limited.