Company Registration No. 15068315 (England and Wales)
PROP SPV2 LTD
Unaudited accounts
for the year ended 31 August 2025
PROP SPV2 LTD
Unaudited accounts
Contents
PROP SPV2 LTD
Company Information
for the year ended 31 August 2025
Director
Joseph Michael McCarthy
Company Number
15068315 (England and Wales)
Registered Office
49 Woodside Business Park
Birkenhead
CH41 1EP
United Kingdom
PROP SPV2 LTD
Statement of financial position
as at 31 August 2025
Tangible assets
1,286
2,573
Investment property
458,420
163,468
Cash at bank and in hand
124
17,822
Creditors: amounts falling due within one year
(9)
(9)
Net current assets
115
17,813
Total assets less current liabilities
459,821
183,854
Creditors: amounts falling due after more than one year
(454,092)
(169,006)
Called up share capital
2
2
Profit and loss account
5,727
14,846
Shareholders' funds
5,729
14,848
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2026 and were signed on its behalf by
Joseph Michael McCarthy
Director
Company Registration No. 15068315
PROP SPV2 LTD
Notes to the Accounts
for the year ended 31 August 2025
PROP SPV2 LTD is a private company, limited by shares, registered in England and Wales, registration number 15068315. The registered office is 49 Woodside Business Park, Birkenhead, CH41 1EP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years
Investment property is included at market fair value. Gains are recognised in the income statement.
PROP SPV2 LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 September 2024
163,468
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
454,092
169,006
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).